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Tech Updates Posted: October 31, 2017 by the CREXi Marketing & Product Teams Here at CREXi we are passionate about continuously developing meaningful product features that help CRE professionals save time & resources while accelerating their business results. Our latest tech update is filled with a host of new features and improvements, from enhanced deal marketing to more timely notific...
The women-only coworking space and social club The Wing opened its doors in the Flatiron District one year ago this month. The club’s location on the neighborhood’s historic Ladies’ Mile was a happy accident. “It was very difficult to get a landlord to rent to us because we were two women under 30,” says The Wing’s co-founder, Audrey Gelman. “We found a great landlord who had a daugh...
SAN FRANCISCO, CA – October 31, 2017 – Holliday Fenoglio Fowler, L.P. (HFF) announces the $27M sale of 555 De Haro, a 50,021-square-foot flex office building in San Francisco, California in an off-market transaction to Bridgeton Holdings. The HFF team represented the seller, The Swig Company, and procured the buyer, Bridgeton Holdings. Additionally, HFF secured financing on behalf of the buye...
Vornado Realty Trust’s redevelopment of the James A. Farley Post Office Building into the new Moynihan Train Hall is “front and center” in New York City’s bid to house Amazon’s new HQ2 headquarters, Vornado said on its third-quarter earnings call today. Vornado, which is redeveloping the former post office building with partners Related Companies and Skanska, cited the project’s 730,00...
Keys to a Successful Portfolio By Yardi Blog Staff on Oct 31, 2017 in News As modern landlords strive to drive footfall and revenues in their shopping centers, they are using sophisticated new tools and techniques. Astute use of data can lead to better-informed decisions – but how is the impact of this new discipline being felt across the property industry? Yardi brought together a panel of thou...
Just Listen! The Evolution of REX. Prototypes, Seed Rounds, and Beta. Due to changing global consumption patterns, the way people work and live is undergoing a fundamental shift — specifically the structures of community, urbanization, and sharing. In response, WeWork has found itself at the forefront of this... Duke Long's Top 10 Most Influential Online Commercial Real Estate People 2017. ...
AUSTIN, Texas--(BUSINESS WIRE)--Firmspace, the luxury co-working suite for established professionals, is announcing the company launch and grand opening of its flagship Austin, Texas location. Designed to address the needs of the professionals forgotten by first-wave co-working, Firmspace is re-defining the executive suite—with a modern, upscale community flair. “Co-working shouldn’t involve...
By Derek Daniels Senior Research Analyst San Francisco Another Wave of “Big Tech” Leasing The unemployment rate for the San Francisco metropolitan division (San Francisco and San Mateo counties) was 3.3% in August. This percentage is unchanged from the 3.3% reported one year ago, as the market has reached full employment translating to hiring challenges across the spectrum. Total private secto...
As a real estate brokerage owner, you're responsible for both your own company's success and helping your agents harness their own opportunities for success. A credible real estate broker is someone who leads by example and can coach his/her agents to be business-minded, while constantly striving for continued growth and is agile enough to strategically adapt with industry and consumer t...
By Roland Li – Reporter, San Francisco Business Times Updated Oct 30, 2017, 4:02pm PDT CIM Group is in contract to buy Uber Technologies Inc.'s Oakland building, according to three sources familiar with the property. CIM, already one of Oakland's biggest landlords, agreed to pay $175 million for the 380,000-square-foot Uptown Station property, said a source. CIM will have to invest...