Thursday, July 1, 2010

June 24th, 2010 Class 3-->Retail Markets,Technology, Social Networking,Software Trends and Issues

We initiated our discussion on the topic of Commercial Retail Markets. Today we are seeing more and more restaurants & bars opening due to the fact that traditional retail shops are dwindling due to various reasons such as the popularity and development of high density malls,lifestyle centers, and the internet. From a Landlord’s perspective, it is a larger cash outflow for TI in restaurants, along with the increased risk that comes with high restaurant/bar industry turnover rates.

Internet Marketing 2010 Trends

Data warehousing facilities are creating a wave of demand for high tech space from companies that need secure locations for servers with the vital information that runs all facets of our country. A prime example of the shift by local governments can be presented here recently with Dallas experiencing a horrendous basement flood that wiped a lot of information out at the Record's Building. Just a few months ago the building's water mane broke, essentially disabling all county computers for 3 days. For as computer and information intensive local, state, and the federal governments are, one would imagine that the servers that hold the power to operate them would be housed in the Langely-monitored warehouses. Nonetheless, it seems that incidents like this one are the ones that will drive more demand for high-tech rental space for data warehousing.

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