Armed with algorithms, robotic warehouses and cashierless stores, Amazon.com Inc. is commonly seen as an existential threat to traditional grocers. In recent weeks alone, Amazon confirmed plans for a mainstream supermarket to complement its pricey Whole Foods Market chain, and the company plans to bring i...
News Archives | Page 649 of 1011 | CREtech
The real estate landscape is continuing to evolve at a rapid pace, and while global economic volatility is raising a degree of uncertainty on the nearer term global and U.S. economies, 2020 seems primed to be yet another good year for the industry. Overall, the economic outlook for the U.S. CRE market is moderately positive for the year ahead. According to our 2020 Commercial Real Estate Outlook, ...
If you count the world’s oldest surviving buildings — starting with 7,000-year-old tombs in France — the real estate industry is literally Neolithic. But as technology democratizes the modern-day mysticism around computing and big data, industry leaders are taking a more aggressive approach to propel the business out of the Stone Age. That was the takeaway at Commercial Observer’s first-e...
Unpredictability is the biggest challenge to utilizing technology in commercial real estate investment. Investing often has moving parts and changes along the way, and at times, technology relies on predictability and logical forecasting. However, tech investment companies are making strides to make technology compatible with the flexibility needs of investing. “Without a doubt, the dynamics o...
Whenever I tell people I'm starting a company with a physical space component, I get some variation of, "Wow, isn’t that going to be tough post-WeWork...?" Yes. Launching a real estate startup after WeWork, the industry’s poster child, blew up is going to be tough. Capital is more expensive and less readily available. Leases are harder to obtain. People are bearish on the space an...
As a tenant experience program, A&B offers an on-site concierge for office tenants, common spaces to promote tenant interaction, and in most cases CBRE Host, a mobile app that gives tenants direct access to building amenities and services. The rollout of A&B is part of a larger nascent movement to incorporate elements of hospitality design into office spaces. The goal, particularly via su...
As Abby Murray sees it, commercial real estate has traditionally been a few strides behind its residential counterpart when it comes to embracing technology. She hopes to close that gap with help from her new business. Murray is the co-founder of Mortarr, an Albert Lea-based online networking platform for commercial real estate professionals. The idea is to connect developers with architects, bui...
CRG, a national real estate development and investment firm, announced today the hiring of Geoffrey Kasselman, SIOR, LEED AP, as Partner and Senior Vice President, Workplace Strategy. Kasselman will oversee national accounts and lead all client-related initiatives for the company’s expanding industrial, office and data center project delivery platform. Kasselman will also provide customers with ...
It’s become the norm for some private tech companies to raise in a single round what VC firms raise for an entire new fund. For a certain class of large, rapidly-growing companies flying in the rarified air of startup finance, raising $100 million or more in a venture round is, if you’ll forgive the pun, just not that big of a deal anymore. Supergiant venture capital rounds are on the rise ac...
Interest from venture capital (VC) in the proptech sector has been going strong and there’s no sign that this will change, KBW analysts have found. In fact, in a recent report issued by KBW, analysts stated that VC investment totaled $4.2 billion in 3Q (averaging multiple sources), with a 42 percent year-over-year increase, while year-to-date funding totals $13.8 billion. KBW analysts estimate ...