on As many retailers continue to face reduced sales and store closures due to Amazon and other e-commerce alternatives, several of the big box names are pushing back with a combined tactic of partnering with Google, closing down and converting underperforming stores into distribution fulfillment centers, and focusing on growing stores near… Continue Reading The Future of the Big-Box Industry with E-Commerce
on Cornell’s Baker Program in Real Estate was honored to have Martin Stern of CBRE as a featured guest in its Distinguished Speaker Series on November 9, 2017. A Cornell alumnus (ENG ’68), Martin Stern serves as the Senior Managing Director of CBRE Chicago’s the Real Estate Advisory Services Group as he utilizes his background in… Continue Reading DSS Wrap Up: Martin Stern, CBRE Senior Managing Director
on The second in a series of articles on how changes in port infrastructure and development can impact industrial real estate. To read the previous article in this series, Government Officials’ Shortsighted Port Investment Hampers Industrial Market, please click here. In the age of globalization, the potential impact that rural river ports and intermodal connectivity have… Continue Reading Rural River Ports Must Adapt To Stay Competitive
on Industrial real estate in the U.S. is booming. Fueled by e-commerce companies such as Amazon, the industrial real estate sector is experiencing one of the longest and strongest expansions on record. According to a report by Cushman & Wakefield (C&W), the industrial sector just reached its 28th consecutive quarter of gain in net occupancy with… Continue Reading Government Officials’ Shortsighted Port Investment Hampers Industrial Market
on The 35th Annual Cornell Real Estate Conference is pleased to feature Richard Baker (SHA ’88), Executive Chairman of Hudson’s Bay, and Laura Pomerantz, Vice Chairman and Head of Strategic Accounts of Cushman & Wakefield, as part of the How and Where We Shop Discussion. This discussion will examine where the current shift from brick and… Continue Reading Richard Baker, Hudson’s Bay Executive Chairman, and Laura Pomerantz, Cushman & Wakefield Vice Chairman and Head of Strategic Accounts: Cornell Real Estate Conference How and Where We Shop Discussion Speakers
on The dying American Mall has become an all too familiar theme in retail real estate for the past decade. Department store closures and abandoned suburban malls have become synonymous with Class B shopping centers. Out of the approximate 1,200 indoor malls in America, about 400 (or one third) are dying or already dead. What is… Continue Reading Creative Opportunities in America’s Dying Malls
on As fall descends on Cornell’s campus, students in the Baker Program in Real Estate are preparing for the 35th Annual Cornell Real Estate Conference in New York City on October 13th, 2017. This year’s conference theme is Real Estate Mega Trends, and we are honored to present the 2017 Real Estate Industry Leader Award to… Continue Reading Jonathan F.P. Rose: Cornell’s 2017 Real Estate Industry Leader Award Recipient
on By Peter Romano, When most people hear the words, “summer internship,” their skin crawls. It is a requirement, a box that needs to be checked off for graduation, a brooding checkpoint that hovers over their head waiting to burst the pristine college-life-bubble. With this sentiment, I’m no different than the majority; I thought my background… Continue Reading 2017 Summer Internships: Peter Romano, Presidium Group
on By Rawinthira Narksusook Spending one full year in the United States gave me exposure to many aspects of life and introduced me to new highs of international real estate. This exposure reaffirmed to me that real estate professionals are expected to contribute more than a single-disciplinary proficiency. I knew that my expertise in architectural design… Continue Reading 2017 Summer Internships: Rawinthira Narksusook, Real Estate Development in “The Land of Smiles”
on After an exciting internship last summer doing development work for Walmart, I approached the summer of 2017 with high hopes. I knew that I wanted to work in multifamily development, as that has always been my post-graduation game plan. I also knew that I wanted to work in an exciting and vibrant market that was… Continue Reading 2017 Summer Internships: Matt Farrell, Greystar Construction and Development