Machines Revolutionize Commercial Real Estate, Record Sale in Fort Myers

The future of commercial real estate valuation could be shaped by machines. Discover how automated valuation models (AVMs) are revolutionizing the industry. Plus, a Fort Myers office park sells for a record-breaking $92 million, making it the largest industrial sale in the region's history.

Sources:
https://propmodo.com/the-future-of-commercial-real-estate-valuation-could-be-shaped-by-machines/
https://www.businessobserverfl.com/news/2024/mar/15/92-million-for-fort-myers-office-park/
https://www.commercialcafe.com/blog/the-siegel-group-buys-downtown-las-vegas-retail-space-fremont-street/
https://qz.com/china-retail-industrial-data-economy-real-estate-1851343586

Outline:
(00:00:00) Introduction
(00:00:40) The Future of Commercial Real Estate Valuation Could Be Shaped by Machines
(00:04:07) Fort Myers office park sells for record 'shattering' $92 million
(00:06:52) The Siegel Group Acquires Historic Downtown Las Vegas Retail Property
(00:09:06) China’s new retail and industrial data beat expectations — but signs still point to trouble ahead