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Published Oct. 30, 2017 Share it post share tweet Sponsored Content By The retail industry is going through a major evolution. From e-commerce giants like Amazon to neighborhood mom and pop shops, retail is changing rapidly to fit the needs of today's consumers. While the landscape may seem bleak for retailers competing against the fast-paced, increasingly digital environment, modernizing pay...
QTS Realty Trust started the development of a new data center campus in Ashburn, Va., on a 52-acre site. The two parcels were purchased separately for a total of $53 million. Over the coming months, the company plans to develop multiple facilities, ultimately delivering 140 megawatts of gross power over 700,000 square feet of raised floor space. QTS will build the new facility in multiple phases, ...
When it comes to hobbies, New York’s real estate executives show strong herd instincts. Everyone plays golf, everyone has a boat, everyone spends summer weekends in the Hamptons. And in 2017, seemingly everyone invests in real estate tech startups. A few weeks ago, news broke that Brookfield Property Partners and Rudin Ventures, the tech investment arm of the Rudin family, led a $13 million Seri...
The Hive and Star Tower are not, as their names might suggest, the secret bases of crime fighters Green Hornet and Green Arrow. These structures are packed with impressive technology, and they are saving developers money and square footage while cleaning up the streets. The Hive, in Oakland, California, and Star Tower, in Long Island City, New York, are two of CityLift Parking's fully automat...
Technology is the great liberator of the modern company. Improved mobile computing, accessible data analytics and the growing Internet of Things have freed businesses from antiquated, time-consuming processes. Companies are faster, smarter and have elevated their platforms to a global, 24/7 stage. The price of progress is a rapidly evolving set of tools. Companies that are not adapting run the ris...
Samsung and WeWork are teaming up to offer a new work-while-you-wait concept. The companies will be opening “care centers” in several WeWork offices across the U.S., including Detroit, Miami and Williamsburg, Brooklyn, that will combine tech service tune-ups with WeWork's co-working concept, Fast Company reports. While the centers are similar to Apple’s Genius Bar, they will be taking a...
CoStar Market Insight: Investors Gravitating to Value Add Sales of 150 W. Jefferson Ave. and Troy Tower Highlight the Trend By Amena Ali October 30, 2017 Email Print Close to 600 office sales finalized in the Detroit Metro over the last four quarters, and the most obvious trend among these sales was the propensity of developers to gravitate toward properties rated 3 Star or less. Such transactions...
Stores are no longer simply places where shoppers go to buy the latest goods – nowadays they're very much about getting a piece of the brand experience. In recent years an increasing number of brands are taking the experience to the next level by creating concept stores that offer a carefully curated taste of the retailer's world to help build lasting relationships with their customers...
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 evolution, offering companies of all sizes the opportunity to redefine employee experience and productivity through vibrant design, engaging community, techn...
Newmark Group files for $100M initial public offering From TRD New York: Newmark Group filed for a $100 million initial public offering Monday in a bid to spin off from its parent company, Howard Lutnick’s BGC Partners. The filing with the U.S. Securities and Exchange Commission said the entity will include the commercial brokerage Newmark Knight Frank and the mortgage firm Berkeley Point and it...