Micro-Fulfillment Centers Will Be Key To Meeting Online Grocery Demand in 2021

Micro-fulfillment centers and automation will be critical for grocery chains to meet still-burgeoning demand for online orders and deliveries quickly and efficiently, according to a new report on the sector from JLL.  “Micro-fulfillment centers (also known as MFCs) aren’t new, but they are a growing solution for many grocers,” the report notes. “MFCs provide flexibility as they are much smaller in size than a typical industrial-grade fulfillment center. They can be put into dark stores,

Small Coworking Outfits In Dire Straits As ‘Funny Money’-Backed Competitors Prepare For Comeback

The major players in the New York City coworking market have buckled under the stress of the coronavirus pandemic, giving back millions of square feet, needing cash infusions or restructuring. But Knotel, IWG and WeWork all appear poised to exist in a post-Covid landscape where workplace flexibility is expected to be key.

Funnel Leasing Launches H.O.M.E. to Increase Fair and Equitable Housing

Funnel, the only renter-centric property management software platform, announced the launch of H.O.M.E. (Housing Opportunities Made Equal), a 501c3 not-for-profit, dedicated to building responsible technology and supporting causes that provide disadvantaged renters with access to safe and healthy housing. The launch of H.O.M.E., timed during Fair Housing Month and the anniversary of the Fair Housing Act of 1968 (April 11), will further Funnel’s mission to combat the systemic oppression prevalent…

As Firms Tiptoe Back To Offices, Will CRE See Start Of Rehiring Spree?

Getting Ari Rastegar to talk about real estate opportunities in Austin, Texas, is as simple as asking him a question. Make that any question, because the founder and CEO of Rastegar Property Co. eventually finds a way to bring the conversation back to growth in his hometown, which was recently called the “hottest market in the country” after attracting big new tenants such as Oracle and Tesla….

Savills, MRI Software Announce Expanded Partnership to Accelerate AI and Machine Learning Capabilities for Knowledge Cubed

The long-term agreement will provide enhanced resources to support the global real estate firm’s award-winning data management, visualization and analytics platform NEW YORK (April 8, 2021) – Global real estate services firm Savills today announced that it expanded its global partnership with MRI Software, a worldwide leader in real estate software. As part of an extended agreement, Savills will expand its integration of MRI’s artificial intelligence-powered data abstraction tool, MRI Contra…

The Benefits Of PropTech For Property Managers

As the globe adopts further digitalisation, technological advances have benefitted many industries, including the world of real estate. For landlords, the implementation of PropTech can make a real difference and positive change to their business models. But how exactly has PropTech changed the face of real estate and property management?

AI smart cameras to become the norm for smart city applications

Swyft raises $17.5 million to bring same-day delivery to all the retailers that aren’t Amazon

Thanks to major players like Amazon and Walmart, we’ve become accustomed to next- or same-day delivery. But the pandemic has also renewed our interest in buying from smaller businesses and retailers.

This L.A. mall could be reinvented as housing and worker-owned co-ops

The Baldwin Hills Crenshaw Plaza mall in Los Angeles’s Crenshaw neighborhood opened in 1947, one of the first of its kind in the country. Since then, it’s looked like a typical mall, with a sprawling parking lot. But community members in the surrounding majority-Black neighborhood now want to transform the 43-acre site into something different—mixed-income housing, community gardens, and new worker-owned cooperatives, all run by a nonprofit that can return proceeds to the community. …

Old Golf Courses Are Being Turned Into E-Commerce Warehouses

Golf has enjoyed a minor renaissance in the U.S. during the pandemic—after all, it’s an outdoor sport, and it’s relatively easy to keep socially distant while playing. But it’s still not as hot as the warehouse boom. As investors hunt for industrial properties tethered to e-commerce, developers are buying golf courses and converting them into space for warehouses.