Editor’s Desk

Unprecedented change is a phrase becoming increasingly familiar, particularly over the last several years. Whether the reference is technology, workplace, logistics, e-commerce, artificial intelligence, climate, autonomous vehicles or digital currency, there is no shortage of disruption to the status quo. For The Future issue, we spoke with five industry leaders across the commercial real estate spectrum — office, co-working, logistics, retail and industrial — to get their perspective on the future of commercial real estate in their industry over the next 10 years. Across each specialty, common themes emerged like flexibility, user experience, data driven strategies and customer interface as these leaders anticipate the challenges and opportunities of rapidly changing technology and customer preferences.

Technology and the current cost structure for both healthcare and higher ed is driving institutions to become increasingly consumer centric with a focus on cost reduction. In Eds and Meds we hear from John Fry of Drexel University and Steve Klasko of Jefferson Health to learn what changes they anticipate over the next 10 years, and the impact on their institutions, campuses, delivery models and the real estate they occupy.

Our region is rich with smaller cities in tertiary markets. Many have faced challenging times and are re-emerging as a result of economic development, private investment and the growing desire to attract an educated workforce to their urban core. In Small Cities on the Rise we explore the progress and vision for the future of Wilkes-Barre, Wilmington, Scranton and Allentown.

From driverless cars to indoor farming to Amazon’s recent acquisition frenzy, we are facing major changes across all aspects of our personal and business lives. Our experts provide an in-depth look into each of these disruptors. The convergence of innovations that are both singular and at the same time integrally connected are changing the way we communicate, conduct commerce, gather news and information, produce and procure food and get around town.

Finally, no issue of Insight would be complete without the latest Colliers research. Outlook features the North American Big Box Market Report, Economy Matters contains Chief Economist Andrew Nelson’s overview of the U.S. Property Markets and Market Watch provides a snapshot of recent trends and activity across the region.

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 Doug-Signature
DOUGLAS SAYER
President, CEO
Colliers International | Philadelphia
 
JOSEPH FETTERMAN
Executive Vice President
Colliers International | Philadelphia