Author: Building Engines
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The hidden cost of disjointed building operations technology
Fragmented building operations technology costs properties in revenue, wastes hours for teams daily and blocks strategic insights. A united system for all of your building operations technology needs can get rid of these issues, bringing your teams more time to focus on the work that truly matters. Property managers are burning out. Not because buildings are getting harder to manage, but…
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The business advantage of sustainability in commercial real estate
Companies are scrambling for eco-friendly office space and there simply isn’t enough to go around. By 2030, seven out of every 10 businesses looking for sustainable offices won’t find what they need and nearly half of those wanting green industrial space will come up empty, too. This green space shortage is about to reshape the…
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Solving critical CRE industry challenges in retail and industrial properties
Imagining a day in the life of a property manager might conjure scenes of someone scurrying through a building to investigate issues and meet face-to-face with tenants. However, that’s far from a typical day for retail and industrial property managers, who often oversee many properties from a central office. The lack of onsite teams leaves…
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CRE leaders speak: how industry leaders are achieving more with Prism
When you’re investing in new technology, swapping stories with other customers can be incredibly helpful. Whether it’s a new personal device or a complex business system, hearing about others’ experiences with the tech can help you get more from your investment. That’s why we gathered representatives from three leading property teams at our annual virtual…
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How property management experts are navigating CRE’s AI-driven era
Imagine having a system that detects a water leak in your building and automatically dispatches a work order before a tenant even notices it. At the same time, it prepares monthly invoices and monitors energy use—all while you focus your attention on the prospective tenant who has come in for a tour. That scenario…
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Four ways to make AI in CRE a reality
Is artificial intelligence (AI) just a buzzword, or is it a revolutionary technology with the potential to reshape how real estate owners and property managers work? For those who have tested the waters, the answer is clear: embracing AI in commercial real estate (CRE) can unlock tremendous value. Property management AI is helping teams become…
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Sustainable property management: five tips for a greener portfolio
As more corporations set ambitious goals to decarbonize their real estate and enhance the employee experience, sustainability continues to become more important in property management. Tenants increasingly gravitate toward smart, energy-efficient buildings that support their environmental and wellness initiatives. Data-driven sustainability programs give property managers a leading edge by supporting environmental certifications and reducing carbon…
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3 hidden challenges of sprawling commercial real estate technology — and how to solve them
Property managers today have access to a wealth of digital tools to make their day-to-day jobs easier. Rapid advances in commercial real estate (CRE) technology have brought solutions for work orders, vendor management, real-time monitoring of building systems, tenant communication and much more. Yet challenges often emerge as companies race to adopt new tools from…
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What are CapEx projects in commercial real estate?
Capital expenditures, or CapEx for short, are a big deal in commercial real estate. Let’s break down what it all means in simple terms. Understanding capital expenditures (CapEx) Definition of CapEx CapEx refers to the money a company spends to buy, upgrade, or maintain physical assets like buildings, equipment, or technology. In commercial real estate,…
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What does CRE property management software do?
Have questions about property management software and how it drives value in commercial real estate? Let’s break down the primary ways this tech can make life easier for you and your property teams, boost tenant satisfaction, drive revenue – and make your buildings run smoother. What is property management software for commercial real estate? The…