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PLACE

place.com

Founded Year

2020

Stage

Incubator/Accelerator | Alive

Total Raised

$100M

About PLACE

PLACE delivers an end-to-end suite of software solutions and business services for the real estate sector that include administrative support, marketing and branding, lead generation, accounting, legal, Human Resources, and more. The company was founded in 2020 and is based in Bellingham, Washingotn.

Headquarters Location

2211 Rimland Drive Suite 124

Bellingham, Washington, 98226,

United States

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Expert Collections containing PLACE

Expert Collections are analyst-curated lists that highlight the companies you need to know in the most important technology spaces.

PLACE is included in 2 Expert Collections, including Real Estate Tech.

R

Real Estate Tech

2,258 items

Startups in the space cover the residential and commercial real estate space with a focus on consumers. Categories include buying, selling and investing in real estate (iBuyers, marketplaces, investment/crowdfunding platforms), and also tenant experience, property management, et

U

Unicorns- Billion Dollar Startups

1,204 items

Latest PLACE News

Amazon Names New VP Of Global Corporate Real Estate

Jan 26, 2023

Courtesy of Amazon Amazon's former Vice President of Global Real Estate and Facilities John Schoettler speaking at a fundraising event for Seattle nonprofit Mary's Place in 2018. Amazon has tapped a Harvard -educated designer with experience in drafting municipal land use policies as its new vice president of worldwide corporate real estate and facilities. Amazon named Shannon Loew to the position previously held by John Schoettler , who will remain with the company, the Austin Business Journal reported . Loew’s hiring comes as Amazon begins a “years-long transition” that will lead to Schoettler’s eventual retirement, the ABJ reported, citing anonymous sources. Amazon’s previous real estate director under Schoettler, Patrick Miller — who joined the Seattle giant in 2018 — left at the end of last year and became the senior director of global workplace services for Snap Inc.,  according to his LinkedIn profile . Loew founded FIX Impact Development in 2008, a Seattle-based real estate design firm that marries design, policy and strategic management projects, according to his LinkedIn profile . With FIX, Loew focused on helping developers with urban redevelopment projects, helped formulate land use policies for cities, designed construction industry products and launched affordable housing endeavors, according to her LinkedIn page. She was previously chairman of the Seattle Design Commission when Amazon developed its downtown office campus, ABJ reported. Loew received a Master of Architecture from the  Harvard University Graduate School of Design. Loew’s hiring comes as the online retail giant has been wrestling with a bloated real estate portfolio, especially its warehouse empire, which skyrocketed during the depths of the pandemic . Last year, Amazon reduced its planned and operational warehouse uses by 30M SF through subleasing warehouse space, canceling leases in exiting older, smaller warehouses or scrapping plans to occupy new deals, according to an analysis by MWPVL and Green Street . MWPVL, which tracks the e-commerce's real estate moves, found that Amazon still has up to 20% excess industrial capacity in the U.S. Schoettler is largely credited for growing Amazon’s real estate empire , pushing the office portfolio from 1M SF when he started in 2001 to more than 44M SF across 400 offices in 54 countries. He was also heavily involved in the Amazon HQ2 process, representing the company in heated community meetings after it chose  Arlington, Virginia, and New York City in 2018 as cities in which to build two new headquarters. After months of heavy pushback , Amazon canceled its 25,000-job commitment to Queens. It has since opened  huge offices in Manhattan without a public sweepstakes. Amazon  announced earlier this month plans to cut 18,000 jobs, the largest number of layoffs for any of the big tech headcount reductions announced this past year. It is as yet unclear what that entails its vast office footprint — Microsoft, Meta and Salesforce have all announced plans to  reduce their real estate footprints alongside their headcounts. Contact Jarred Schenke at jarred@bisnow.com

PLACE Frequently Asked Questions (FAQ)

  • When was PLACE founded?

    PLACE was founded in 2020.

  • Where is PLACE's headquarters?

    PLACE's headquarters is located at 2211 Rimland Drive, Bellingham.

  • What is PLACE's latest funding round?

    PLACE's latest funding round is Incubator/Accelerator.

  • How much did PLACE raise?

    PLACE raised a total of $100M.

  • Who are the investors of PLACE?

    Investors of PLACE include NAR REACH, Goldman Sachs Asset Management and 3L.

  • Who are PLACE's competitors?

    Competitors of PLACE include Compass and 1 more.

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