Drone technology was once exclusively used by the military but has entered the consumer market and grown quickly in popularity. Utilizing drone technology for film and photography purposes has added a new tool to many industries, including real estate, and has also created something new for hobbyists. With film and photography applications helping to create the rise in popularity, it was only a matter of time before other industries started to take note. Amazon has teased drone delivery for the future, but China... read more

The New Century Global Centre or otherwise known as the world’s largest building recently opened in Chengdu, China.  This mega-multi-use facility houses over 18.9 million square feet and features such amenities such as offices, hotels, IMAX theatre, skating rink, indoor beach plus numerous others.  This is truly a marvel for the ages and clearly shows the need for cities to continually up the ante on each other. The previous record hold for world’s largest building was the Dubai International ... read more

The last couple of years have seen growing participation in the U.S. commercial market by international investors. This can be attributed in part to the relative strength of the U.S economy, and the transparency of transactions here. Foreign investors, including sovereign funds, which have large amounts of capital to park in a safe place, are attracted by low interest rates and favorable spreads. Capital preservation and higher yields are the main draw for international buyers to the U.S. market. Twenty percent ... read more

The Coldwell Banker Commercial® organization’s parent company Realogy Holdings Corp has recently moved its headquarters from Parsippany, NJ to nearby Madison, NJ.  Realogy has roughly 1,000 employees from several different brands including: Better Homes and Gardens® Real Estate, CENTURY 21®, Coldwell Banker®, Coldwell Banker Commercial®, The Corcoran Group®, ERA®, Sotheby’s International Realty® and NRT LLC.  Although I wasn’t directly involved with the... read more

The smell of warm baked cookies may help you sell your house, but not your commercial property. If you’ve ever sold a house before, you know the importance of preparing the house in the form of staging. Staging can take the focus off of negative aspects.  The same principals used in staging a residential property can also be applied to commercial properties; they just have to be thought of in a different manner. I know what you’re thinking, I’m not selling a house, and I don’t nee... read more