Orange County Office Market Sets
New Records In 2017
Orange County's office market has had a strong year, setting records for office sale volume and grabbing the top spot in the nation for office rent increases.
Office sales activity for properties with 50K SF or more hit new records based on the first three quarters of the year, according to JLL. Total sales volume reached $1.9B for those three quarters, surpassing the previous record of $1.7B…
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The Robots Are Coming For Data Center Operators
“Machines are getting and have been exponentially advancing their abilities and expertise on a year-to-year basis,” LitBit CEO Scott Noteboom said.
LitBit has created AI personas that essentially act like hundreds of employees monitoring data center or other workplace operations,…
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Real Estate Professionals Push Back Against FCC's Move To Repeal Net Neutrality Rules
The real estate industry is rallying against the Federal Communications Commission's plan to roll back regulations that aim to keep the internet open and easily accessible to all.
FCC Chairman Ajit Pai revealed plans on Tuesday to repeal net neutrality laws enacted in 2015 under former President Barack Obama. The regulations call for internet providers to treat all data on the internet the same — this prohibits providers like AT&T,…
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WeWork Could Be Branching Into The Retail Sector
WeWork is preparing to launch its own brick-and-mortar retail concept.
Though the plan remains somewhat hazy, sources told The Real Deal that planning for WeWork's venture into retail has been underway for the past six months and is becoming a priority for the company. Sources said the retail model could resemble the company's…
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Alibaba And Singles Day Make Black Friday Look Small And Show The Future Of Retail
Singles Day may be an invented holiday, but Nov. 11 in China gives an indication of how retail will evolve globally over the next decade. And Alibaba is the company to watch.
The numbers posted by e-commerce giant Alibaba on Singles Day — a holiday created as an antidote to China's Valentine's Day, which has caught on big time — in 2017 are mind-boggling. Alipay, the company's payments system, processed $25B of payments, more than four times what the entire U.S. spent on Black Friday weekend and Cyber Monday in 2016.
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7 Juicy Headlines You May Have Missed Over Thanksgiving Weekend
Though commercial real estate news remained sparse this Thanksgiving weekend as Americans stuffed their faces and then recovered from food and family, Bisnow gathered a handful of major headlines you likely missed due to Turkey Day.
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