News

26
Oct

As WeWork goes public, here’s what its executive chairman and CEO think about the future of work and the company

You might have seen Hulu’s WeWork documentary by now. After originally being valued at $47 billion, the company is going public this month under “WE”  ticker, being valued closer to $9 billion. Read below to hear what Marcelo Claure, WeWork’s chairman has to say about going back to work and the future of the company....
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19
Oct

Tesla To Relocate Headquarters to Austin, Texas, From California

After a positive test-run in Austin, TX with Tesla’s Gigafactory factory, the decision to move headquarters from Palo Alto to Austin has been made. Musk announced last Thursday that a $1.1 billion manufacturing plant is in the works. What will this mean for Austin real estate? Read the full article here: https://product.costar.com/home/news/shared/1180321570?utm_source=newsletter&utm_medium=email&utm_campaign=personalized&utm_content=p1&t=eyJhbGciOiJIUzI1NiIsInR5cCI6IkpXVCJ9.eyJjb250YWN0SWQiOiI0ODE0OTc1IiwiY3VsdHVyZUNvZGUiOiJlbi1VUyIsImlhdCI6MTYzMzcwMTY1OH0.6igsNwXOwEb-3PYvkVW6CCpCIgP9bS69-RwXWtu9fU4    
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04
Oct

China’s embattled developer Evergrande is on the brink of default. Here’s why it matters

With Evergrande consumed with nearly $300 billion worth of debt, what are the next steps for China’s second-largest property developer and who could be affected in the fallout?   https://www.cnbc.com/2021/09/17/china-developer-evergrande-debt-crisis-bond-default-and-investor-risks.html?__source=iosappshare%7Ccom.apple.UIKit.activity.CopyToPasteboard
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27
Sep

Google plans to buy New York office building for $2.1 billion

While many of Google’s employees are still practicing WFH, the company plans to purchase the St. John’s Terminal building which will mark this as “the most expensive purchase for any single U.S. office building since the pandemic’s inception.” Could this mean there are brighter days ahead? Read CNBC’s article here: https://www.cnbc.com/2021/09/21/google-plans-to-buy-new-york-office-building-for-2point1-billion.html
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22
Sep

Here’s how businesses can measure and reduce their carbon footprint

As companies work towards net-zero emissions, accurate KPI’s for measuring the overall carbon footprint is crucial. Watch the video to learn new ways to measure and report on these metrics.   https://www.cnbc.com/video/2021/09/15/why-the-market-for-emissions-tracking-software-is-exploding.html?__source=iosappshare%7Ccom.apple.UIKit.activity.CopyToPasteboard    
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13
Sep

Salesforce offers to relocate employees and their families after Texas abortion law goes into effect

Companies such Salesforce, Bumble, Lyft and Uber react to the Texas Senate Bill 8. The effect is widespread as employers try to do what’s right by their female employees and families. Read more about the actions these companies are taking. https://www.cnbc.com/2021/09/10/salesforce-offers-to-relocate-employees-from-texas-after-abortion-bill.html?__source=iosappshare%7Ccom.apple.UIKit.activity.CopyToPasteboard  
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30
Aug

$2.3 billion GreenCity arena-anchored mixed-use development is in the works in Virginia

Henrico County, Virginia is going green as a new proposed “ecodistrict” is in the works. The proposed new GreenCity development plans to have a total of more than 2,000 residential units, 1.85 million square feet of office space, a 17,000-seat sports and concert arena and two full-service hotels. The project also would have a 40-acre...
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24
Aug

More than 250 companies circling Austin area

We’ve only seen the beginning of the headquarters relocation in Austin, Texas. The Austin Chamber of Commerce says hundreds of business are planning to move to Austin and it’s surrounding areas in industries such as software and information technology, manufacturing and distribution, automotive, clean technology and finance and insurance. Click below to learn more about...
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17
Aug

Housing boom is over as new home sales fall to pandemic low

According to the U.S. Census Bureau, newly built homes have surprisingly dropped to the lowest price we’ve seen since April of the pandemic. Analysts were expecting new home sales to increase by 3.4% in the month of June, and are looking into why factors could be responsible for this new low.       https://www.cnbc.com/2021/07/26/housing-boom-is-over-as-new-home-sales-fall-to-pandemic-low.html?__source=iosappshare%7Ccom.apple.UIKit.activity.CopyToPasteboard...
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