Curated daily by our industry experts. Stay informed on how tech is shaping the real estate industry with these important headlines.
CB INSIGHTS
The year is 2030. What does the store of the future look like? To unpack where the future of physical stores is headed, CB Insights visualized and analyzed how trends — from the rise of 5G connectivity and urbanization to increasing consumer expectations — will impact retail innovation in the years to come.
TECHCRUNCH
The housing crisis in the Bay Area, particularly in San Francisco, is a complex and controversial topic with no one-size-fits-all solution — but a check for a billion dollars is about as close as you’re going to get, and Google has just announced it’s writing one. In a blog post, CEO Sundar Pichai explained that in order to “build a more helpful Google,” the company would be making this major investment in what it believes is the most important social issue in the area: housing….
CHICAGO BUSINESS
Co-working giant WeWork is opening another Chicago location in a new West Loop office building, bringing its total downtown footprint to a size few have achieved. The New York-based firm leased more than 90,000 square feet on the top three floors of a 20-story office building at 625 W. Adams St., a company spokesman confirmed. It’s the 12th Chicago lease WeWork has inked as it leads a rapid spread of shared-office providers in the city, and it brings the company to more than 1 million square…
BISNOW
Real estate services firm JLL is entering a realm previously occupied only by tech giants. On Tuesday, the Chicago-based real estate giant revealed that it has teamed with Google to create its own voice assistant, like Amazon’s Alexa or Microsoft’s Cortana, Geekwire reports. JLL’s version is called JiLL, designed specifically for office workers and only available through a smartphone app, as opposed to a smart home device such as the Amazon Echo or Google Home.
CREtech
The World’s Most Influential Commercial Real Estate Tech Conference Is Coming To Brooklyn New York, NY (June 19, 2019) — CREtech (cretech.com), the leading event, content and connectivity platform for the commercial real estate technology industry has announced the first series of speakers for their flagship NYC conference. The 2019 CREtech NYC Conference will be held on October 16th and 17th at Dock72 in Brooklyn and will be the largest commercial real estate tech conference to be held in NYC …
SMART CITIES DIVE
Domino’s has partnered with Nuro, creator of unmanned robotic vehicles, to launch autonomous pizza delivery in Houston later this year, according to Domino’s.
WSJ
As WeWork Cos. prepares for an initial public offering, it has accumulated a mounting pile of debt and financial obligations that could concern potential investors. The co-working firm had about $34 billion in lease obligations at the end of 2018, up from $18.2 billion a year earlier, according to people familiar with the company’s financials. The New York company, which recently rebranded as The We Company and was valued at $47 billion, confidentially filed for an IPO at the end of last…
VTS
Boston Properties’ Jim Whalen is a familiar face in the real estate technology community. So how does the CIO/CTO of one of the world’s most successful Class A office real estate developers approach his tech stack? We sat down with Jim to hear his take on enterprise tech, the occupant experience, and what he calls the “IoT of CRE.”
CREtech
Tune in to CREtech’s Virtual Demo Day Webinar next Tuesday, June 25 at 12pm EST to learn about the most innovative tech companies in commercial real estate. Virtual Demo Day is the best way to discover startups that you need to know about without leaving your desk.
NEW YORK TIMES
SAN FRANCISCO — Facebook unveiled an ambitious plan on Tuesday to create an alternative financial system that relies on a cryptocurrency that the company has been secretly working on for more than a year. The effort, announced with 27 partners as diverse as Mastercard and Uber, could face immediate skepticism from people who question the usefulness of cryptocurrencies and others who are wary of the power already accumulated by the social media company….
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