Latest Trends and Insights in Real Estate Technology

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  • Knotel Takes More Office Space in NoMad, Penn Plaza

    The Commercial Observer – Commercial Real Estate

    Office provider Knotel is opening another two Manhattan locations spanning a combined 16,000 square feet, the company announced today. At 102 Madison Avenue, Knotel signed a 10-year lease for the entire 10,000-square-foot fifth floor at the 12-story, 128,000-square-foot building on the northwest corner of East 29th Street in NoMad. Broker Andrew Weiss of Signature Partners represented the firm in the transaction, while Robert Silver and Anthony Sciacca of Newmark Knight Frank represented the lan…

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  • Will WeWork Become a Retail Force?

    Hightower Blog

    WeWork has definitely made its mark in commercial real estate’s office sector. Only eight years old, the office-sharing giant is no longer a startup. Last year WeWork brought in $900 million in revenue,  has operations in 200 buildings around the world and is expanding – it opened its first buildings in South America and Paris last year. Plus, the company isn’t only geared toward small businesses and startups looking for temporary office space these days. WeWork now counts Bank of America, Faceb…

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  • The Plan: Industrious Touts Sophistication in Union Square Expansion

    Commercial Observer

    Flexible office provider Industrious—which has attracted companies such as Hyatt Hotels Corporation, Chipotle and Mashable to outsource their workplaces—tries to give a healthy dollop of sophistication to its spaces. So when the company decided to expand its only Manhattan location on the 12th floor at SL Green Realty Corp.’s 215 Park Avenue South between East 17th and East 18th Streets by taking the 11th floor, Industrious configured the new space with the same simple and elegant designs found…

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  • Knotel Takes Full Floor at Beijing Shokai Group-Owned Chelsea Building

    Commercial Observer

    Office provider Knotel’s appetite for Manhattan commercial space continues unabated, with the startup having inked a 12,683-square-foot lease at 224 West 30th Street in Chelsea, Commercial Observer has learned. Knotel signed a 10-year deal late last month for the entire fifth floor at the 14-story, roughly 143,000-square-foot building between Seventh and Eighth Avenues, representatives for landlord broker ABS Partners Real Estate told CO. A spokeswoman for the office provider co…

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  • Could Crowdsourcing Be The Key To Saving The Retail Industry?

    Bisnow

    As the retail sector continues to shift due to the rise of digital consumerism, retailers are hunting for innovative ways to stand out among the crowd. Unsplash/freestocks.org The rise of e-commerce and an excess of retail real estate has forced many retail companies to enter bankruptcy protection and shutter stores, leaving landlords across the country with empty storefronts and high vacancy rates.  Real estate crowdsourcing startup Space Jam Data aims to help alleviate these challenges. The pl…

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  • Why Blockchain Will Survive, Even If Bitcoin Doesn’t

    WSJ

    Latest blockchain applications could bring overdue change to critical, if unsexy, functions in shipping, real estate and…diamonds A blockchain-based ledger of 2.2 million diamonds can trace the journey of each stone from when it’s pulled from a mine to its purchase at a jewelry boutique. We’re now awash in “crypto” hype—cryptocurrencies like bitcoin and fundraising efforts like initial coin offerings. For every venture capitalist or technical expert, the…

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  • Guess who’s getting into real estate investment? Travis Kalanick

    The Real Deal

    Batten down the hatches: Travis Kalanick is getting into real estate and it’s sure to be a wild ride. The co-founder and ex-Uber CEO announced the launch of his new investment fund that will handle his for-profit and non-profit ventures earlier this week and singled out a few industries, which included real estate, according to the Wall Street Journal. The fund, called 10100, as in “ten one-hundred,” will manage Kalanick’s personal wealth, which is estimated by Forbes to be just below $5…

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  • The Amazon finalists are already building tech economies. Which are the best?

    Washington Post

    In the race to land Amazon.com’s second headquarters and its 50,000 jobs, experts say that writing a big subsidy check to the company probably won’t tip the scales. Instead, what curries favor with Amazon and other tech firms are long-term commitments to education, innovation and livability. These steps come with an added bonus: They are likely to benefit their communities regardless of whether Amazon or another tech giant makes its home there. All 20 finalists for HQ2, as Amazon calls it,…

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  • TenantCloud Helps Ditch the Paperwork for Landlords, Tenants and Service Providers

    CRETECH

    One of the many blessings of the digital age: the end of paperwork. The TenantCloud rental and accounting management platform digitizes paperwork obligations, making it accessible in one location. It also helps service providers market their businesses to both landlords and tenants. Available on any device, TenantCloud provides landlords with one-click postings on multiple-listings sites, online applications, tenant screening, automatic invoicing, online payments, full accounting, photo-base…

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  • Online Grocery Sales Skyrocketing Despite Dearth Of Warehouse Space

    Bisnow

    The demand for home delivery of groceries ordered online is skyrocketing.  Everyone wants what they want and they want it now, said Michael Roe, an account executive with warehouse operations firm DMW&H. “Don’t just blame the millennials,” he said. “It’s every generation.” Flickr/Mark Hunter It is the mom who does not want to drag her kids through a 200K SF store and lose one along the way. It is the baby boomer who does not want to go out in the snow to pick up milk and eggs. The statistics…

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