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October 18, 2021

Fixing What Ails The E-Commerce Supply Chain 'Like Turning An Aircraft Carrier'

[In-Person] Portman Residential's Harvey Wadsworth & RangeWater's Brian Oates give multifamily development update Nov. 18

For more than a year, companies have been racing to lease more and more warehouse space across the U.S. as they build out their logistical supply networks in the face of surging e-commerce demand.

But the coronavirus pandemic has shown a weakness in that strategy: The systemic issues plaguing the shipping industry today stem from a critical shortage of workers facing many industries, a shortage that diminishes shipping and trucking capacity at a time when retailers are racing to get the product on store shelves and to consumers’ front porches.

Fixing What Ails The E-Commerce Supply Chain 'Like Turning An Aircraft Carrier'

It's a problem that won't be solved by Christmas.“Fixing this holiday, it's literally like turning an aircraft carrier. I mean, what can you really do at this juncture?” said Adam Roth, the director of the commercial real estate brokerage firm

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Industrious Takes Over Downtown Atlanta WeWork Location

Industrious Takes Over Downtown Atlanta WeWork Location

One coworking giant is taking over some of the Downtown Atlanta space vacated by another.Industrious has taken over the operations of 20K SF of WeWork's former footprint at 101 Marietta…

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A Different Beast? Analysts Weigh In On How WeWork Will Fare When It Finally Goes Public

Real estate companies don’t usually enter the general consciousness. But WeWork’s attempt to go public in September 2019 at a $47B valuation is one of the biggest failures in recent financial history — a miss so hubristic and spectacular, it spawned books, documentaries and soul searching about the Silicon Valley business model.

It almost broke the company, to boot. 

Now, a little more than two years later, it’s back. Barring any last-minute and highly unlikely disasters, the shareholders of a special acquisition company called BowX will vote Tuesday to agree a deal to merge with WeWork and turn it into a listed company. On Thursday, shares in WeWork will start to trade on the New York Stock Exchange and WeWork will finally achieve its aim of becoming a listed company, with an initial valuation of $9.2B. 

It’s a big moment for WeWork and an even bigger moment for SoftBank, the Japanese tech firm that has ploughed $18.5B into the flexible office company and stands to finally get some of it back. For WeWork itself, the strategy won’t change, but the real estate sector will have a vital insight into how flexible offices, a fast-growing sector, are really performing.

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The War For Top CRE Talent Is Heating Up. Here Are 4 Tips To Help Employers Win

PRESENTED BY:   Bisnow
 
The War For Top CRE Talent Is Heating Up. Here Are 4 Tips To Help Employers Win  

Despite the ongoing pandemic, the commercial real estate industry is on an upward trajectory. There are approximately 3.5 million CRE employees nationally, a 2.9% increase over last year. As the industry continues to ramp up, now is the time for CRE employers to assess their processes for hiring and retaining…

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How Blackstone Picks Proptech Firms To Fund And Where It Will Be Looking Next

Every quarter, Blackstone gathers heads across its portfolio companies and asks them something simple: Where are all the challenges in the business? 

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Labs Are Getting Smaller, Smarter And Forcing Landlords To Pivot Quickly

 

Downsizing, automation and outsourcing are usually assumed to have the most drastic effects on lower-wage and lower-skilled workers. But these forces have impacted the most high-tech life sciences labs in the nation, and many in the industry already see how biotech and lab space development and operations are shifting as a result. 

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