Co-Working Continues to Change CRE Landscape

SAN FRANCISCO—Co-working has, of course, changed the global landscape of commercial real estate. The sector has grown significantly during the past few years, especially in major tech cities such as San Francisco, according to a recent co-working report by Cushman & Wakefield. “Co-working operators control approximately 3 million square feet of office space in San Francisco,” Derek Daniels, associate director of research for Cushman & Wakefield tells GlobeSt.com. “At 3.5% of total off…

Co-Living Is In Growth Mode As Gentrification Issues Shake Up Major Cities

Growing student loans, housing affordability concerns and rising construction expenses birthed a new asset class known as co-living over the past five years. As that sector grows rapidly in an attempt to give younger professionals higher-end living at lower rents, institutional players are expected to take notice soon.

WeWork launches new equity-free Labs program in Sydney targeting “pre-accelerator” startups

Co-working giant WeWork has rolled out a brand new variety of startup support program in Sydney, launching its WeWork Labs offering in Australia for the first time. Running in more than 57 WeWork locations across the world, Labs is a unique take on a startup incubator or accelerator, providing light-touch support for companies in the co-working space through workshops, events, mentoring and investor introductions. The Labs program will be run by former startup founder and advisor David Smi…

Beyond The Bio: 16 Questions With Common Founder/CEO Brad Hargreaves

In the four years since Common debuted its first building in New York’s Chinatown neighborhood, the co-living industry has exploded in terms of its reach and diversity. Though the competition means that Common founder and CEO Brad Hargreaves is forced to innovate (such as with new ventures like family-focused apartment concept Kin), it also means that his idea turned out to be prescient and his timing nearly perfect — a far cry from one of Hargreaves’ earliest ventures.

4 Big CRE Brokerages Predict We Should Watch These 4 Trends

Let’s explore what CRE’s most influential brokerages are predicting as this year’s dominating trends. Our team at RealNex has compiled 4 industry-wide movements expected by top professionals to create massive opportunities for CRE and beyond.

Walmart appoints new head for its startup incubator Store No. 8

WASHINGTON (Reuters) – Walmart Inc said on Monday it has hired Scott Eckert to run its investment arm and startup incubator, Store No. 8, whose aim is to expand the retailer’s e-commerce business in partnership with retail startups, venture capitalists and entrepreneurs. Eckert, a former executive of Bain Capital Ventures, will take over from Lori Flees, who ran Store No. 8, in addition to working as senior vice president of health and wellness at Walmart-owned Sam’s Club, according to a memo…

Drone data is a digital forensics gold mine

We may now be hurtling toward the mass adoption of drones for everyday use. Drones are delivering UPS orders around the WakeMed medical campus in North Carolina, sending vaccines to remote parts of Ghana, and monitoringhard-to-reach habitats of orangutans in Borneo. During the devastating fire at Notre Dame cathedral, the Paris Fire Brigade even deployed drones equipped with thermal imaging cameras that allowed firefighters to view hot spots within the massive structure….

Toronto doesn’t want to be Silicon Valley. It’s building something better

Industrial Demand Growth Finally Set to Slow

Industrial has been one asset class in the commercial real estate industry counted on for continued growth over the last several years. Supply, try as it might, has not been able to catch up with demand that has been fueled by soaring e-commerce activity. However, that may change in the next three years, according to a new report from Deloitte Insights.

Is Privately Owned Student Housing Too Much Like Normal Multifamily?

As universities rely on off-campus housing to accommodate their growing populations and the trend of co-living brings multifamily closer to dorm life, the definition of student housing has become harder to pin down. With the deluge of institutional and foreign capital that has entered the student housing market, developers have been able to build at scale more consistently and at a higher level of quality in the past few years. Now, it doesn’t take much for a developer to call a multifamily b…