David C. Smith
@dcs_3
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Loves #data telling stories & works w/ #CRE leaders. Lives in hipster neighborhood but does it poorly: not #cool, no #beard, wears #polos. All views are my own.
Atlanta, GA
Joined June 2011
Leading cloud providers have signed 2.1 GW of U.S. #datacenter space this quarter for AI purposes, enough wattage to power 1.6M homes for a year. Jacob Albers provides insight into the considerations for location strategy in this latest edition of C&W: Behind The Numbers #cwbtn
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Uncover the nuances of the latest @uscensusbureau retail sales figures: moderate growth, resilient tenant demand, and a potential shift in Fed policy. A sweetspot for CRE? Find out more with Senior Economist James Bohnaker #cwbtn #retailsales #retail #consumer #spending
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The Christmas discourse I’m ready to restart is extravagant praise for the manifold technical competence of Muppet Christmas Carol.
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The vacancy rate for industrial real estate is still really low, in part because retailers have accumulated excess inventories over the past 6 months: https://t.co/4B2YbV6RnL
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I didn’t realize I grew up in the demilitarized zone of lightning bug / firefly name conventions (Northern NJ). I do recall being familiar with both terms, so I guess that makes sense.
I didn't realize that calling them fireflies was mostly a western U.S. thing. That is what I call them. https://t.co/ZItG89Y7JJ
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Except "many" is not true. Nationally, 50% of vacancy is in 5% of buildings and 80% in 15% respectively. *Most* buildings are just fine. #office #cre #realestate
CBDs across the country are full of office buildings constructed under a late-20th-century philosophy of business culture and space usage. After COVID, many are now struggling to fill vacancies. What comes next? (via @commobserver) https://t.co/gFvyk98EeI
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Some space gets repurposed into other uses. And, lots of office jobs growth creates new demand for workspace over the next decade. (Oh, and flexible office probably grows in demand too.)
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What happens to all that office space? It varies. High quality space continues to be in demand. Used to bring people together, to be productive with colleagues, to build culture and connection.
.@dcs_3 tells @lucasmearian of @Computerworld there is not a "one-size-fits-all" solution for occupiers today: https://t.co/h9jW4lSKGh
#CRE #office #officespace
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Want a FREE tree for your front yard from @TreesAtlanta ? Now is the time to put in your request for those in the City of Atlanta (and several other local cities as well) https://t.co/bIARsfRBys
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Top areas for tech jobs: 1. San Francisco Bay Area: 280,000 jobs 2. New York: 259,000 jobs 3. Washington, DC: 216,000 jobs 4. Seattle: 142,000 jobs Source: @CushWake
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This is making me so happy!! @beckywflyhair & @Bitner_speaks, here’s something to eat up your whole morning.
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I know there is a lot of focus on large retailers' excess inventory (eg, Target, Walmart) but...the ratios are still pretty low economy-wide. Definitely expect them to rise as goods sales slow, but we also don't have a huge wave of stuff headed here from APAC. What am I missing?
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CushWake expert @DCS_3 quoted in story by @LABJnews: #Coworking Sees Uptick in Demand, saying “We saw a pause in demand early in the pandemic...That demand has started to pick up. There has been a heavy movement toward enterprise clients..." > https://t.co/hoWzP4CqVv
#CRE #Office
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Kastle’s 10-city Back to Work Barometer hit 43.1% last week, climbing 1.1 percentage points from the previous week to hit the highest occupancy rate since office closures in March 2020. https://t.co/DRmCPYZNg7
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Predicting the #ReturnToOffice is pretty challenging but we provide a framework of how to think about this globally. #Office #RealEstate #CRE #WFH #FlexibleWorking #HybridWork Amazing job @dcs_3 and the @CushWake Research Team! https://t.co/TJYJq3rMRo
cushmanwakefield.com
The global recovery from the COVID-19 virus has seen a significant setback through 2021 with the emergence of the Delta variant. This has led many businesses to postpone a full return to the office,...
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Partner Content: Challenges and Opportunities in CRE’s Approach to Diversity, Equity and Inclusion
commercialobserver.com
CRE is far behind in diversity than other industries whose programs are more mature due to a prolonged focus. There’s great opportunity to create change and learn from trailblazers to forge our own...
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