Episode Details
Back to Episodes
Unconventional Ways to Make Money from Commercial Real Estate | Brokers Round Table
Description
Key Takeaways:
Unconventional ways to monetize commercial real estate include renting out parking spaces, using excess land for storage containers, implementing digital billboards/signage, and leveraging technology and experiential elements.
In the industrial sector, there is a "tale of two cities" scenario, with oversupply in big box warehousing but high demand for smaller manufacturing spaces.
Retail faces challenges due to supply constraints and high construction costs, making it difficult for tenants to afford the rents.
The office market is poised for a potential bull market, but will require creative destruction and adaptation to changing space needs post-pandemic.
Integrating technology, such as VR, digital signage, and IoT, can enhance the value and attractiveness of commercial properties.