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Thanks to the rapid pace of technology, data centers are primed for significant growth over the next few years. Mobile computing, the Internet of Things and cloud computing are driving significant demand in the data center industry, according to Cushman & Wakefield Senior Director and Data Center Practice Leader Gene Williams. 
"We're going to see continued growth in the segment for years to come,” Williams said. Cushman & Wakefield estimates multi-tenant revenue growth will be 12% to 14% each year for the next two to five years. A majority of the…
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San Francisco Mayor Issues Order To Speed Up Housing Approvals
San Francisco Mayor Ed Lee issued a directive Wednesday that would cut the housing application process in half. The mayor issued an executive directive with a goal of speeding up the approval and permit process and completing 5,000 new and…
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San Francisco Opens Its Largest Affordable Housing Development In Mission Bay
The City of San Francisco and Related California have completed the largest 100% affordable housing development in the city in over a decade. The Mission Bay community called Five 88 is at 588 Mission Bay Blvd. North and offers 198…
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Digital Currency: 4 Reasons Why CRE Is Still Slow To Adopt BitcoinThe cryptocurrency known as bitcoin is catching fire. The digital currency reached record high prices in the last two months and is being used by major players in several industries, including Goldman Sachs, American Express and Shopify. The same cannot be said for commercial real estate. What is the holdup? What concerns and challenges are keeping the commercial real estate industry from using this digital currency for property transactions en masse? |
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Artificial Intelligence Takeover: 11 Companies Transforming CRETechnology is advancing faster than ever before, and while commercial real estate has traditionally been slower to embrace these trends, the industry is now incorporating it at a rapid pace — and the benefits for the industry are seemingly boundless. Artificial intelligence in particular and the ability to collect and store a lot of data has impacted property markets greatly. Here are 11 AI technology platforms helping to improve efficiency, security and the overall customer experience in the industry today. |
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