CRETech
January 09, 2019
A multifamily developer is raising a project with energy-efficiency in mind and bringing in 21st century technology.
Tru Development Co. is constructing the 210-unit Kaktus Life I apartment project at 10650 Dean Martin Drive in the Southern Highlands area with such attributes as low-flow showers, high-efficiency HVAC units, additional insulation and a solar array that is pegged to handle 5 perc...
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A multifamily developer is raising a project with energy-efficiency in mind and bringing in 21st century technology.
Tru Development Co. is constructing the 210-unit Kaktus Life I apartment project at 10650 Dean Martin Drive in the Southern Highlands area with such attributes as low-flow showers, high-efficiency HVAC units, additional insulation and a solar array that is pegged to handle 5 perc...
EAST BUTLER, PA—Rockwood Equity Partners says its portfolio company, Ibis Tekhas acquired East Butler, PA-based Standard Bent Glass, a supplier of custom fabricated glass products, including transparent armor.
Shapell Liberty Investment Properties is raising the bar on sustainable design for retail shopping centers. Its latest project—The Vineyards, a mixed-use shopping and entertainment center development in Porter Ranch—will feature solar panels, storm water capture systems and car charging stations, among a long list of the latest sustainable features and systems. The shopping center is scheduled...
As ever more sophisticated household appliances come onto the market and consumers become ever more reliant on technology for a helping hand in everyday life, homes are getting smarter.
In many cases it’s still homeowners adding features themselves but developers are watching the market closely.
In coming years, the offer of a fridge that knows when you’re out of milk or an automated cat...
Kroger Co. and Microsoft Corp. are joining forces to bring the ease of online shopping to brick-and-mortar grocery stores.
Kroger, America’s biggest supermarket chain, has remodeled two stores to test out the new features, which include “digital shelves” that can show ads and change prices on the fly along with a network of sensors that keep track of products and help speed shoppers thro...
Hotels have already turned their lobbies into spaces where guests can socialize or work. Now, some properties are going one step further to cater to business travelers and professionals in general: They’ve set up WeWork-style co-working areas.
Traditional hotel business centers these aren’t. Yes, they offer practical amenities like office supplies, printers and, of course, coffee. But they ...
Won’t be around to accept a package? If the order’s from Amazon, you needn’t worry. Months after it began making deliveries to the trunks of select GM and Cadillac vehicles in 37 cities via Key In-Car, the Seattle company is introducing new ways for mail carriers to leave packages at homes and apartments securely.
SoftBank is increasing its ownership stake in WeWork yet again, investing a further $2 billion in the fast-growing co-working company, according to three people familiar with the deal.
But the deal, which is likely to be announced this week, is far smaller than an investment that was recently under consideration and could have been worth some $16 billion, the people said. They spoke on the cond...
When commercial real estate data company Reis began looking for buyers this spring, CoStar Group was among the first to show interest. But there was an issue: with a market cap of nearly $14 billion at the time, CoStar was already the industry’s biggest player by a distance. An acquisition by the CRE tech giant could set off alarm bells with antitrust regulators.
Data centers, the immense warehouses that hold, process and distribute seemingly endless amounts of data, are also an unassuming commercial real estate powerhouse. Hyperscale data centers built by tech giants such as Apple or Google are projected to grow 53% by the year 2021, in comparison to the number of existing data centers in Q4 2016.
A solid history of economic performance—even during s...