News Archives | Page 819 of 1011 | CREtech

CRETech March 08, 2019
Jack Resnick & Sons announced that three tenants have signed new leases and expansions totaling approximately 285,000 s/f at One Seaport Plaza/199 Water Street, its trophy 35-story, 1.1 million square-foot downtown property. In the largest transaction, collaborative workspace provider WeWork has signed a new 15-year, 201,231 s/f lease covering five full floors in the tower of the building. ...
CRETech March 08, 2019
Once upon a time, coworking was a novel concept; now, you can't run away from it even if you try. As more and more coworking spaces pop up and struggle to differentiate themselves in a crowded marketplace, a company called Deskpass is capitalizing on the saturation, offering a monthly membership that lets users try out different coworking spaces all across the country.
CRETech March 08, 2019
Millennials are unattached to traditional banks, with only 17 percent of them expressing firm commitment to their current banking provider, according to new survey data from Marqeta. In the research, Millennials (18-34 year olds) were 50 percent less likely than Baby Boomers (50-65 years old) to say that they couldn’t ever imagine wanting to change their banks. According to Marqeta’s surve...
CRETech March 08, 2019
The commercial real estate sector has leapt into the future with both its use and interest in new technology reaching a critical mass, according to a new report. In its annual CRE Innovation Report, tech services provider, Altus Group Limited found  “significant acceleration’ in adoption of property technology as well as a growing trend of CRE firms investing directly in PropTech companies...
CRETech March 08, 2019

SAN FRANCISCO — Airbnb says it plans to acquire HotelTonight, a service for travelers seeking last-minute hotel bookings, in a deal that will expand the lodging-rental company’s portfolio with traditional and boutique hotel listings.

Terms of the deal were not disclosed. The acquisition values HotelTonight in the vicinity of ...

CRETech March 08, 2019
Sales technology is becoming integral to the closing a deal. It can answer a range of questions about the neighborhood, demographics, pricing patterns and investment activity. Sales technologies include communication tools, AI technology and machine learning. Some companies have been slow to adopt these smart technologies, but Roy Dekel, CEO of Set Schedule, an Or...
CRETech March 08, 2019
Seattle startup Vtrus has raised investment for a different kind of drone — one that’s designed to conduct precision inspections of industrial facilities. A SEC filing published today shows a $2.9 million cash infusion for Vtrus. Renato Salas-...
CRETech March 07, 2019
Amazon may have side-stepped New York, but there’s still enough demand for the city to transform into a tech hub. A new study shows that New York, Beijing, Tokyo and London are increasingly being looked at as places for tech innovation, and could surpass demand in Silicon Val...
CRETech March 07, 2019

Grab has become the newest addition to the SoftBank Vision Fund after it announced today that it has pulled in a $1.46 billion investment from the super fund. The Southeast Asian ridesharing company said the new...

CRETech March 07, 2019

For a long time, it was the norm for founders to haul their hardware to the 3000 block of Sand Hill Road, where the venture capitalists of “Silicon Valley” would be awaiting their pitches. Today, many of the investors that touted the exclusivity of “The Valley” have moved north to San Francisco, where they have bette...