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Amazon Opens Search for Second Headquarters City in North America– 5th Update

My FOX DC – Business
9/7/2017

Amazon.com Inc. on Thursday announced an unusual plan to establish a second corporate headquarters in North America, signaling the online retail giant's growth ambitions for the years ahead and setting off a race among local and state governments hoping to win it over. Amazon said it was soliciting proposals for a new campus location, which eventually could result in the company investing more than $5 billion and creating up to 50,000 high-paying jobs, many in software development and most …

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Redfin’s market share ‘accelerates’ after IPO

Inman News – Features
9/7/2017

In its first earnings report since going public in July, Redfin posted strong revenue growth, as the high-tech brokerage's website traffic spiked and its market share "accelerated." Revenue increased 35 percent to $104.9 million in the first quarter compared to the same quarter in 2016. The brokerage squeezed out a profit of $4.3 million in the second quarter, but Redfin CEO Glenn Kelman attributed that result to seasonal conditions, stating that the company would post a net loss …

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New York joins long list of Amazon suitors

Crains New York – Everything Real Estate
9/7/2017

Amazon’s announcement that it’s looking for a site for a second headquarters has cities and states throughout North America tripping over themselves to offer huge tax breaks in exchange for thousands of high-paying tech jobs. New York state says it will be joining this group of hopeful suitors. Howard Zemsky, who serves as president and CEO of Empire State Development and commissioner of the state's Department of Economic Development, said New York "will be doing everything we can to…

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Exclusive: Longtime real estate broker launching tech platform in Houston

Houston Business Journal – Commercial Real Estate News
9/7/2017

"We’re finding the needle in the haystack."

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Shop Kohl’s for Amazon Echo, Fire & More

Regency Centers
9/7/2017

Kohl's Corp. announced Wednesday, September 6, that shoppers will be able to buy Amazon Echo, Fire tablets and other gadgets from select brick-and-mortar Kohl's stores. Customers in the Chicago and Los Angeles areas will be among the first to experience the 1,000-square-foot Amazon shops. Planning for 10 of its stores to feature these Amazon shops, Kohl's will also offer customers a personalized service where an Amazon employee can come to a customer's home and install a devi…

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Exploring The Lay Of The Landscape In CRE Software Services

Forbes
9/7/2017

Overview and exploration of the new CRE Tech landscape Exploring The Lay Of The Landscape In CRE Software Services Dealpath

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Redfin revenue jumps 35% in Q2 – but company expects to lose money this year

The Real Deal – Los Angeles
9/7/2017

Glenn Kelman of Redfin. The company expects to lose money in 2017. Redfin, the residential brokerage that went public this summer in a closely-watched IPO, reported year-over-year revenue growth of 35 percent in the second quarter. Still, the company said it expects to once again lose money for the overall year. Redfin pulled in $105 million in the second quarter, compared to $77.7 million during the same period last year. Net income for the quarter was $4.3 million, up from $1.4 million in the …

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‘Seattle will always be home’: Amazon employees, others react to news of tech giant’s second HQ

Seattle Times – Business and Technology News
9/7/2017

To the city in which Amazon builds its second headquarters, one lifetime Seattle resident has this word of advice: Move. “No one can afford to live here,” said Clayton, 30, a cook in Seattle, where about 40,000 Amazonians work across more than 8 million square feet of office space in the city's urban core. “The transplants — too many. They don't treat it like home, and it doesn't have the same feeling.” Chad Miller, 42, who writes software for the tech giant, had a different take …

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Tech Talk with Urban Tech Managing Director Andrew Ackerman

Dreamit – Blog
9/7/2017

Dreamit MD Andrew Ackerman sat down with Media Bytes for an interview. Watch here:

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BuildFax Partners with Code2College to Pave the Way for Investing in Data Science Talent

Business Wire Commercial Building & Real Estate News
9/7/2017

AUSTIN, Texas–(BUSINESS WIRE)–BuildFax, a leading provider of property history and condition data for the largest lenders, insurers and real estate companies, announced today its partnership with Austin-based Code2College, a nonprofit whose mission is to dramatically increase the number of girls, underrepresented students of color and low-income students who enter undergraduate programs and careers in science, technology, engineering and math. Code2College launched in 2016 with 30 students fro…

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