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Commercial Real Estate News for Friday, June 30

Good afternoon investors! In today’s exciting news – we’ll look at the impact of e-commerce growth on the logistics sector, the impact of big data on the commercial real estate industry, whether CoStar is operating as a monopoly and much more.

What to Expect from the Logistics Sector as E-Commerce Grows Up

Overcapacity in the container shipping industry and greater use of technology in manufacturing, retail and logistics industries are disrupting the sector.

Big Data Having Big Impact on Commercial Real Estate Industry says CapStack Partners’ CEO, David Blatt

In the real estate industry, Big Data continues to become an integral part of the investment and operational process. The use of technology to analyze and make sense of large data sets has never been stronger.

It’s the second-straight year that first half figures have been down after a strong first six months of 2015.
CoStar is denying allegations brought by Missouri-based competitor Xceligent that it has engaged in monopolistic business practices, asserting the real issue is one of the unlawful use of its own proprietary content.
The U.S. government plans to sell  a midtown Manhattan office formally owned by an Iranian charity, which is valued at more than $500 million, and distribute much of the proceeds to victims of Iran-sponsored terrorist attacks.