#CREtech Picks: Week of 9/8/17

Why WeWork Thinks It's Worth $20 Billion

News - WIRED

In the future, you’re going to love going to the office. Everything you need to do your job effectively will present itself without effort. You won’t have your own desk, because your employer will know you only use it for 63 percent of the day. But you won’t mind sharing it, because said employer will make sure you have a private room with green leafy plants, soundproof walls, and warm light between 2 and 2:20 p.m. so you can call your daughter. 

Amazon is building its first fulfillment center in New York City

News - Business Insider

The ecommerce giant announced on Wednesday that it's building its first fulfillment center in New York City, in the borough of Staten Island. According to the release, the warehouse will measure 855,000 square feet and provide over 2,250 new jobs in the area.

Amazon is looking for a 2nd headquarter city, a ‘full equal to Seattle'

News - TechCrunch

Amazon has made a name for itself as a giant in e-commerce, logistics and cloud services both for businesses and consumers. Now it’s embarking on a big move to expand its corporate presence, too. Today the company announced that it is opening a search for a city in North America to make its second headquarters, envisioned as a “full equal” to Amazon’s existing home in Seattle, Washington.

Companies Are Paying $33M More A Year To Be Close To Tech Talent

News - Bisnow

When it comes to the search for young tech talent, companies are not sparing any expense. Some employers are even paying a $33M annual premium to be located in the country's top tech city over a burgeoning market.

“Conference Season” Is Here. How Is It Possible We Have Not Met Yet?

Blog - Duke Long

I get asked often and I always do appreciate the invitations that I get to attend all types of commercial real estate and tech events. Part of being in New York is that fact that there is almost something to attend every day and I do mean every day. It can be exhausting sometimes. I do love it though. It’s a good kind of tired and worn down. Some much knowledge and so many amazing people.

These 3 Companies Are Disrupting Real Estate Tech. Here's How

News - INC.com

There has been much ado about how real estate is an industry ripe for disruption, and a lot of speculation as to exactly how it will occur. Yet companies across the country already have boots on the ground, clearing a path for disruption to follow. It's no surprise that in 2016, 235 real estate tech companies received VC funding, compared to just 72 in 2012.

New rooftop cooling tech beams excess heat into outer space

News - Inhabitat

Heat rises, and, with a little help from scientists, can soar as high as outer space. A team at Stanford University has created a roof-mounted system which cools buildings, without the need for electricity, by incorporating solar panel-like machines that beam heat into the cold expanse of space. This system, known as radiative sky cooling, is seen as an early step to developing a full strength system to cool buildings without the need for an external energy source. 


Walmart and Whole Foods have a new weapon to win over customers

News - Business Insider

Walmart recently announced a partnership with Google to be listed on the tech giant's Google Express retail platform.

Will blockchain technology transform real estate?

Blog - JLL Real Views

It’s been described as a technology that will ‘change the world’. Banks believe it could be the future of financial transactions, utilities hope it will modernise the grid and musicians anticipate that it could change the way they receive royalties without going through a record label.

Real Disruption

Event - MIT Center for Real Estate

The MIT Center for Real Estate hosts the eighth edition of its Real Disruption conference series, featuring a panel of Founder/CEOs who will explore exciting and innovative new technologies that are changing the landscape of commercial real estate management – including powerful platforms and data applications that make operations, security, and strategic decision-making faster and easier.

Will Smart Sensor Tech Become a Leading Amenity in CRE?

Blog - NAI

Smart technology and the Internet of Things continue to make waves in the commercial real estate industry. For the multifamily specifically, smart sensor tech will change the way residents live and will enhance their way of life by offering new benefits. For other sectors such as retail, the sensor technology can help determine traffic flow. These are just a few of the reasons smart sensor tech is set to become a leading amenity in CRE.

Tech-focused Ironside Newark project earns WiredScore platinum status

News - Real Estate NJ

Edison Properties’ plan to build more than 450,000 feet of modern, loft-style office space at a historic Newark warehouse has earned the recognition of WiredScore, a rating service for technology and connectivity in commercial buildings.

Ten-X partners with lender Money 360

News - Real Estate Weekly

Online marketplace Ten-X has partnered with tech-forward lender Money 360 to swell their investor pool of buyers. Under the agreement, Money360 will work with Ten-X to determine which commercial properties listed on the Ten-X platform are appropriate for pre-arranged financing, and will then pre-underwrite bridge and/or permanent loans for qualifying properties.

Habito, an app that helps you find the right mortgage, raises £18.5M Series B led by Atomico

News - TechCrunch

Habito, a London startup that is bringing the entire mortgage process online, has raised £18.5 million in Series B funding. Atomico, the European VC firm founded by Skype’s Niklas Zennström, led the round, with participation from existing investors Ribbit Capital, Mosaic Ventures, and Revolutionary (Ad)Ventures. It brings the total raised by the U.K. company to just over £27 million.

Podcast #150 Michael Griffin Co-Founder CEO ClientLook CRM.

Blog - Duke Long

Are you using one of the most effective yet underutilized tools for #CRE? How well does your current commercial CRM integrate? How well does it integrate all of that data? Do you understand what automation and enhanced efficiency can do for your daily workflow? What if you had an assistant? What if you had a virtual assistant just for your CRM? All this and so much more.

Alibaba is building a brick-and-mortar mall

News - Business Insider

Alibaba is planning to open its first brick-and-mortar mall in April at its headquarters in Hangzhou, China, MarketWatch reports. “More Mall,” as it is reportedly called, will be five stories tall and offer products from brands on Alibaba’s Taobao platform and elsewhere. It will also feature retail technologies like virtual fitting rooms, high-tech makeup testing mirrors, and Alibaba’s tech-based grocery store.

Office Space Startup Truss Lands $7.7 M for Market Expansion

Blog- Real Estate Tech News

Tech startup Truss recently closed a $7.7 million Series A round led by Navitas Capital, bringing its total capital raised to $9 million. The commercial real estate platform makes the office search process more efficient for businesses needing space less than 10,000 square feet.