The 7 most striking construction technology innovations of 2018

Construction technology is advancing every day, presenting contractors with more tools to meet their long-term growth and efficiency goals. Even if the labor shortage isn’t letting up, AI analytics, drone hardware-software combinations, independently operated robots and other technologies are allowing the industry to do more with less. As the year comes to a close, we’re taking a look back at the impressive technological strides that have been made, spanning augmented reality, tech-infused pr…

WeWork inks 236K sf lease at 1440 Broadway

WeWork, the largest office tenant in Manhattan, has signed another massive lease in the city, this time expanding its presence in Midtown. The co-working company is taking about 236,000 square feet of space at 1440 Broadway, WeWork and the building’s owner, the CIM Group, announced Thursday. WeWork will occupy floors 14 through 21 of the 25-story office building, which is located between Bryant Park and Times Square….

Tokenization As A CRE Investment Vehicle

Tokenization is a complicated process which can yield high returns.

BOSTON, MA—Imagine owning a piece of the Empire State Building or the Prudential Center. Seems far-fetched? Not really. Due to tokenization, owning a piece of a major property has become a  viable proposition.

Innovation in Healthcare Technology Changing the Game

SCOTTSDALE, AZ—Innovation in healthcare technology has changed the rules of the game for hospitals and healthcare centers. It has and continues to do so. As in other industries, healthcare will be disrupted by advancements in technology like telemedicine and virtualized care programs, which are already rising in popularity with patients. But how will it impact brick-and-mortar space?

Wellness giant Life Time targets co-working, shopping malls for next act

Founded in 1990 by CEO Bahram Akradi, Minnesota-based Life Time used to be known as a premier health club that operated large gyms mainly in affluent suburbs in Midwestern and Southern states. Its success was memorialized in 2015 when two leading private equity firms, Leonard Green & Partners and TPG Capital, led a $4-billion deal to take the company private. But rather than retire or move on to new challenges, Akradi chose to remain in his leadership post and continue to build the Life Time…

Truss Year In Review

It’s been a busy year for our team here at Truss!

We launched in new markets, expanded into retail and industrial and picked up a few awards along the way. We also took some time for team building. Here’s everything we accomplished in 2018.

WeWork Continues Ruffling Feathers, Starts Investment Arm

WeWork’s relentless pursuit of world domination in the office real estate industry has bothered some big names, but it doesn’t look to be slowing down anytime soon. The coworking industry leader has launched an investment fund called ARK focused on acquiring properties, Bloomberg reports, citing anonymous sources. ARK has not been publicly announced, but WeWork has been ramping up its involvement in property ownership.

WeWork Keeps Pushing. Now Landlords, Rivals Are Pushing Back

WeWork Cos. is increasingly stepping on the turf of landlords and real estate brokers — and the industry is starting to push back. The office-sharing giant, valued at as much as $42 billion, is getting a greater portion of its business from the large companies that property owners usually court. It’s also building an investment division to buy its own sites, according to people with knowledge of the matter. At the same time, big real estate names like Blackstone Group LP and Tishman Speye…

CREtech Takeaways: How Technology Will Change The Places Where We Work

Technology is impacting every part of our economy, but one area where excitement for change is building is in the real estate industry. More than 1,000 people recently packed into a Manhattan venue for the CREtech New York Venture Conference with a focus on bringing to life innovation in one of our most important sectors, commercial real estate. The growth in this area in recent years has been phenomenal….

Exclusive Interview with Group Digital Director, David Fuller-Watts of Toolbox Group LLC

Toolbox Group are a Global Innovation Agency with the Head office located near Cambridge, England. They have offices located all across Europe and opened their USA office in Orlando, Florida in July 2018. Toolbox provide innovation solutions for Real Estate companies. Their leading tenant communication and engagement platform, Mallcomm, is currently used by over 250,000 shopping center employees, 4,800 retail stores across 16 different countries. Other products include Raven for office wor…