The traditional mantra of the commercial PROPERTY INDUSTRY HAS ALWAYS
BEEN LOCATION, location, and location. In 2020, things will
change…and for the better. As the INDUSTRY EVOLVES AT A RAPID PACE,
real estate companies are likely to embrace location, analytics, and
experience as three powerful tools to serve PROPERTY BUYERS BETTER AND
PROVIDE IMPROVED TENANT EXPERIENCE. When you buy property in Dallas
[https://tag-industrial.com/], it is important to keep the following
TRENDS IN MIND TO MINIMIZE RISKS, improve efficiency, and drive
growth. 1. KEEPING PACE WITH CHANGING BUYER/TENANT EXPERIENCE: Dallas
commercial real estate sector is witnessing fast-changing buyer/tenant
experience due to rapid globalization and industrialization. The
modern workforce is more informed and technologically-advanced, which
is shaping their future demands. Flexible workspaces and locations
have overtaken traditional office spaces. To get a winning advantage,
successful real estate companies will focus more on catering to
changing demands of commercial property buyers and tenants.
Take for instance, the Covid-19 pandemic. The global outbreak has
forced companies to adopt a work-from-home business model, and the
demand for commercial spaces is likely to hit in the coming few
months. Amid this crisis, it is important for real estate companies to
be nimble enough to react and adapt to how client requirements are
changing.
The real estate company’s ability to adapt to your changing needs is
an important factor you should consider when you buy property in
Dallas. During the coronavirus pandemic, are they providing no-contact
property services or the option to close a deal digitally,
irrespective of whichever buying/leasing stage you are in?
2. COMMERCIAL PROPERTY BUYING DECISIONS WILL BE DRIVEN BY DATA
2020 will be the era of Big Data, which will make the site selection
process harder. Companies are constantly looking for cutting-edge site
selection analytics that will help them make property buying/leasing
decisions. Adapting to this modern trend, many real estate companies
are now leveraging the power of Artificial Intelligence & Data
Analytics to help buyers better evaluate in real-time their commercial
property list in Dallas.
3. CHANGING OFFICE TRENDS
The demand for collaborative office spaces will see a surge in 2020,
predict experts. Gyms, conference rooms, grab-and-go delis, and common
rooms are bare minimum for office spaces today. Retail spaces or
restaurants on the first floor or in close proximity, with an outdoor
space, are added requirements. Make sure the real estate company you
choose can keep up with the changing office trends and offer the best
deals.
These commercial real estate trends of 2020 will help you make an
informed decision to buy property in Dallas.
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18/04/2020 Last update