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March 11, 2019

The Incredible Shrinking Data Center

As individual computers and electronic devices become more powerful, the demands on data centers are changing. While data centers are still critical, centers are becoming smaller and more spread out geographically thanks to higher-powered devices that can now process on the edge.

Processing on the edge, also called edge computing, refers to more data being processed closer to where it is created on devices that are becoming more and more powerful. This allows businesses and organizations to analyze data more quickly, rather than waiting for it to transfer back and forth to a data processing center.

The Incredible Shrinking Data Center

This evolving phenomena is due in part to a lower tolerance of latency from both consumers and companies and the increase of data itself, Intel Technical Program Manager Amith Pulla said. Pulla will be part of a panel at Bisnow’s DICE Northwest event March 26. “For…

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Seattle-Based Knock Raises $10M In Funding

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Knock, a Seattle-based tech company that serves the commercial real estate industry, has raised $10M in Series A funding in a round led by Madrona Venture Group. The new funding brings the company’s total capital raised to $15.5M. Knock provides customer relationship management tools for apartment buildings.…

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Centeris Seattle, ScaleMatrix Open First-Of-Its-Kind Data Center In Pacific Northwest

Centeris Seattle, ScaleMatrix Open First-Of-Its-Kind Data Center In Pacific Northwest  

ScaleMatrix, provider of variable and high-density co-location facilities, recently announced the opening of its new facility in the Seattle area in partnership with Centeris. Centeris is a data center provider in the Pacific Northwest owned by Benaroya Co. ScaleMatrix opted to expand into Seattle due to the area's reputation as…

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Bellevue's Avid Townhome Development Brings In $40M So Far

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Intracorp's Avid townhome development in Bellevue has experienced strong sales.  Just three of the 49 townhomes are still available. Prices for those three start at $829K. The remaining homes range from 1,500 SF to 1,600 SF. To date, the home sales in the development have…

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Multifamily Still The King Of Investment Volume, But This Year Could Be Different

Investors haven't lost their appetite for U.S. apartment properties, with investment sales up 15.1% to $167.5B in 2018 compared with the year before, according to a new report by JLL

Multifamily was the most actively traded U.S. real estate asset class for the third consecutive year, as investors continue to be wooed by multifamily's strong performance in occupancy and rent growth.

But 2019 might be different. 

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'Don't Freak Out': Economists React To February Jobs Report On Twitter

Nonfarm payroll employment increased by 20,000 jobs in February, the U.S. Bureau of Labor Statistics reported Friday, marking the country's 101st straight month of employment gains. 

The unemployment rate fell to 3.8% after rising to 4% in January.

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Women In Construction Week: 5 Questions With Morgan's Helena Finley

 

Morgan Vice President of Central Region Construction Helena Finley never has the same type of day. Some days she is in the field helping the team resolve problems. Other days she is in meetings discussing, planning and designing future projects.

She is responsible for all of Morgan's projects in Texas and Colorado. In the last 14 years, she has managed 23 major multifamily projects totaling close to 5,500 units valued at $578M. Projects include Pearl Midtown Residences and Whole Foods, the Pearl CityCentre projects, Gables Memorial Hills, Gables Park Plaza in Austin and Post 510 Richmond.

Finley said none of this would have been possible if her previous employer, a Houston-based construction company, did not intentionally focus on her skill set and previous experience as a leader, planner and budgeter and not her gender or her interest in the construction field. 

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