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Data is fast becoming an integral part of property management, and owners and operators are gathering more information about everything from water and energy consumption to building-operations systems. 
Instead of just collecting data to gauge energy and resource consumption and finding ways to save energy, operators and tenants are asking more holistic questions, Lucid CEO Will Coleman said during a Bisnow event Tuesday. Lucid is a tech-enabled platform that aggregates data and…
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Leasing Underway At Bay 101 Technology Place In San Jose
CBRE is actively leasing a new office complex in North San Jose. Bay 101 Technology Place, a mixed-use, high-rise project at 1740 North First St. is an entitled nine-story 245K SF Class-A tower. The leasing team includes CBRE Senior Vice…
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UCSF Plans New Hospital Rebuild With Recent Donation
A $500M donation from the Helen Diller Foundation will help UCSF rebuild its Parnassus Heights Hospital in the Inner Sunset District of San Francisco. The educational and health institution will begin planning to rebuild the hospital by 2030 following state seismic…
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Opportunity Zone Program Could Be A Boon For Developers In Distressed CommunitiesBoston Capital's Jack Manning sees potential in the so-called Opportunity Zone, a little-known provision slipped into the recent Tax Cuts and Jobs Act tax reform legislation. Manning said placing money in an opportunity fund — a special kind of investment vehicle that raises capital in communities designated as distressed or qualified opportunity zones — could help offset some cost as interest rates rise. |
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Development Data Startup Charts Nationwide ExpansionA D.C.-based commercial real estate data startup that tracks development projects has expanded to four cities since its March launch and has several more on the horizon, but it has yet to raise any outside money. Recity, founded by entrepreneur and real estate investor Guggan Datta, in September had been looking to raise $1.5M to fund its expansion. Datta, who has self-funded the business up to this point, saw revenues picking up and ultimately decided not to raise money. |
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Caught Between A Robot And A Cool PlaceThe impending tide of automation for many warehouse tasks is looming on the horizon and the competitive labor market conditions are causing industrial developers to make tough calls on how to design their buildings to attract workers. As the industrial asset class soars with demand from population growth, a good economy and the advent of e-commerce, labor for industrial operations is in high demand. Tenants are asking developers to make industrial spaces more worker-friendly so they can compete for a dwindling number of workers in the labor pool. |
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8 Things You Need To Know About The Real Estate Retreat Redefining Dealmaking
Once a year, a carefully curated group of commercial real estate's best and brightest converge to build bonds, share experiences and explore conversations beyond the industry. Welcome to Escape. What began as an answer to the lack of networking platforms…
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