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Softbank-backed storage startup Clutter has acquired the Storage Fox, a self-storage specialist in the New York metro area, for $152M.
The deal is Clutter's first foray into self-storage real estate. Its existing on-demand model allows customers, via a website and app, to schedule pickup and retrieval of stored items in 2M SF of warehouse space that the company controls. The company also offer...
Salt Lake City is leading the nation in flexible office space growth. The Silicon Slope—the name given to the booming tech sector in Salt Lake City—is attracting big name flexible office providers to set up shop in the market. According to a new report from CBRE, the Salt Lake City market added 350,000 square feet of flexible office space in the second quarter, a total market...
This article is part of a new series on Visionaries. The New York Times selected people from all over the world who are pushing the boundaries of their fiel...
Following The We Company’s abortive attempt at an IPO, the parent company of the popular WeWork coworking brand is looking towards its old friends for the cash it ne...
Anyone who has taken an Uber, sent a Slack message or enjoyed a free beer at a WeWork owes a little something to Masayoshi Son.
Through his Japanese conglomerate SoftBank and a $100 billion investment fund, Mr. Son plowed huge sums into these and other companies that aim to change how people work, travel and live. His investments e...
This was supposed to be the year when America’s biggest start-ups would finally make their triumphant debut on the stock market.
Billionaire Silicon Valley investors, sneaker-clad founders and button-down bankers...
The post- Adam Neumann era at WeWork has begun.
In the days since Mr. Neumann stepped down as chief executive, the company’s new leaders have moved to pare its headcount and assets, including advancing plans Thursday to purge nearly 20 friends and family members...
Amazon is rolling out a new line of wearables that work with Alexa today including the Echo Frames eyeglasses and the Echo Loop smart ring. Echo Frames come with no display or camera like you may expect from a pair of glasses meant to augment human activity, but includes directional microphones to talk to you, deliver notifications, and carry out actions like create a reminder, play music, or cont...
SAN FRANCISCO—Not all logistics real estate is created equal. Thus begins a white paper by Prologis on the need to redefine logistics real estate. “With a range of features and locations,” it writes, “properties can have widely different purposes, yet current industry definitions seldom go farther than ‘warehouse/distribution’ and ‘flex’.”
The report defines five property type...