What are some of the factors that are reshaping the supply and demand dynamics in commercial real estate?

Demographic changes will continue to have a dramatic impact on both the make-up of the available workforce and the needs of space users. The two most significant challenges will be anticipating the implications of an aging baby boomer population which may make traditional viewpoints of supply and demand dynamics for certain property types obsolete and the implications of the surge in immigration, particularly among Hispanic and Asian populations. Equally important, strategists and investors will need to respond to the challenge of continued institutionalization and globalization of real estate. This has implications for how capital is formed, accessed and deployed, how customers are serviced, and how entities must be organized as well. ... more