Market Share

The Official Blog for Commercial Real Estate

Tag: data analytics

Regional market

Regional Labor Market Trends and Comparative Analysis

  • June 6, 2024
“Labor availability trumps labor costs as a top concern in the Eastern Pennsylvania and New Jersey markets,” said David Hickey, global managing director at Hickey Associates. He led experts in a dynamic discussion at I.CON East this week in Jersey City, New Jersey. They drilled down on the region’s data and provided strategies to navigate the tight talent market.
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BIM and the Future of Real Estate Investment: Mitigating Risk and Improving ROI

  • April 18, 2024
Building information modeling, or BIM, is one of the most powerful tools developers can use to reduce risk and ensure the profitability of their investments. BIM not only allows for better planning and project design, but also facilitates collaboration, communication, efficiency and ongoing asset management.
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ESG

Advancing ESG Performance in the Built Environment

  • October 19, 2023
There are myriad considerations involved in developing a successful, comprehensive ESG strategy. A panel at CRE.Converge discussed overarching ESG trends that are increasingly impacting building operations and development.
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Franklin Tower (Philadelphia)

A Data-driven Plan to Convert Empty Offices into Lively Residences

  • July 6, 2023
In a recent NAIOP webinar, Gensler Principal Steven Paynter, OAA, ARB, explored the firm’s data-driven process for analyzing underused office spaces and determining how to transform them into vibrant and livable residential buildings.
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Artificial intelligence

Leveraging Data Science and AI in CRE Investment Strategies

  • June 9, 2023
“[Artificial Intelligence] won’t replace real estate people. AI will replace real estate people who don’t have AI,” said Itay Ron, senior president of Northeast markets at Faropoint at the I.CON East conference this week in Jersey City, New Jersey. “Right now, we are reaching an inflection point where you can easily use data for commercial real estate,” Ron continued, discussing the state of artificial intelligence technology and how commercial real estate professionals can utilize AI in their investments. 
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Warehouse workers

Labor Trends in the Powerhouse Logistics Empire

  • March 14, 2023
Experts dug into the data behind labor and workforce trends in California’s Inland Empire and the surrounding regions, one of the most competitive labor markets for distribution and manufacturing workers in the western U.S., during a session at NAIOP’s I.CON West in Long Beach, California. However, alternative markets like Phoenix and Las Vegas/Reno could provide valuable options outside of the Inland Empire, especially when considering total cost modeling.
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3D building

Data Analytics’ Influence on CRE Site Selection, Design and More

  • October 26, 2022

Artificial intelligence, virtual reality, the Internet of Things… all trending technologies that are showing up everyplace from online shopping recommendations to continually monitored physical systems.  This big data is collected, analyzed and deployed to help users make smarter choices and is increasingly guiding forces across the commercial real estate industry. Beyond property management and building […]

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Using Data and Benchmarking to Advance Sustainability Goals

Advancing Sustainability Goals Using Data and Benchmarking

  • October 12, 2022

Pressure to satisfy environmental, social and governance (ESG) goals among companies in the commercial real estate sector has intensified during the COVID-19 pandemic, according to panelists at CRE.Converge. External pressure is building as local governments establish environmental benchmarking ordinances. But even where regulatory demands and tenant awareness are lacking, boards and investors are asking their […]

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