Steven Quick, who has spent the past seven years as a top executive at commercial real estate giant Cushman & Wakefield, and Michael Casolo, who’s worked at JLL, Cushman & Wakefield, and the hedge fund Bridgewater Associates, have just joined the global workplace design-build firm Unispace. The company, which has designed and built out offices for companies including Airbus, Sonos, Michael Kors, and the Salvation Army, is a new kind of one-stop shop for office real estate. Founded in Australia in 2010, Unispace has grown to 46 offices and design studios in 25 countries. Quick will be the company’s global CEO, and Casolo its chief revenue officer. … [Read more...] about Are offices dead? Not yet, but real estate power brokers are betting on a new strategy
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The first community land trust in rural Georgia in 1970 was established on land purchased by a small group of individuals with some federal grant assistance and became the largest single piece of land in the country owned by African Americans, who got to keep all the proceeds from their labor. Although the trust, New Communities Inc., was beset by drought and discrimination from the start and was forced to close by the late 1980s, it helped inspire people to create similar organizations across the country. … [Read more...] about This old but innovative form of real estate deal could help heal segregated cities
National: The Wildfires Story Map from Esri, a spatial analytics firm, lets you search active wildfires by name or by zooming into specific areas. Large fires affecting areas of at least 139,000 acres are represented by glowing orange bulbs. If you take an overview of the country, you can see several of these bulbs up and down the West Coast. Alternatively, Esri’s disaster response map displays live wildfire information and lets you search by location or agency. California: The map tool from the California Department of Forestry and Fire Protection, or Cal Fire, offers information on containment efforts, local evacuation orders, and fires by location. Oregon: The state’s Department of Forestry has a map of large active fires, along with historical fire information. Pacific Northwest: The Northwest Interagency Coordination Center is a good hub for fire maps covering Oregon and Washington, along with up-to-date information. Ditto for the Northwest Fire Science … [Read more...] about California, Oregon, and Washington live wildfire maps are tracking the devastation in real time
“This metro station will ease the traffic situation on the Outer Ring Road, leading to the International Airport. We are very happy to associate with BMRCL for this second metro project and look forward to continue supporting the creation of world-class public transportation in Bengaluru,” said Aditya Virwani, chief operating officer, Embassy Group. … [Read more...] about Embassy Group signs MoU with BMRCL for Bettahalasur Metro Station
Some companies with leases that are ending this year or next appear to be kicking the can down the road, signing short-term extensions rather than committing to typical deals that last several years. In recent weeks, NBC Universal extended a lease for a secondary office at 1221 Avenue of the Americas and the Stroock & Stroock & Lavan law firm did the same for its office downtown. But they both did so for just a year, according to Colliers. A spokeswoman for NBC Universal declined to comment and Stroock & Stroock did not return a call and multiple emails. … [Read more...] about COVID-19 | Manhattan’s office buildings are empty. But for how long?