News Archives | Page 438 of 1020 | CREtech
Struggling shopping malls are finding an unexpected boost from bargain-hunting retail operators. Such was the case in Stamford, Conn., where the Stamford Town Center mall lost popular tenants like H&M, Apple Inc. and Talbots to a competing shopping center that opened last year only 8 mile...
Coming from a background in private equity and technology, Cherre CEO and co-founder L.D. Salmanson's adjustment to commercial real estate's slow pace hasn't been easy. “Real estate, for the most part, is not a fast-moving industry, and it forces you to be more patient and supportive of long-term initiatives,” Salmanson said.
Salesforce has approached Slack about a deal, DealBook hears, confirming a report in The Wall Street Journal. A takeover could be announced as soon as this week. The potential deal is a bet on remote wo...
The modern business owner faces security risks at every turn. As technology continues to advance, threats can come from just about anywhere, and the importance of physical security has never been greater. While many companies focus their prevention efforts on cybersecurity and hacking, physical threats shoul...
The core benefits of co-living took a big hit when the coronavirus struck New York City. Instagram-friendly common rooms and co-working spaces sat empty last spring as residents complied with strict lockdown orders. Postage-stamp bedrooms became constant quarters. Tenants who had become accustomed to regular cleaning services suddenly had to disinfect on their own....
Norfolk, Virginia, a city and naval base perched on the southern entrance of the Chesapeake Bay, knows the vagaries of tides and sea level rise. Increasingly severe flooding due to climate change has led the city to plan ahead for the slow-motion i...
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CBRE Acquisition Holdings, a blank-check company formed by CBRE Group, has lowered the target deal size for its upcoming initial public offering to $350 million, according to a filing with the Security and Exchange Commission. CBRE, the world’s largest real estate services firm, initially set the valuation goal for its special purpose acquisition company (SPAC) at $400 million.
Flexe is raising more capital ahead of schedule as the pandemic-driven e-commerce boom spurs faster-than-expected growth for its warehousing technology platform. The Seattle startup announced a $70 million Series C round led by new investor T. Rowe Price, with participation from existing backers Activate Capital, Tiger Global, Madrona Venture Group, Redpoint Ventures, Prologis Ventures, and others...
The so-called “foundational layer” for smart cities projects globally is forecast to reach a total investment of $28.1bn over the next decade, new research finds. The Global Smart Street Lighting & Smart Cities: Market Forecast (2020-2029) study published by Northeast Group shows the market for LED and smart streetlighting, as well as additional smart city sensors attached to streetlight i...