Six Must Reads for the CRE Industry Today (Apr. 28, 2021) The New York Times looks at how data is changing how office buildings are operated. Shoppers have been returning to malls as vaccination numbers rise and virus cases ease, reports the Wall Street Journal. These are among today’s must reads from around the commercial real estate industry.
How Data Is Changing the Way Offices Are Run “Developers are harnessing a growing obsession with data to improve office buildings in ways that could cut costs and streamline operations, saving owners millions of dollars annually. The field, known as property technology, or proptech, has become a booming sector in commercial real estate as property managers seek to use data collection and artificial intelligence to help control systems like heating, lighting, air quality and even the flow of workers.” (