How Bractlet's Building-Model Tech
Beats Everyone Else's
Bractlet, whose software uses Internet of Things sensors to create super-accurate commercial building simulations, helps owners optimize energy use and forecast savings. CEO Alec Manfre outlines his plan to take the Austin startup nationwide.
Manfre, recently named one of Forbes' 30 Under 30 in Energy, said Bractlet is in 30 properties totaling 20M SF, and the firm is working with groups across Texas, including Parkway Properties, CIM Group and HPI Real Estate Services. Bractlet…
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Deal-Facilitating Platform RealConnex Raises $3.5M
RealConnex just closed on a $3.5M strategic financing round that founder Roy Abrams said will help his firm — the world's first B2B platform connecting CRE pros with capital and investments — expand its user base and drive deal flow.…
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E-Commerce Is Dominating Industrial Leasing Across The U.S.
E-commerce companies dominated leasing activity for new industrial product in the development pipeline across the U.S., with tenancies averaging more than 330K SF, according to JLL's new nationwide industrial market report. Mega-box and big-box spaces continue to be in high…
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From Super Bowl Concerts To Disney World: How Architectural Lighting Is Transforming CRE
It is called mood lighting for a reason: indoor and outdoor lighting is integral to how people feel in a space. And it exists everywhere, from nightclubs in downtown New York City to the flashing LED lights in sold-out concert venues,…
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Snapchat's Real Estate Strategy Makes Corporate HQs Seem Like Dinosaurs
For many of today's companies, where they — and their employees — are working is often less important than the work they do. This emphasis on the final product, particularly in the tech field, but also in others, is driving demand for companies that operate more in a virtual space.
The pendulum has been swinging in recent years with many big corporations, including Best Buy, IBM and AT&T, opting for more of a results-only work environment where employees do not have to physically be at work, according to Purdue University…
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Struggles Of Nation's Largest Freestanding ER Operator A Bad Omen For Once-Booming Sector
Wall Street was shocked last week when Adeptus, the largest operator of freestanding emergency centers in the nation, filed a Non-Timely 10-K with the Securities and Exchange Commission. VMG Health managing director John Trabold experienced the industry's fundamental problem firsthand.
“I love my Millennial son and he's not here so I'm going to bash him a bit. When he had an earache, he went to a freestanding emergency department,” Trabold said at Bisnow's Big South Healthcare event. His son's bill was so large he could not afford the cost himself. “I learned a lesson, not him, because I got the bill. I couldn't believe it was $2,600 for an earache.”
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Why Trump's Immigration Policies Could Set Back U.S. Tech Innovation And Scientific Discovery
Leaders in science and tech innovation are concerned that President Donald Trump's immigration policies could initiate a future brain drain at U.S. tech firms and research centers, stifling innovation and growth.
Immigrants come to America seeking economic and professional opportunities, education or asylum. The world has long viewed America as an open society that welcomes people from diverse backgrounds, but the campaign rhetoric, election, and subsequent travel ban and changes in immigration…
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The Real Estate Bubble Could Lead To Thriving City Centers In Secondary Markets
As the first quarter of the year nears its end, publicly traded retailers are reporting Q4 earnings that not only missed analyst estimates, but reflected a decline in same-store sales that has led to a huge wave of store closures rivaling that of the recession.
CEOs are saying the bubble has burst and commercial real estate experts are in agreement, saying retailers today are paying the price for lofty expansion plans set in motion during the early 2000s.
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