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Aerial Fulfillment Centers by Amazon could be the next big thing in logistics. The ecommerce giant recently received a patent for a floating warehouse design. Drones would take off and resupply at the aerial fulfillment centers to decrease time returning to ground locations. The aerial centers themselves would be supported by helium or heated air […]
Where do we fit in? Mayor Nirenberg and the City Council always make a point that “San Antonio is the Seventh Largest City in the U.S.” Well, sort of. At a population of approximately 1.5-million this puts us in line behind New York, Los Angeles, Chicago, Houston, Phoenix, and Philadelphia and just ahead of San […]
Housing costs and lack of space continues to drive developers to think outside the box. In fact, developers aren’t thinking of boxes at all, they’re thinking of round cylindrical 100 square foot micro apartments as a small solution to the ever increasing need for space. Hong Kong-based James Law Cybertecture unveiled their designs for OPods, […]
Several factors drive consumer adoption according to Toluna, a consumer insight company. Commonplace services such as same-day delivery, ride sharing apps and on demand entertainment are at the forefront of Toluna’s study on consumer adoption. According to the study 71% of consumers have used fast shipping retailers like Amazon and Walmart. Netflix and Hulu were […]
Datacenters are basically warehouses for “1’s” and “0’s, the cyphers that make up the entire world of data, and generated by either an “on” or “off” switch of electricity. It’s all that simple and that complex. It’s called binary code for you non-nerds in the audience. Now the interesting thing about 1s and 0s is […]
The Alamo City hasn’t experienced the significant headaches that Austin or Houston has seen in recent years. San Antonio saw a net growth of 24,000 people last year. Many of them are millennials hoping to escape higher costs of living or looking to start their next career in biomedical, tech, or military. Most cities experience […]
Asking rents ended the first quarter of 2018 at $22.01- an all-time high. With a population growth of 2.0% last year, San Antonio’s economy continues to grow. Most recently, job growth increased at a 2.9% annualized rate over the three months through February, with the greatest job growth seen in manufacturing, mining and construction. Total […]
When I first entered the commercial real estate business there were many metrics I needed to learn; for example, how many square feet are in an acre (43,560). One of the metrics I learned is that the average space used by an office worker was about 250 square feet. This takes into account not only […]
The Texas hospitality sector can expect continued growth this year. Approximately 200 hotels are under construction in the Lone Star State along with another 276 expected to break ground this year. Hurricane Harvey’s displacement of residents and raising Revenue Per Available Room (RevPAR) has the San Antonio hospitality sector taking off. Occupancy rates are expected […]
The housing industry has “sort of recovered,” in the words of Jim Gaines, Chief Economist of The Real Estate Center, continuing that a full decade after the start of the Great Recession, home building still isn’t all the way back. “Theoretically, housing is around 75 to 85 percent of where it should be,” he said. […]
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