Latest Trends and Insights in Real Estate Technology

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  • Clutter acquires The Storage Fox for $152M to add self-storage to its on-demand platform

    TECHCRUNCH

    The world of on-demand storage has seen some ups and downs, with some of the biggest hopefuls pivoting into new areas, some as unrelated as cryptocurrency, in the search for better product-market fit. One that found its groove early on, however, is today announcing an acquisition to expand its existing business into a new market category. Clutter, the on-demand removals and storage company backed by SoftBank, is today announcing that it has acquired The Storage Fox, a startup that will spearhead…

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  • Hudson Pacific Electricity Consumption Is Now All Carbon Neutral

    GLOBEST

    Hudson Pacific’s electricity consumption is now all carbon neutral. In a three-year partnership with Calpine Energy Solutions, the firm has acquired the environmental attributes associated with 577,000 megawatt-hours from Horse Hollow III Wind Farm, located in Wingate, Texas. The deal should offset Hudson’s greenhouse gas emissions by approximately 121,500 metric tons of CO2 over the next three years.

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  • Compass opens West Coast tech hub 2 blocks from Amazon’s headquarters

    HOUSING WIRE

    Compass, a real estate brokerage and tech company, opened an office in Seattle that’s two blocks from Amazon’s headquarters and a mile from Zillow’s main offices. New York-based Compass now has three floors of a new building at 503 Westlake Avenue that will eventually house over 100 engineers and 70 operations staff. The Seattle campus will be Compass’ West Coast technology hub and will be the nexus of the company’s six regional offices in Washington, the company said in a statement….

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  • Knotel Further Boosts Manhattan Footprint

    CP EXECUTIVE

    Knotel has increased its Manhattan presence by signing a lease with ATCO Properties & Management for 27,186 square feet at 240 W. 35th St. The coworking company will take up the building’s entire seventh, eighth and 18th floors by late fall. The Class A property encompasses 165,000 square feet across 18 stories. Knotel’s space will undergo build-outs executed by the landlord’s in-house contractor, Essential Design + Build. The new location will include collaborative areas, open offices an…

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  • Some WeWork Board Members Seek to Remove Adam Neumann as CEO

    WSJ

    A bloc of WeWork directors is planning to push Adam Neumann to step down as chief executive after a tumultuous week in which his eccentric behavior and drug use came to light, and the startup delayed its much-anticipated stock-market listing. A group including officials tied to SoftBank Group Corp. , the company’s largest investor, wants Mr. Neumann to relinquish his title of CEO of We Co., the parent of the office-sharing company, people familiar with the matter said. …

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  • Thinking Beyond ‘Buy Online Pick Up in Store’

    GLOBEST

    CHICAGO—At this point, the struggles of retailers are well known and they’re only increasing. Store closures could reach 12,000 by the end of 2019, according to Coresight Research. For retailers to survive, it helps for them to successfully integrate their digital experience with in-store shopping. But that takes something more than simply offering in store pickup for items bought online. “At this point the endless aisle and BOPIS [Buy Online Pick Up in Store] are table stakes for today’s …

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  • Budget Season 2019: Data from Survey to 4,000 CRE Professionals

    ENERTIV

    Budgeting season is a notoriously stressful time of year for commercial real estate professionals. Things are changing though, and the way real estate companies are run is evolving as technology becomes an integral part of the business. The budget often reflects the priorities and objectives of a real estate business. To what extent are these innovations changing the process itself and what makes it in? We sent a survey to over 4,000 commercial real estate professionals to find out. The respons…

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  • Researchers use a nailgun-equipped drone to shingle a roof

    VENTUREBEAT

    Drones — specifically quadcopters — are a versatile bunch. They’ve been used to inspect gas terminals, oil rigs, and turbines for wear and tear by startups like Sterblue, Clobotics, General Electric spinoff Avitas Systems, and Cyberhawk. French firefighters tapped them to survey Notre Dame during the recent blaze. And San Francisco-based Matternet is collaborating with UPS to launch an aerial medical specimen delivery service in Raleigh, North Carolina….

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  • LiquidSpace and Join partner to close the Flexible Office technology & productivity gap

    JOIN / LIQUIDSPACE

    LiquidSpace and Join will integrate the Join™ Cloud for Smart Workplaces platform as core tenant technology infrastructure services for LiquidSpace customers and partners. San Francisco, CA – September 19, 2019 Join and LiquidSpace today announced their partnership to integrate the Join™ Cloud with the LiquidSpace platform to better serve building owners and operators extending their offerings for the Flexible Office economy, and to serve customer demand for more sophisticated IT services. T…

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  • Foyr is Listed as a Top Tech-Enabled Brokerage in the 2019 Real Estate Tech Awards (#RETAS)

    PR NEWSWIRE

    NEW YORK, Sept. 18, 2019 /PRNewswire/ — Foyr (foyr.com), creator of popular 3D visualization software Neo and Storyteller, is pleased to share they are listed in the Tech-Enabled Brokerage category of the 6th Annual Real Estate Tech Awards (#RETAS), receiving the 3rd place honor behind Truss and TenantBase. …

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