Office Archives | Page 41 of 91 | CREtech
Amid continued doubts of the sustainability of its business model and following statements from its Finance Director that “WeWork doesn’t expect profitability this year”, the coworking giant went on a shopping spree using other people’s money, and bought none other than Lord & Taylor’s flagship store building in NYC’s Fifth Avenue — and for no shy amount. For the price of $850 mi...
WeWork, a shared-office space startup, has obtained more than 450,000 square feet in a Mountain View shopping center that is currently under construction. The New York company will take over a lease from LinkedIn at The Village at San Antonio Center, according to May Chow, a LinkedIn spokeswoman. The center — which is set to be completed in late 2017 — will also feature cafes, restaurants, a b...
Hudson’s Bay Co.’s deal to sell Lord & Taylor’s flagship New York City store to WeWork in a transaction is a good way for the company to monetize its real estate, analysts say, but the company is facing other challenges. The deal, valued at $850 million, which involves the Fifth Avenue store Lord & Taylor has occupied since 1914, will continue to operate as a smaller store, but WeWor...
Billionaire real estate investor Barry Sternlicht has some advice for Amazon.com Inc.: Take a good look at Boston for your second North American headquarters. Amazon is sorting through the 238 proposals it has received for the $5 billion project known as HQ2. Boston has "a pretty good shot" at landing the company because of its technology, infrastructure and educational base-- "just...
NEWTOWN, Conn.--(BUSINESS WIRE)--Fine Homebuilding is committed to helping close the skills gap by continuing to create engaging opportunities to interact with, and bring together, today’s veteran and emerging professionals to inspire industry-wide success. The company’s comprehensive #KeepCraftAlive movement is a vital program that is gaining momentum as an industry change agent, inspiring su...
Duke Long's Top 10 Most Influential Online Commercial Real Estate People 2017. Yes, it’s that time of year once again. Here we are now into our seventh year. How do you get to be one of “the most influential” people in commercial real estate? Relentless work and commitment to this business, our business of commercial real estate. Here they are in order! 1. Adam Stanley: CIO Cushman &...
In coming years, driverless cars will change a lot about the world, especially how we commute to and from work. If you don’t have to focus on the road, you can be more productive in what is essentially a mobile office. But what does that mean for office buildings themselves? How driverless cars will affect office and commuter culture When their use is widespread, driverless cars will operate muc...
I first knew Brent Birch as a youth baseball coach, and a good one at that. He had lettered in baseball at the University of Arkansas from 1990-93 and played for the school's legendary coach at the time, Norm DeBriyn. Birch was on the 1990 Southwest Conference championship team and later was awarded the Bill Dickey Scholarship by Stephens Inc., which goes to the Razorbacks' outstanding s...
The offices are being built as part of a major mixed-use shopping center surrounded by new apartments, retail, restaurants and multiple tech giants.
The offices are being built as part of a major mixed-use shopping center surrounded by new apartments, retail, restaurants and multiple tech giants.