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TOMORROW'S VISION FOR CRE REALIZED · Mobile phones took 12 years to reach 50 million users....

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Robert G. Thornburgh, SIOR, CCIM 2019 SIOR Global President SOCIETY OF INDUSTRIAL AND OFFICE REALTORS TOMORROW'S VISION FOR CRE REALIZED ® ®
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Page 1: TOMORROW'S VISION FOR CRE REALIZED · Mobile phones took 12 years to reach 50 million users. Pokémon GO reached 50 million users in just ... today targeting commercial real estate.”

Robert G. Thornburgh, SIOR, CCIM2019 SIOR Global President

SOCIETY OF INDUSTRIAL AND OFFICE REALTORS

TOMORROW'S VISION FOR CRE REALIZED

®

®

Page 2: TOMORROW'S VISION FOR CRE REALIZED · Mobile phones took 12 years to reach 50 million users. Pokémon GO reached 50 million users in just ... today targeting commercial real estate.”

CONSIDERING THE RATE OF CHANGEAROUND US…

Page 3: TOMORROW'S VISION FOR CRE REALIZED · Mobile phones took 12 years to reach 50 million users. Pokémon GO reached 50 million users in just ... today targeting commercial real estate.”

“Half of all jobs we know today will be eliminated by technology by 2025.”

– WORLD ECONOMIC FORUM

Page 4: TOMORROW'S VISION FOR CRE REALIZED · Mobile phones took 12 years to reach 50 million users. Pokémon GO reached 50 million users in just ... today targeting commercial real estate.”

• Media was disrupted by Facebook. • Retail was disrupted by Amazon. • Hotels were disrupted by AirBnB. • Auto was disrupted by Uber.

DISRUPTION, DISRUPTION, DISRUPTION…

Page 5: TOMORROW'S VISION FOR CRE REALIZED · Mobile phones took 12 years to reach 50 million users. Pokémon GO reached 50 million users in just ... today targeting commercial real estate.”

It took 75 years for landline phone usage to reach 50 million users.

Mobile phones took 12 years to reach 50 million users.

Pokémon GO reached 50 million users in just 19 days.

Page 6: TOMORROW'S VISION FOR CRE REALIZED · Mobile phones took 12 years to reach 50 million users. Pokémon GO reached 50 million users in just ... today targeting commercial real estate.”

TECH IN REAL ESTATE

Much closer than you think…

Page 7: TOMORROW'S VISION FOR CRE REALIZED · Mobile phones took 12 years to reach 50 million users. Pokémon GO reached 50 million users in just ... today targeting commercial real estate.”

“There are over 3,000 tech start-up companies today targeting commercial real estate.”

– MICHAEL BECKERMAN CEO CRE Tech

Page 8: TOMORROW'S VISION FOR CRE REALIZED · Mobile phones took 12 years to reach 50 million users. Pokémon GO reached 50 million users in just ... today targeting commercial real estate.”

Artificial Intelligence

Augmented Reality

Blockchain

Virtual Reality

Big DataIoT

3D Printing

Page 9: TOMORROW'S VISION FOR CRE REALIZED · Mobile phones took 12 years to reach 50 million users. Pokémon GO reached 50 million users in just ... today targeting commercial real estate.”

“By 2022, your personal device will know more about your emotional state than your own family.”

– ANNETTE ZIMMERMANN VP of Reasearch at Gartner

Page 10: TOMORROW'S VISION FOR CRE REALIZED · Mobile phones took 12 years to reach 50 million users. Pokémon GO reached 50 million users in just ... today targeting commercial real estate.”

BE AN EARLY ADOPTER

Page 11: TOMORROW'S VISION FOR CRE REALIZED · Mobile phones took 12 years to reach 50 million users. Pokémon GO reached 50 million users in just ... today targeting commercial real estate.”

“We live in a society exquisitely dependent on science and technology, in which hardly anyone knows anything about science and technology.”

– CARL SAGAN

Page 12: TOMORROW'S VISION FOR CRE REALIZED · Mobile phones took 12 years to reach 50 million users. Pokémon GO reached 50 million users in just ... today targeting commercial real estate.”

“The world is changing very fast. Big will not beat small anymore. It will be the fast beating the slow.”

– RUPERT MURDOCH

Page 13: TOMORROW'S VISION FOR CRE REALIZED · Mobile phones took 12 years to reach 50 million users. Pokémon GO reached 50 million users in just ... today targeting commercial real estate.”

“You’ve got to start with the customer experience and work back toward the technology.”

– STEVE JOBS

Page 14: TOMORROW'S VISION FOR CRE REALIZED · Mobile phones took 12 years to reach 50 million users. Pokémon GO reached 50 million users in just ... today targeting commercial real estate.”

LOOKING AHEAD & BEING A VOICE TO CHANGE

Page 15: TOMORROW'S VISION FOR CRE REALIZED · Mobile phones took 12 years to reach 50 million users. Pokémon GO reached 50 million users in just ... today targeting commercial real estate.”

“As I wrote starting 20 years ago, technology is a double-edged sword…fire kept us warm and cooked our food, but also burnt down our houses. Every technology had its promise and peril.”

– RAY KURZWEIL Inventor & Futurist

Page 16: TOMORROW'S VISION FOR CRE REALIZED · Mobile phones took 12 years to reach 50 million users. Pokémon GO reached 50 million users in just ... today targeting commercial real estate.”

Robert G. Thornburgh, SIOR, CCIM2019 SIOR Global President

SOCIETY OF INDUSTRIAL AND OFFICE REALTORS

THANK YOU!

®

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