Day two of the CRETech New York conference wrapped up on Thursday, as speakers discussed the potential of proptech to disrupt the industry.
Marriott described the property as an “incubator and catalyst for a new vision” for the brand in North America.
Few new retail centers are under construction. Those that are involve either neighborhood shopping centers or mixed-use projects.
The conference, taking place in New York this week, is covering everything from IoT to coworking spaces.
The deal is valued at $20 million.