Data is being called the secret weapon of all contemporary businesses. Within the commercial real estate scene, data has become the foundation of the industry’s progress. However, the focus is moving away from data collected from the building’s tenants. Right now, the industry is concerned with data surrounding the building itself. Nothing is more valuable than data… expect maybe how you leverage it. As data becomes a vital commodity for commercial real estate, we’re all challenged to find better applications…

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Every business experiences ups and downs. The regular rhythms of an industry are simply a part of the game. Whether we like it or not, it seems like everyone becomes accustomed to the change in traffic associated with the year’s slow seasons. Not only is it a dependable gauge to work with, but it also represents a logical downturn of business. While it’s certain that no CRE professional is happy about the seasonal drop in demand, it’s not a sink-or-swim…

2020’s lease restructuring period isn’t anything like the industry’s used to. This year is filled with previously unforeseen obstacles, including pandemic disruptions, an economic downturn, and flood waves of new policies that implicate the commercial space. If you’re struggling with these circumstances, don’t let the opportunity to restructure your lease idly pass you by. This gives tenants the chance to establish new leasing agreements that can potentially help them down the line. Reducing expenses, rewriting protocols, and other edits can…

We made it. Against all odds, loads of anxiety, and a solid amount of fear, the world is emerging out of the pandemic’s lockdown status. While the virus is certainly not south of us yet, markets across the country are starting to reopen – slowly but surely. This development is met by mixed emotions from all directions, but progress is being made one step at a time. During a trial and error period like this, every market can learn something…

As WFH continues to dominate today’s business scene, offices are facing many unprecedented challenges. Teams are teleworking, the office space is snoozing, and even after two months, there’s no official word yet on when things will be back to ‘normal’. With uncertainty on the radar and no clear end to COVID-19 in sight, office lease renewals will definitely pose a challenge for many landlords and property owners. Let’s take a deeper look at the details to gauge exactly what the…

Akron, Ohio, April 22, 2020 – Construction of new Office Spec Building located in White Pond Crossing in Akron, OH is on schedule for completion this summer 2020, and the building is filling up quickly. Stacy Tramonte handles the leasing for the new spec building. Stacy has secured national tenant Burns & McDonnell, occupying the whole 3rd floor of the building. Burns & McDonnell is a 100% employee-owned global engineering, architecture and construction firm and is on Fortune’s 2020 list of 100…