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CoreNet Global The Pulse Blog Search Alexa, Show Me What Our New Sales Center Would Look LikeJanuary 5, 2018|In CoreNet Global News|By David Harrison For several years, attendees of the CoreNet Global summits around the world have been trying on virtual reality and augmented reality devices that replicate building sites, plans, and concepts. Walk from the parking lot to the sales center, view the ...
LeaseMatrix Sale Confirms Opportunity in CRE Tech Space Q&A with Dominic Zabriskie One of the reasons why the commercial real estate tech sector trails the residential sector in attracting investment is the lack of startup exits. There just haven’t been too many. And it totally makes sense. It’s a young sector, as the commercial real estate industry is just now embracing technology. As som...
In a sign that computers will be able to perform image analysis as fluently as text analysis, a group of Stanford-based researchers were able to make accurate predictions about neighborhood voting patterns based on millions of pictures collected from Google Street View, reports The New York Times. While other academic projects have used artificial intelligence to mine Google Street View for socioc...
A commercial real estate development in Dubai became the first of its kind to accept the digital currency Bitcoin. Aston Plaza and Residences, developed by The Knox Group, is a 2.4M SF property consisting of two residential towers and a shopping mall. The project is expected to be completed in 2019, but Bitcoin is well on its way to making inroads in the commercial real estate mainstream. Knox...
Holy hell, it’s been a year for Amazon. Jeff Bezos’ former-online-bookstore dumped $13.7 billion to buy a bunch of grocery stores, that speaker you talk to in your living room that Amazon makes is really popular and a bunch of server farms Amazon runs generate more than $10 billion in revenue annually. The confluence of all these things has led to an incredible rise in its stock on the year ...
2017 was a significant year in Silicon Valley. The region saw plenty of protests, several big openings, and lots of small moments that left a mark. I was there to capture as many of them as I could. Click through the slideshow to check out some of the best images from an eventful year. And for more from our Year in Review coverage, check out the links below: 17 photos that capture life in Silicon ...
Some developers continue to build more retail space, in spite of a glut of the property type in the U.S., the Wall Street Journal reports. A Forbes contributor details the top rental property markets located in colder climates. These are among today’s must reads for the commercial real estate industry. Where the New Retail Space Is Being Built (Hint: It’s Not in Malls) “Despite a glut in U.S...
Trends in Seed Stage Venture Capital: Across all areas of venture capital, more capital is being invested in funding rounds than ever before, but the number of companies receiving investment has dropped. This suggests that fewer deals are getting funded at the seed stage and investors are focusing more on later rounds of funding. Via Axios The number of angel investors in the United States is ...
The room is a raw warehouse space that is partitioned off with curtains, hiding the bulk of it from view. I’m at the back of a group of girls who is..
WeWork had a big year in 2017. The seven-year-old company opened 90 new locations, doubling its global membership, and expanded into new cities in Latin America, Asia and Australia, and Europe and Israel. It is reportedly valued at $20 billion. While 2018 holds more of the same — WeWork plans to launch 1 million square feet of new space each month next year — the company also plans to grow its...