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Podcast

Ep. 14 | PropTech 3.0: Tokenization, Last-Mile Runners, and the Comeback of Class B Buildings

October 28, 2025

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Blockchain is finally making its way into commercial real estate. Deloitte claims $4 trillion worth of property could be tokenized by 2035 — a bold forecast that has everyone from brokers to blockchain believers talking. Whether it’s a revolution or just another consulting daydream, it’s the biggest shift the industry’s seen in decades.

In this episode, we explore how technology, capital, and culture are reshaping the built world. From China’s skyscrapers so tall they’ve created a new job — last-mile food runners — to Boston’s $100-million One Lincoln revival with rooftop basketball and whiskey bars, the real estate market is reinventing itself floor by floor.

We also get into Meta’s AI layoffs, the U.S. government’s plan to shed 80 million square feet of office space, and why Class B buildings are suddenly cool again (as long as they’re B-plus). Plus: bedbugs at Google, Travis Kelce’s bid to rescue Six Flags, and an NBA gambling scandal that feels like a rejected Scorsese script.

In this episode, we cover:
🏢 Tokenization and the rise of PropTech 3.0.
🤖 Meta’s AI strategy — fewer researchers, bigger ambitions.
🍱 China’s “last-mile runners” and skyscraper logistics.
🏗 Boston’s One Lincoln revival and the return of Class B swagger.
💸 Capital shifts from the U.S. to Asia — and what’s driving them.
🐞 Bedbugs at Google and the messier side of RTO.
🎢 Six Flags, Travis Kelce, and the return of in-person experiences.
🏀 The NBA gambling scandal — and a few too many plot twists.