- June 1, 2015: Vol. 2, Number 6

To read this full article you need to be subscribed to Real Assets Adviser

Welcome to the Machine: As technology unfurls, real estate markets alter course

by Steve Bergsman

If one looks at the history of technology and investment in real estate, it would unfold in a structure not much different than that of a classic, three-act play. The drama of the story, if not the tragedy, is introduced in Act One; the response to the onset of the drama unfolds in Act Two; and we behold the bright and sunny future in Act Three.

Translating all that into purely real estate terms, Act One was all about retail, which for the most part is our recent past; Act Two is about logistics, or redefining the structural problems created by the change in retail, a current mode; and Act Three is about office space and the changing nature of the workplace, or the near future.


Not even Shakespeare could write a more dramatic opening act. Internet advances and correspondingly new technology sweep across the global retail scene. Digitalized and media retail is the first to suffer as record/CD, movie/DVD and bookstores all began

Glossary, videos, podcasts, research in the Resource Center

Forgot your username or password?

Close your account?

Your account will be closed and all data will be permanently deleted and cannot be recovered. Are you sure?

We respect your privacy! Please give consent for processing data as described in our Privacy Policy