Latest Trends and Insights in Real Estate Technology

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  • BREAKING: MetaProp co-founders write new PropTech book

    PROPTECH

    MetaProp.vc investors Zachary Aarons and Aaron Block dive deep into the world of PropTech throughout this real estate technology primer, complete with historical references, interviews of industry leaders and the writers’ personal VC experiences. Included as a bonus is a first-of-its-kind PropTech “Resources Directory,” developed in partnership with Julia Arlt from PwC. The official release date is March 26, 2019! In the meantime, Advantage Media Publishing has made the book available on Amaz…

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  • Real estate giants try to be more like WeWork, before it overtakes them

    FAST COMPANY

    In the fight for the future of the real estate industry, legacy firms are trying to figure out how to contend with WeWork. The beer-loving co-working startup that landlords once welcomed has grown into something much more complicated and powerful, in part through technology. The company has developed both consumer facing tech, like an app for booking conference rooms and checking out events in its co-working spaces, as well as operational analytics that makes its offices and overall business…

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  • 1871 and Truss Partner to Expand Opportunities for Entrepreneurs in Chicago’s Startup Community

    TRUSS, 1871

    Local Midwest Tech Hub Joins Leading Online Marketplace to Connect Entrepreneurs and Startups with Best-in-Class Office Space CHICAGO  – 1871, Chicago’s center for technology and entrepreneurship, and Truss, an award-winning marketplace for commercial real estate, announced today a new partnership to serve startup founders and entrepreneurs in Chicago. Truss, a leading online marketplace to help small business owners find, tour and lease space, will now list 1871 spaces on their online platf…

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  • FedEx to Test Robot for Same-Day Delivery

    WSJ

    FedEx Corp. will soon start testing robots that could make same-day deliveries of medicine, pizzas and other items to consumers’ homes, pushing the parcel-delivery giant into a new market competing against startups like Postmates Inc. that use humans for rapid deliveries. FedEx executives declined to say how soon their delivery robots may become commonplace on streets and sidewalks. But they said their approach, using a cargo compartment atop the modified base of a motorized wheelchair develo…

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  • Knotel Boosts Flex Office Leadership in San Francisco – Passes 300K SF in 20 Locations

    KNOTEL

    Agile Workspace Provider Adds Space at 225 Bush Street and 455 Market Street in the Financial District, Totaling Another 80,210 Square Feet  San Francisco, Calif. (February 28, 2019) – Knotel, the premier flexible workspace provider, announced today that it has completed two leasing transactions totaling 80,219 square feet in San Francisco’s Financial District. The new locations represent the continued expansion of Knotel’s flexible office platform in San Francisco, a move that aligns with i…

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  • The Future of Travel: “Why stay in a hotel when you can have a place like home?” With Jason Fudin CEO of WhyHotel

    THRIVE GLOBAL

    We expect to raise people’s expectations for what high-quality accommodations look like and how much they cost. It starts with our name — WhyHotel. Because why stay in a hotel when you can have a place like home? The name is meant to pose a question that challenges the value of a hotel room when guests could instead stay in a product like ours. We expect to continue to push the boundaries of “flexible” real estate and work on products that have an even greater impact on the value chain. Real est…

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  • 4 Ways Better Operations Data is a Competitive Advantage for REITs

    ENERTIV

    Managers take a different approach to operating Real Estate Investment Trusts (REITs) than they do to operating privately held commercial real estate companies. The very elements that make their existence possible ensures this to be the case. REITs pay no corporate taxes and enjoy a stream of low-cost capital through the public markets. In return for these perks, REITs must pay out 90% of their taxable income in the form of dividends to their shareholders. Moreover, their income generation is…

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  • The debate around “open” workplaces continues to generate significant attention—but often lacking the nuance required for productive debate.

    GENSLER

    To understand what people today really want, and need, we created a series of variables to capture “degrees of openness”—then asked people which type of environment they currently work in, and what type of environment they consider to be ideal. Two things quickly become clear: first, most people work in neither “open” nor “closed” environments—they work in an environment that falls somewhere in between. And second, people today are asking for more enclosed sp…

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  • The Wing Opening Fourth NYC Location, in 12K SF at 25 West 39th Street

    COMMERCIAL OBSERVER

    The Wing, the coworking and community space designed for women, has nailed down more than 12,000 square feet at 25 West 39th Street, Commercial Observer can first report. The company took the entire vacant 11th floor, spanning 12,252, at the Thor Equities-owned 16-story, 210,000-square-foot office building between Fifth Avenue and Avenue of the Americas, according to a release from the landlord. Asking rent was $65 per square foot and the lease is for 10 years, a Thor spokeswoman said….

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  • Amazon to Launch New Grocery-Store Business

    WSJ

    Amazon.com Inc. AMZN 1.95% is planning to open dozens of grocery stores in several major U.S. cities, according to people familiar with the matter, as the retail giant looks to broaden its reach in the food business and touch more aspects of consumers’ lives. The company plans to open its first outlet, in Los Angeles, as early as the end of the year, one person said. Amazon has already signed leases for at least two other grocery locations with openings planned for early next year, this perso…

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