Where We Buy: Retail Real Estate with James Cook

AI Doesn't Replace Human Judgment in Retail Real Estate - Where We Buy #375


Listen Later

Paul Sill uses data and predictive analytics to help retailers, restaurants, and other brick-and-mortar businesses make site selection decisions. Paul explains the critical difference between correlation and causation in retail data, explaining that misreading data can lead to costly mistakes. He also discusses how new data sources like social media behavior and mobile foot traffic are shaping modern site selection, why AI still can't replace human judgment in real estate modeling, and the importance of validating instincts with data. Paul, who also teaches at DePaul University, emphasizes that good analytics are about mitigating risk, not providing easy answers.

Paul Sill is Managing Director and Head of the Visionary Insights Group at JLL,

James Cook is the Director of Retail Research in the Americas for JLL.

Subscribe: Apple Podcasts | Spotify Listen: WhereWeBuy.show

Email: [email protected]

YouTube: http://everythingweknow.show/

Read more retail research here: http://www.us.jll.com/retail

Theme music is Run in the Night by The Good Lawdz, under Creative Commons license.

...more
View all episodesView all episodes
Download on the App Store

Where We Buy: Retail Real Estate with James CookBy Where We Buy

  • 4.8
  • 4.8
  • 4.8
  • 4.8
  • 4.8

4.8

70 ratings


More shows like Where We Buy: Retail Real Estate with James Cook

View all
Marketplace by Marketplace

Marketplace

8,801 Listeners

WSJ Opinion: Potomac Watch by Paul Gigot, The Wall Street Journal

WSJ Opinion: Potomac Watch

2,851 Listeners

America‘s Commercial Real Estate Show by Bull Realty

America‘s Commercial Real Estate Show

148 Listeners

WSJ What’s News by The Wall Street Journal

WSJ What’s News

4,420 Listeners

The Knowledge Project by Shane Parrish

The Knowledge Project

2,672 Listeners

Founders by David Senra

Founders

2,221 Listeners

The Daily by The New York Times

The Daily

113,121 Listeners

POWERS by Chris Powers

POWERS

503 Listeners

The Prof G Pod with Scott Galloway by Vox Media Podcast Network

The Prof G Pod with Scott Galloway

5,610 Listeners

All-In with Chamath, Jason, Sacks & Friedberg by All-In Podcast, LLC

All-In with Chamath, Jason, Sacks & Friedberg

10,254 Listeners

Barron's Streetwise by Barron's

Barron's Streetwise

1,573 Listeners

The Weekly Take from CBRE by CBRE

The Weekly Take from CBRE

159 Listeners

The TreppWire Podcast: A Commercial Real Estate Show by The TreppWire Podcast, A CRE Show

The TreppWire Podcast: A Commercial Real Estate Show

219 Listeners

The Walker Webcast by Willy Walker

The Walker Webcast

150 Listeners

The Rent Roll with Jay Parsons by Jay Parsons

The Rent Roll with Jay Parsons

43 Listeners