News Archives | Page 833 of 1021 | CREtech

2018 Year in Review

CRETech March 01, 2019

Commercial property professionals are guardians of an ever-changing built environment. But even heroes cannot stand alone. BOMA serves as a guardian of the industry, helping property professionals do their important work in the midst of emerging technology and changing tenant demands. From connecting people to advocating on Capitol Hill to creating timely new resources, BOMA is the ultima...

WeWork Aims for the Middle With Expanded ‘HQ’ Service

CRETech March 01, 2019

NEW YORK — WeWork is expanding an effort to retain mid-sized businesses which had been leaving the shared office space manager after they grew past the small-company phase, and to catch up with rivals already catering to these clients.

HQ by WeWork, launched in San Francisco and New York in August to provide enhanced services f...

EQ Office’s Lisa Picard on the Effective Workforce

CRETech March 01, 2019

Lisa Picard is the president & CEO of EQ Office, the owner of 80 office properties totaling 40 million square feet. She joined the firm, which is wholly-owned by Blackstone’s real estate funds, in 2016 as its COO and was named to her current role in 2017. Prior to EQ Office, Picard was with Skanska USA Commercial Development, where she worked on the company’s strategic development, inves...

What’s Next in Coworking?

CRETech March 01, 2019

The meteoric rise of tech startups and Corporate America’s looser attachment to the traditional office environment has led to an explosion in coworking and flexible workspaces. What began as a novel idea in San Francisco in 2005 has become a real estate business that is ra...

Build versus buy? Compass acquires CRM firm Contactually

CRETech March 01, 2019

As it looks to burnish its tech offerings, Compass said it had acquired Contactually, a cloud-based customer relationship management system popular with some of the brokerage industry’s biggest brands. Terms of the deal, announced Wednesday, were not disclosed. But the Washington, D.C.-based software firm, which launched in 2011, previously raised $12 million from investors including Grotech ...

After Durst’s rejection at One WTC, WeWork signs big lease in FiDi

CRETech March 01, 2019

After losing out on a prime space at One World Trade Center last year, WeWork has finally inked a massive lease deal in the Financial District. The flexible office space giant said Wednesday it would occupy about 200,000 square feet at Jack Resnick & Sons’

After the Amenities Arms Race Blows Up

CRETech March 01, 2019

It’s not an office, it’s an experience. At least that’s what you’re told as you open an app to see what’s on the menu at the avocado-themed restaurant in the lobby. Your new office has everything you could want: game rooms with bowling and virtual golf, gyms full of Peloton bikes and Precor ellipticals, regular yoga and arts classes, and even an organic ice cream bar and cotton candy mac...

Skyline AI Co-Founder and CEO Guy Zipori Wins Rising Star Award at Commercial Real Estate 20 Awards 2019

CRETech February 28, 2019

Zipori wins leading industry award honoring individuals with outstanding achievements in the commercial real estate industry

[New York, February 27th, 2019] –Guy Zipori, CEO and Co-Founder ofSkyline AI, an artificial intelligence asset manager for commercial real estate, won the Rising Star Award a...

After surpassing revenue target in 2018, CoStar reveals ambitious goal for 2023

CRETech February 28, 2019

Real estate data giant CoStar Group exceeded $1 billion in revenue in 2018. And by the end of 2023, it hopes to roughly triple that figure to $3 billion. Though tumult in the stock market contributed to a dip in CoStar’s market value, the company finished 2018 with a strong balance sheet, it disclosed in an earnings report on Tuesday. On the company’s subsequent earnings call, chief executi...

What will the office of the future look like?

CRETech February 28, 2019

As more research is undertaken into the future of the workplace, what we consider to be innovative office design will continue to change. 30 years ago, open-plan office spaces with breakout zones and games rooms were practically unheard of, nowadays they’re becoming the norm. As the younger generations join the workforce, companies are changing the way they design ...