PropTech Is Not A Competitive Edge,
It's A Necessity
Tenants want technology that can connect them to their environment, help them connect with each other and increase efficiency, and developers are taking note. But do not think of it as a unique advantage.
“Tech is an imperative,” The Swig Co. Executive Vice President and Director of Asset Management Deborah Boyer said during DisruptCRE in San Francisco. “It's not something that gives a competitive edge. You're going to be way left behind if you're…
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Starwood Capital Invests $250M In Micro-Hotel Chain Yotel
Starwood Capital Group has invested $250M in Yotel and acquired a 30% stake in the company. Starwood is investing in real estate acquisitions for new build, hotel conversion and adaptive reuse properties as Yotel expands internationally. Yotel is expanding into San…
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4 Things To Know About ALTA Land Surveys
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AEI Consultants |
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The American Land Title Association survey is a nationally standardized land survey that reveals the improvements, boundaries, encroachments, easements, water features, rights of way and restrictions of a particular property. The ALTA land survey provides extended coverage by removing the "standard survey exception" from a property's title insurance policy that would normally exclude cases like encroachment and boundary issues.
Here are four things to know before purchasing an ALTA survey.
1) Who needs an ALTA survey and why?
A commercial property purchaser's lender requires an ALTA survey. It is the buyer's responsibility to purchase and follow through with a survey; the seller's responsibility is the title policy. A U.S. bank will…
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Energy Tech Company Expands Into Alameda
Kairos Power has signed a new 55,757 SF lease at West Tower 9 in Alameda. Cushman & Wakefield represented srmErnst Development Partners and the tenant for the lease at 707 West Tower Ave. The energy technology and engineering company is…
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Google Glasses Resurrected As Tool In Manufacturing, Construction
The glass, which resembles eyeglasses, is a wearable computer that transmits information into a wearer's line of sight. Google Glass hit the market with a bang when Google first announced the launch back in 2012, but it did not take long…
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Sink Or Swim: How 13 Retail Segments Will Survive The E-Commerce Onslaught
It is the survival of the fittest in the retail sector. Only those best positioned to embrace consumers' changing shopping patterns and accommodate e-commerce will survive the seismic shift.
JLL estimates e-commerce sales will grow at an annual rate of 15.5% between 2015 and 2020. Already, online sales account for 8.9% of overall retail sales, which came in at $1.3 trillion as of Q2, according to the U.S. Census Bureau.
Bisnow dissected JLL research on how 13 retail categories are handling the pressure, and whether they will successfully make the shift online.
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