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Amazon is landing in the five boroughs. 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. The workers will pack and ship orders to the tri-state area and beyond, working in conjunction ...
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 tec...
This guest post comes to us from Andrew Baum, Visiting Professor of Management Practice, Said Business School, University of OxfordWill we soon be able to buy a house with the click of a button? My report, PropTech 3.0: the future of real estate, published by Saïd Business School, University of Oxford on May 10th, takes an expansive look at property technology (proptech), and its findings detail ...
SEATTLE--(BUSINESS WIRE)--Amazon (NASDAQ: AMZN) today announced plans for a new 855,000-square-foot fulfillment center in Staten Island, N.Y. The facility is Amazon’s first fulfillment center in the state and will create more than 2,250 new, full-time jobs with opportunities for employees to engage with advanced robotics. “We are excited to bring our first fulfillment center to New York and wo...
A startup from Germany has secured $90 million to build the all-electric flying taxi of the future. Albeit still under development, Lilium's five-seater commercial jet could be ready for take off as soon as 2019, and, according to a company statement, it could get users from Manhattan to JFK airport in just five minutes. The Verge reports that the $90 million will be used to build the company...
Will Smart Sensor Tech Become a Leading Amenity in CRE? September 06, 2017/ Lindsey Imperatore 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 techn...
A rendering of Ironside Newark, the new office and retail complex that will result from an $80 million redevelopment of a historic warehouse by Edison Properties. — Courtesy: Edison Properties By Joshua Burd 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 tec...
Why WeWork Thinks It's Worth $20 BillionDavid Fano, WeWork's Chief Growth Officer.Alex Welsh. Photo direction: Noah RabinowitzSharesharetweetcommentemail 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...
In the previous video, Finding Your Next Big Deal Using Your Network, Andrew Bermudez, CEO and Co-Founder of Digsy AI, shows how he identifies connections between himself and sales leads, then gets referred to them using his social network. In this video, he shows how to easily get sales referrals from these connections in order to close more deals! Once you find the person within your social net...
Smart building technology and retail innovations are making both e-commerce and physical retail more seamless. Amazon’s recent purchase of Whole Foods signals a major change in retail tech integration, one that is coming even sooner than we thought. As retail technology advancements continue, the needs of retail CRE buyers and investors will shift. What is smart building technology? The Internet...