Real estate billionaire Sam Zell says office space will recover 'much faster' than retail Krystal Hur Tue, Jan 25th 2022 Real estate is the most 'zombified' sector and rate hikes will be a risk . Miramar Capital . News Office For real estate technology news, Commercial Observer has everything you need to know about commercial real estate technology. Colliers represented Berry Shoals Industrial LLC, a subsidiary of a Chicago-based investment group, in the purchase of the building in September and leased it in just two weeks. Commercial real estate architecture is changing every year and each year with new materials, layouts, designs and market demands that dictate how the world of real estate develops. Commercial Real Estate Direct, founded in 1999 and a subsidiary of Trepp, is a daily news source covering the commercial real estate capital markets. After this reading, you . Annual investment returns for U.S. holdings in commercial real estate -- a sector favored by big pension funds -- hit an unprecedented high of 34 percent in 2005, the MIT Center for Real Estate announced today.. Each day, its seasoned staff of editors and. In the world of commercial real estate, employees are continuing to address the hurdle by returning to the office or adopting a hybrid work schedule by changing the way office space is used and. Meanwhile, venture investment into residential real estate tech dropped by less than 10% in that time, according to PitchBook data. The finding is one of many from a first-of-its-kind index, just unveiled by the center, that tracks the value of commercial real estate, which over the past 30 years has joined stocks . Wall Street Journal commercial real estate market news & analysis on development, construction & building, property investment, sales & leasing. Informing decisions through data and technology. A 2020 report from commercial real estate company JLL found four main factors are impacting the change in need for office space: remote work, office design, commuting patterns and technology. Office rents have more or less recovered from the huge slump that occurred at the start of the COVID-19 pandemic. NEW YORK, Nov. 12, 2021 /PRNewswire/ -- Keyway, a commercial real estate technology platform for small and medium-sized business owners, today announced a $15 million seed financing round led by Canvas Ventures with participation from Montage Ventures, FJ Labs, and Crosscut. Jan 21, 2022, 7:52 am EST. Data about properties, as well as Internet of Things (IoT) data about how a building operates, can be used to make operations more efficient, improve occupant (shopper, resident and patient) experiences and identify . Headed by developments in real estate technology trends, innovative technology is changing how we manage, rent, and engage with our properties. You'll also understand why the decline of home price increases and the rise in mortgage interest rates that marked 2018 are seen to result in changes in the US real estate market, particularly for homebuyers. August 16, 2021. Technology; Commercial Real Estate; Housing; Marketplace; The Mercury News; SUBSCRIBE NOW; 58°F; Today's e-Edition; Subscribe + Subscriber Services; Commercial Real Estate. 2021 was a record year for commercial real estate sales in the U.S., as investors scrambled to capitalize on how the pandemic is reshaping the economy.Driving the news: Commercial property sales totaled $809 billion in 2021, nearly doubling 2020's mark and topping 2019's $600 billion, according to Real Capital Analytics data reported by the Wall Street Journal.Get market news worthy of . Decision looms for huge downtown San Jose tech campus By George Avalos. NEW YORK, Nov. 12, 2021 /PRNewswire/ -- Keyway, a commercial real estate technology platform for small and medium-sized business owners, today announced a $15 million seed financing round led by. LOS ANGELES, Jan. 31, 2022 /PRNewswire/ -- Raise Commercial Real Estate (Raise), a technology-powered commercial real estate brokerage firm, announced that it has hired 13-year veteran broker Josh . Proptech is also known as CREtech for commercial real estate technology or REtech for real estate technology. First-Of-Its-Kind Hackathon Bridges Gap Between Tech, Commercial Real Estate Sep 15, 2016 Chuck Sudo, Bisnow Chicago Technology The technology real estate technology trend of using virtual reality is not a newsflash. "This property was a strong acquisition for us," Frank Beidler, director of investments . Tech companies claimed a 22 percent share of U.S. office-leasing activity in the second and third quarters combined, up from 17 percent for all of 2020. Tech news and trends for the commercial real estate industry with a side of humor. Technology is quickly emerging and shaping the future of real estate, and our coping with the pandemic is fueling the mass adoption of many new technologies. Here are the key findings from Deloitte's 2022 commercial real estate outlook: Despite some financial concerns and an evolving regulatory environment, optimism around fundamentals prevails. The indexes are based on comprehensive data on commercial property transactions prices from the New York-based RCA. Awareness and forward-thinking will be . Under the terms of the agreement, JMA Wireless will occupy 7,319 square feet SF. Commercial real estate news releases from Avison Young Quarterly and topical research insights to help your business gain competitive edge in commercial real estate. As the name suggests, few punches are pulled here. According to IBISWorld's latest report, the commercial real estate market is poised to grow by 3.8% in 2021, with a $1 trillion market valuation. . Also good source for sales and marketing tips. . ET Bureau. In making the announcement, MIT/CRE director David Geltner said, "The development of an active futures market, which does not currently exist for commercial property, would greatly increase the efficiency of the real estate industry. SIOR Pulse Blog 11 CRE applications to help smaller brokerages compete. Merchandise Mart owner plans another massive reboot as tech tenants migrate to Fulton Market . January 26, 2022 at 12:09 p.m. Technology continues to be a catalyst for change in all areas of business and industry, and the real estate market is no exception. Colorado Inno Apto raises $5M for commercial real estate software. Brokers warm up to co-working operators. The average demand pan-India, is expected to increase to 46 million sq ft during 2018-2021, as compared to 41 million sq ft noted in 2014-2017. Only a handful of niche markets escaped the COVID-19 pandemic relatively unscathed; industrial properties were supported by a boom in online spending, and the return to work has left office space far from obsolete. National commercial real estate news and headlines, including the latest transactions, deals, major leases, sales and promotions throughout the commercial real estate industry. The commercial and industrial real estate industry is undergoing an evolution. Largest Phoenix-Area Commercial Real Estate Appraisers. Discover 74 commercial properties for lease including offices, retail and industrial spaces. NOTE: Although an update states that the site is "taking a break from posting as of July 2016," there is still plenty of good info in the archives for a first . JMA WIRELESS to locate at 5755 Central Ave. Boulder based, The Colorado Group, Inc., a leading commercial real estate firm in Colorado, today announced that JMA Wireless has moved into 5755 Central Ave. for their Boulder office in Flatirons Park. Opens in new window. Zillow, an online real estate tech company, has been using this feature for years. The massive shift toward remote working last year led to speculation over the future of telecommuting - and the implications for commercial real estate. There are plenty of other worthy blogs and news sources out there, and we will continue to update this page with other sites that deserve recognition in the coming . Michael Beckerman with CREtech joins Michael to discuss the biggest trends in real estate technology, upcoming events, and tips for owners and property managers to get the most out of their tech. The Philadelphia investment manager bought the property through its Arden. One of its tools, Floored Plans, is a dynamic space planning tool that allows brokers, owners and tenants to space plan office floors and . Find the latest commercial real estate news, headlines, blogs and magazines about office listings, Industrial real estate, capital markets, and real estate markets from Transwestern. January 31, 2022 08:17 AM. A Dallas company providing technology tools for the commercial real estate industry landed more funding with some help from an established name. The startup was recently acquired by CBRE and has recently been since been rebranded as CBRE Build. Staying current is easy with Crain's news . Placer has roughly 800 customers in commercial real . Many real estate companies are turning to technology as a means of gaining an advantage. Based on CBRE's latest annual Tech-30 Report, the tech industry led a rebound in U.S. office-leasing activity in 2021, fueled by increased hiring and demand for tech products and services. It's going to be the truth since this estate tech trend has become popular. As many industries adapt to the disruptions caused by new technologies, real estate ventures into new territory. July 13, Chicago, IL and Sunnyvale, CA -- Today Commercial Real Estate (CRE) platform Truss and immersive media and virtual reality (VR) pioneer Matterport announced their partnership to provide commercial tenants with a completely new form of immersive 3D media when touring office spaces remotely on the . Vacancies on the market span all property types and building classes, and offer great variety in location-specific advantages. Tech sector driving Puget Sound commercial real estate market. 2021 was a record year for commercial real estate sales in the U.S., as investors scrambled to capitalize on how the pandemic is reshaping the economy.Driving the news: Commercial property sales totaled $809 billion in 2021, nearly doubling 2020's mark and topping 2019's $600 billion, according to Real Capital Analytics data reported by the Wall Street Journal.Get market news worthy of . The Real Deal publishes The Real Deal Magazine, which covers everything commercial real estate professionals need to know about the industry in New York and beyond. The Canadian commercial real estate industry creates and captures a lot of data. Its real estate ventures appreciated by 12% and its Core+ segment by 7.2%, The Real Deal reports. Start-up providing tech for commercial real estate gets new funding by Lincoln Property. and for us to email you about commercial real estate news and events. Today's worker is more mobile and more connected than ever before, which means that businesses can operate anywhere. New facility will create and consolidate capacity for over 3,000 employees focused on next generation technology, research and development, marketing, sales and . 2022 is the year where VR and AR will enter a mass property market. Especially in mature urban centres, the pushback against escalating real estate leasing and ownership costs is escalating. Below is our list of top CRE Blogs that are consistently producing thoughtful content about commercial real estate news, trends and ideas. 2014 may be the year the commercial real-estate industry begins to catch up as New York increasingly shows signs of becoming the epicenter of entrepreneurship in real-estate technology. This technology partnership, with a worldwide commercial real estate firm, demonstrates the market leading technology and other solutions that FTE delivers to our clients. The industrial building is located off S.C. Highway 101 near Interstate 85. Commercial real estate technology and software continues to grow and evolve at a rapid pace. As many industries adapt to the disruptions caused by new technologies, real estate ventures into new territory. Over the last decade, the commercial real estate market has transformed and matured, in the backdrop of policy reforms, institutional investments, foreign partnerships and growth in the services sector. Many . Jan 7, 2022. Dottid has attracted $4.5 million in a round that ended in December, according to a statement. Commercial Tenants Leverage Virtual Reality to Remotely "Walk Through" Properties. By using technology to help find markets and properties, Cadre takes away much of the difficulty involved in commercial real estate investing for investors across the nation. Technology companies counter the pushback by noting that their systems are designed to limit what they collect and anonymize the rest. Looking at the growing demand for flexibility, Karan Virwani, CEO, WeWork India said the company would expand its portfolio by one million square feet area with capacity of about 20,000 desks. Staying up-to-date with the continuously shifting CREtech and Proptech landscape is a challenge as more companies enter the picture every year and the demand for digital experiences continues to increase. Providing guidance on the task ahead is the primary goal of the following report. As pandemic-related shutdowns are phasing out, both segments are seeing renewed interest from . Stay up to date with the latest commercial real estate technology trends, news, products, services and platforms to run your business successfully. Be in the know with commercial real estate news regarding trends, market statistics, research, transactions and more, as well as the latest company news from JLL. Lagging behind has been the giant global commercial real estate industry. The Real Deal is a premier real estate news outlet in the U.S., reaching millions of professionals daily through digital, print, social media, and events. A Los Angeles-based real estate company sold a well-situated Mountain View research-and-development property it acquired five years ago, earning a 70% return on its investment. TJ Martinell. These property technologies, or proptech, have been extremely relevant during the pandemic and include remote transaction technologies, robotics, IoT devices, occupancy sensors, smart buildings, spatial monitoring, and energy management information systems. Technology could lead the way to an improved, safer and healthier work and hospitality environment in a post-COVID world. We're looking forward to demonstrating how our technology solutions will help equip one of the largest commercial real estate portfolios." Its real estate investment trust and its Core+ business accounted for the majority of those increases. Nov 12, 2021 Updated Nov 12, 2021 Keyway By Keyway NEW YORK, Nov. 12, 2021 /PRNewswire/ -- Keyway, a commercial real estate technology platform for small and medium-sized business owners, today. Commercial Real Estate Direct Staff Report Arden Group has paid $106.29 million, or $333/sf, for 136 Center, a two-building office property with 318,832 square feet in Draper, Utah. These days, companies . The commercial and industrial real estate industry is undergoing an evolution. January 20, 2022 in General News. EeroQ, which is designing a commercial quantum computer chip, is the first firm to plant its flag at the Terminal, a $50 million West Side development backed by billionaire Morningstar founder Joe . Here, we present to you the latest real estate trends for 2019 including research results that have many pundits remaining confident of the real estate market. WeWork India revenue up 33% at Rs 800 crore in 2021. Although it may be worth trillions of dollars, the way buildings are designed and constructed has barely altered during . Get the latest news here. The word News The word Reviews . Real Estate Forum Apto named among industry "Influencers in Technology" GlobeSt. Ranked by # of commercial appraisal jobs completed in 2021. . VTS Data is the only pulse on what is happening in the market today, capturing active . Floored was a venture-backed commercial real estate technology company focused on visualizing space in 3D. Commercial Real Estate Technology 2021 with CREtech Air Date: 11/02/2021. The new technology on the "block" The commercial real estate (CRE) industry appears to take pride in keeping several aspects of its operations secret, such as comparable lease rental rates, property prices, and valuations, to create a possible competitive advantage. Technology. While Zillow, Redfin and similar platforms have transformed the residential real estate industry, the estimated $16 trillion U.S. commercial real estate industry has been slow to adopt similar innovations. As a result, 2020 global VC deal flow into commercial real estate technologies fell nearly 80% compared with 2019. The commercial real estate industry has made some real progress on this front, but more needs to be done. For the duration of the pandemic, the outlook of the commercial real estate sector was bleak. A real estate development partnership is readying a decision about when -- or whether -- to launch construction of a huge tech campus proposed for downtown San Jose, executives said Wednesday. The real estate and property industry has resisted change for a long time but is now being disrupted by some major technology trends, including big data, artificial intelligence, augmented reality . Proptech, or property technology, will continue to drive real estate's rapid growth by unlocking new efficiencies for real estate professionals across all verticals. Eighty percent of respondents expect their institution's revenues in 2022 to be slightly or significantly better than 2021 levels. LOS ANGELES, Jan. 31, 2022 /PRNewswire/ -- Raise Commercial Real Estate (Raise), a technology-powered commercial real estate brokerage firm, announced that it has hired 13-year veteran broker Josh. Workforce trends, globalization, and urbanization are reshaping tenant preferences, and a range of new digital and AI technologies are helping commercial real estate (CRE) companies meet those needs and prioritize end-user experiences, according to survey results in Deloitte's 2020 Commercial Real Estate Outlook.The report drew on a survey of 750 CRE executives in 10 countries to assess how . Tech-Oriented Cities Have Thrived During The Pandemic. It usually refers to the software employed in real estate tools and applications. Mar 8, 2021 Dees Stribling, Bisnow National . Provo, UT Commercial Real Estate Listings Summary There is currently a total of 3,263,385 square feet of commercial space for lease or for sale in Provo, UT across 93 listings and 115 unique spaces. Commercial real estate; Residential real estate . However, secrets are hard to keep—and Avison Young continues to grow technology platform, providing premium service delivery to clients Commercial real estate properties for lease and sale in Newport News, VA. Each . Chicago's original leading source for commercial real estate news, analysis, trends, events and resources in office, industrial, retail, multifamily, hotel, healthcare and net lease property sectors. The Top Commercial Real Estate Blogs. in advancing tech in the industry throughout the year and are backed by the leading voices and thought leaders in the commercial real estate tech industry. Nov 12, 2021, 09:00 ET NEW YORK, Nov. 12, 2021 /PRNewswire/ -- Keyway, a commercial real estate technology platform for small and medium-sized business owners, today announced a $15 million seed. NEW YORK, NEW YORK — October 6, 2020 — VTS, the commercial real estate (CRE) industry's leading leasing, marketing, and asset management platform, today announced the availability of VTS Data, the industry's only forward-looking market data product. Commercial real estate sector recovery driven by incentives. Commercial Property Executive is the leading integrated resource for executives and companies that own, invest in, develop, lease and/or manage commercial real estate. A new report by Coldwell Banker Richard Ellis (CBRE) found that leasing activity in the Puget . Midwest Real Estate News Using new tech to boost productivity, accelerate deals . Canvas Ventures General Partner, Rebecca Lynn, also joined Keyway's board. Technology and real estate companies alike recognize it, and 53% of real estate owners say they don't have the in-house talent to adopt technology . Commercial real estate companies today that are not looking closely at incorporating tech innovations are now the exception and are viewed by industry experts as those that likely aren't going to be successful. Headed by developments in real estate technology trends, innovative technology is changing how we manage, rent, and engage with our properties. Six months through 2021, VC deal activity in residential real estate tech has already reached an annual record of $6.2 billion, according to PitchBook data.

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