Curated daily by our industry experts. Stay informed on how tech is shaping the real estate industry with these important headlines.
Atlanta Business Chronicle – Commercial Real Estate
The New York-based “unicorn” is leasing nearly 24,000 square feet at Terminus 100. The buildout is expected to cost more than $2 million.
South Florida Business Journal – Local News
The Miami-based startup that recently applied its zoning technology to identify potential Miami-Dade County parcels for Amazon.com Inc.'s second headquarters has raised $1.6 million in funding. Founded in 2015, Gridics is the developer of the Zonar.City tech, a platform that analyzes real estate data sets to streamline information aimed at guiding investment decisions and "smarter" development. The software targets city building agencies and real estate developers with the promise…
Phoenix Association of Realtors
Anyone who’s gone through the process of renting, buying, or selling a home knows how much of a hassle–and potential security risk–it is. You end up disclosing loads of information about yourself, most of it seen by several people you … Inman
Inhabitat – Phoenix
Environmentally-conscious commuters, rejoice! Vespa’s first electric scooter will hit the market next year, and it will have a range of about 62 miles. The good news was announced at the Milan Motorcycle Show by parent company Piaggio. Though the price of the Vespa Elettrica has not yet been revealed, an eager fan base can’t wait to get their hands on the chic electric two-wheeler. Vespa’s first electric scooter is as high-tech as it gets. A 4.3-inch TFT color display sits between the handlebars…
Commercial Property Executive – All Feeds
The company acquired a 202,000-square-foot data center in the far West Side, marking its fourth facility in Alamo City. Microsoft Corp. expanded its footprint in San Antonio through the acquisition of another data center in the far West Side. The company reportedly paid $80 million to Chevron for the asset, according to My San Antonio. The 34-acre, 202,000-square-foot center at 5200 Rogers Road is the fourth property Microsoft either owns or is building in San Antonio and will host the company’s…
CRETECH
Salespeople know that, on the surface, the sales process always seems simple, but never is. From the initial reach out to the ultimate closing of the deal, there are numerous levels of concern that need to be address and details that need constant focus and attention. Coordinating this complex process has always been a challenge, even for the most Type A personality.The Pipedrive platform was created specifically with salespeople in mind, helping them tame, streamline and control the sales proce…
Inman News – Features
Compass raised $100 million in a Series E investment round, putting the rapidly growing real estate technology company one step closer to a potential initial public offering, officials announced Wednesday. The latest round of financing from Fidelity Investments, IVP and Wellington Management brings the total capital raised by Compass to $325 million, which will be deployed to fund an aggressive expansion plan into 10 new markets and an array of cutting-edge technology, including a recently annou…
TechCrunch – All Stories
Today, the real-estate startup Compass is announcing that it has raised another $100 million — money that it plans to use to expand its sales and rental listings service to every major city in the U.S., as well as build new CRM technology to integrate client, listings and transactions data. The Series E values the company at a whopping $1.8 billion. Compass had over $100 million in the bank before the raise, so in a sense it didn’t need the money. This is about “really aggressive growth,” Chairm…
CRETECH
“Property management today is largely reactive; you wait for a problem and then tackle it,” Zenplace CEO Rahul Mewawalla told LTP. “Our view is that it needs to be proactive and should be able to mitigate issues before they happen. Currently, management companies are indeed reactive in nature, they wait for a problem to appear and then deal with it.”San-Francisco-based Zenplace is an actual full-service property management company (BRE license #02030521) with a staff of professional proper…
Commercial Property Executive – All Feeds
As a rule, corporate office site selection doesn’t exactly capture the public imagination, yet few real estate stories have made a splash like Amazon’s pending choice of location for its second North American headquarters. As a rule, corporate office site selection doesn’t exactly capture the public imagination, yet few real estate stories have made a splash like Amazon’s pending choice of location for its second North American headquarters. Millions of people who ordinarily wouldn’t know the di…
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