September 20, 2017

GPS for Buildings: Wayfinding Technology is Making its Way Indoors…AND MORE

GPS For Buildings: Wayfinding Technology Is Making Its Way Indoors, By Lara O’Keefe, Bisnow

“New technology is making it easier to navigate large buildings and interior pathways. Companies are now implementing mobile wayfinding apps or on-location touch screens to help people find their destination inside and around buildings faster and more efficiently…”

 

Nordstrom Is Ditching the Traditional Shopping Concept, By Lara O’Keefe, Bisnow

Nordstrom is focusing on personalizing the shopping experience, but not with inventory. The luxury department store chain will be opening a concept store called Nordstrom Local in Los Angeles next month, and customers should not expect to do any traditional shopping there…”

 

Renter Demographics, Trends Point to Continued Demand in Urban Centers, By Steve Fifield, Multifamily Executive

 “Urban populations, including downsizing boomers, are growing as renters are drawn to metropolitan amenities and attractions.”

 

Assessing the Damage from Hurricane Season, By Patricia Kirk, National Real Estate Investor

Rebuilding after this season’s massive hurricanes will likely cause building costs to skyrocket nationwide due to increased demand for building materials and skilled labor.”

 

Amazon’s Grocery Threat Could Be a Real Estate Opportunity, By Katherine Chiglinsky, Bloomberg

“Patient real estate investors stand to gain from the fears of disruption such as the one that rattled the grocery industry after Amazon.com Inc.’s takeover of Whole Foods, according to MetLife Inc.”

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