Six Benefits of a Smart Building

1. A single point of visibility and control across your entire real estate portfolio.
2. A reduced need for human intervention through IoT automation.
3. The ability to scale incrementally with ease.
4. Efficiencies gained by permission-based business rules.
5. Proactive building management based on real-time information
6. Lower energy cost, extended asset life, and reduced operating and maintenance expense.

 

Pop ups

Retail real estate can be a challenge if one doesn’t understand the concept of the ever so changing demands and needs of its consumer. Studies show that some of the strongest retailers are implementing physical, Mobil & social platforms. To target younger generations, one must be omnichannel when marketing their business. Another strategy being pursued by successful physical retailers are pop up shops. This allows a brand the ability to branch out into different cities or even states to test out what location works best for the company. Online retail stores mainly adapt to this idea because they understand the importance of brick and mortar store fronts in order to grow their business. This is a great way for a company to find the location that fits the brand best.

 

Gen Z for Retail Businesses

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Unlike Millennial’s, Generation Z is showing billions of dollars in interest for restaurants and retailers. By 2020 Generation Z will have more than $143 billion in spending according to, Foursquare and Media Agency Carat. This is crucial for many retailers to understand the next leading Generation and the influences that they are bringing to many businesses. According to the study in Foursquare, Gen Z is 111% more likely to enjoy an In-N-Out Burger & Shake Shack than the average consumer. If that isn’t great news for the fast food industry retailers are also going to experience an increase in Gen Z’s shopping habits. Generation Z is 38% more likely to visit outlet malls and 23% more likely to visit shopping malls than the average U.S. consumer. Don’t miss out on this investment and check out some real estate opportunities today at Keystone Real Estate.