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Crexi Auction Delivers Second-Highest GMV Quarter on Record as Hospitality Momentum Continues

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Crexi Auction’s 2026 results underscore continued momentum, highlighted by record pipeline growth, strong hospitality performance and sustained buyer demand

MARINA DEL REY, Calif., Aug. 12, 2026 /PRNewswire/ — Crexi, a leading commercial real estate data platform and marketplace, today announced strong second-quarter 2026 results for Crexi Auction, as record pipeline growth, the platform’s second-highest gross market value (GMV) sold quarter on record and continued hospitality momentum underscored another strong period for the business.

During Q2, Crexi Auction facilitated the sale of 68 commercial properties, generating $145.8 million in sold GMV. The quarter also marked the strongest new business period in the platform’s history, with a record number of new auction listings, signaling continued seller confidence and a healthy pipeline for future transactions.

“Q2 demonstrated that Crexi Auction continues to gain momentum as more owners and brokers embrace auctions as a core disposition strategy,” said Sonya Bokano, vice president of transactions at Crexi. “We delivered one of the strongest transaction volume quarters in our history, while also achieving record pipeline growth, reinforcing both the strength of our platform and the growing adoption of online commercial real estate transactions.”

Additional Q2 performance highlights include:

74% quarter-over-quarter increase in properties brought to auction.20% year-over-year increase in properties brought to auction.43-day average time from listing to sale.123 average bids per auction event, demonstrating sustained buyer engagement.$2.1 million average sale price.

Hospitality remained the platform’s top-performing asset class for the second consecutive quarter, generating $88 million in sold GMV across 19 transactions. The quarter tied Q1 2026 as the strongest hospitality performance in Crexi Auction history, reflecting continued demand across a diverse mix of hospitality assets, including portfolios, beachfront resorts, destination lodging properties and recreational hospitality assets.

Competitive bidding continued to drive premium pricing for sellers. Two hotels in Flint, Texas saw exceptional activity, with one receiving 32 bids and selling for 203% of reserve, while the other received 45 bids and sold for 142% of reserve. An investor purchased both hotels through Crexi Auction for a combined $17.35 million, and each sale was ranked among the five highest-value transactions of the quarter.

The Midwest remained the platform’s most active region, accounting for approximately 36% of all completed transactions. Michigan led all states in properties brought to auction, while Michigan, Illinois and Ohio accounted for 27% of deals on the platform.

Crexi Auction introduced a new Portfolio Dashboard this quarter for brokers and sellers managing multi-property auction campaigns. As hospitality portfolio sales grew more complex, the team moved through rapid rounds of prototyping and iteration, shaping the dashboard around real feedback from sellers bringing multi-property portfolios to auction. The result is a centralized view of buyer activity, campaign performance and portfolio metrics, giving users real-time visibility throughout the auction process.

For more information on upcoming auction opportunities, visit www.crexi.com/auctions.

About Crexi

Crexi is reimagining commercial real estate with an AI-powered platform built to deliver smarter, more efficient solutions at every stage of the deal lifecycle. From real-time data and market insights with Crexi Intelligence, to targeted property marketing and seamless deal management through Crexi PRO, and a transparent, time-bound bidding experience with Crexi Auction— Crexi enables users to evaluate opportunities, maximize exposure, and close with speed and confidence. To date, Crexi has facilitated over $1 trillion in transactions, 8.6 billion square feet leased, and supports a growing community of more than 2 million monthly active users.

Schedule a demo with the Crexi team and explore our products here.

Media Contact:
Crexi, press@crexi.com

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SOURCE Crexi

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InventHelp Inventors Develop Anti Theft Wire Device for Railroads (LOS-634)

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August 12, 2026

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PITTSBURGH, Aug. 12, 2026 /PRNewswire/ — “We wanted to create a secure box that would prevent access to copper wires along railroad tracks,” said one of three inventors, from Etiwanda, Calif., “so we invented the ANTI THEFT WIRE DEVICE. Our design deters copper wire theft, and it prevents delays and problems associated with missing signal wires.”

The invention provides an effective way to contain and protect copper wires on railroad tracks. In doing so, it prevents access to the wires. As a result, it helps prevent copper wire theft. It also helps maintain proper use of train traffic signals. The invention features a secure and protective design that is easy to install and use so it is ideal for the railroad industry.

The original design was submitted to the Los Angeles sales office of InventHelp. It is currently available for licensing or sale to manufacturers or marketers. For more information, write Dept. 25-LOS-634, InventHelp, 100 Beecham Drive, Suite 110, Pittsburgh, PA 15205-9801, or call (412) 288-1300 ext. 1368. Learn more about InventHelp’s Invention Submission Services at http://www.InventHelp.com.

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SOURCE InventHelp

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Spigen’s New Pixel 11 Collection: Protect the Design. Make It Yours.

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August 12, 2026

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IRVINE, Calif., Aug. 12, 2026 /PRNewswire/ — Following today’s announcement of Google’s Pixel 11 series, Spigen unveiled its latest collection of cases, screen protectors, and MagFit accessories, all available now on Amazon.

With new colors, slimmer bezels, and the new HiLight feature, the Pixel 11 was made to stand out. Spigen’s collection is designed to complement that vision by protecting the device while giving users more ways to personalize how it looks, feels, and functions.

One Pixel, Multiple Ways to Personalize

Spigen’s Pixel 11 case lineup offers options for different styles, routines, and protection needs. Each case is designed to complement the device while providing a distinct user experience.

Ultra Hybrid MagFit: A minimalistic clear case designed to showcase the Pixel 11’s original color and design while adding everyday protection and MagFit compatibility.Tough Armor MagFit: Delivers rugged protection and practical functionality in a streamlined design for users who seek maximum coverage without the bulk.Nano Pop MagFit: Combines vibrant colors with dependable everyday protection to complement the Pixel’s playful aesthetic.Slim Armor Pro MagFit: A streamlined foldable case for the Pixel 11 Pro Fold, featuring SecuLink technology and a spring-loaded hinge cover for secure, continuous protection.

Complete the Pixel 11 Setup

The case is only the starting point. From essential screen protection to accessories built for the Pixelsnap ecosystem Google introduced last year, Spigen brings together protection, convenience, and personal style to complete the Pixel 11 setup.

EZ Fit Screen Protector: A must-have for any Pixel device. Makes screen protection simple with an included alignment tray and bubble-removal squeegee for fast, precise installation.O-Mag Grip: Crafted from CNC-machined aluminum, this premium phone grip features a rotating ring that doubles as a stand and securely attaches to any metal surface.Valentinus MagFit+: Ditch the bulky wallet with this slim, magnetic card holder that snaps securely onto MagFit cases, providing quick access while keeping pockets light.Athlex Air Band: Making its Pixel Watch debut, this lightweight, breathable band is designed for comfortable everyday wear and active routines.

A Personal Pixel Experience

Google designed the Pixel 11 to be expressive and recognizable. Spigen’s latest collection protects that identity while giving users more control over how their devices fit into their personal style and everyday routines.

Spigen’s full Pixel 11 lineup is available now on Amazon, alongside new accessories for the Pixel 11 Pro Fold and Pixel Watch 5.

About Spigen

For over 17 years, Spigen has delivered high-quality mobile accessories designed to enhance everyday tech. From cases and screen protectors, to car accessories and daily essentials, Spigen strives to be “Something You Want.” For more information about Spigen, please visit spigen.com.

Media Contact
Chad Sasaki
949-502-5121
420644@email4pr.com 

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SOURCE Spigen Inc.

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BAE Systems advances to Phase 2 of DARPA’s THREADS program

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August 12, 2026

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THREADS program seeks to address temperature limitations in advanced RF electronics

NASHUA, N.H., Aug. 12, 2026 /PRNewswire/ — BAE Systems’ (LON: BA) FAST Labs™ research, development and production organization has successfully completed Phase 1 of the Defense Advanced Research Projects Agency’s (DARPA) Technologies for Heat Removal in Electronics at the Device Scale (THREADS) program and has been awarded continued support to move into Phase 2.

The THREADS program aims to overcome temperature limitations in high-performance radio frequency (RF) electronics, specifically in gallium nitride (GaN) devices. Overcoming these limitations will significantly increase the power and range of vital military systems.

“We look forward to advancing to Phase 2 of the THREADS program,” said Isaac Wildeson, principal investigator at BAE Systems’ FAST Labs. “The progress we’ve made during Phase 1 validates our approach to material and process enhancements and brings us closer to unlocking the full potential of RF-based systems for our warfighters.”

Successful thermal management developed through this program will nearly triple the range of RF systems, enhancing the safety and engagement distances for military personnel. BAE Systems’ work on THREADS is being conducted at its Microelectronics Center (MEC) in Nashua, New Hampshire, a DoW Category 1A Trusted Supplier, leveraging its established expertise in the development and manufacturing of advanced GaN and gallium arsenide integrated circuits.

To accelerate the development of this critical technology, BAE Systems’ work on the THREADS program includes collaboration with Modern Microsystems, Penn State University, Stanford University, the University of Notre Dame, and the University of Texas at Dallas.

For more information, please contact:

Paul Roberts, BAE Systems
Mobile: 603-521-2381
paul.a.roberts@baesystems.us

www.baesystems.com/en-us
@BAESystemsInc

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SOURCE BAE Systems, Inc.

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