Category: Building Operations
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5 ways AI will transform commercial property management
As more data presents itself, we are learning that artificial intelligence (AI) has the power to transform commercial property management. And many CRE professionals are embracing these changes by implementing new technologies at their buildings. In fact, according to JLL’s Global Real Estate Technology Survey, more than 500 companies are providing AI-powered services to real…
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The top 5 CRE property management trends you need to know for 2024
The commercial real estate (CRE) landscape continues to morph in response to economic, environmental, and societal drivers. To shine light on this evolving landscape, and to learn what CRE property teams plan to focus on in 2024, Building Engines partnered with Building Owners and Managers Association International (BOMA) to survey commercial property professionals about the…
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Top resources for property teams to utilize in 2024
2023 is coming to a close, and these past 12 months have taught us a lot. This year, the commercial real estate (CRE) industry was faced with many challenges – from fluctuating interest rates, to increased tenant demands, to higher expectations on the sustainability of buildings. However, on the other hand, we’ve seen a lot…
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Streamline CRE contract management with Prism Contract Management by Building Engines
As a commercial real estate (CRE) property manager, the contract management process can feel overwhelming. Managing the barrage of tenant and vendor contracts requires efficiency and meticulous attention to detail – even more so if you’re managing the contracts manually. And all of this is in addition to your other responsibilities. Enter Prism Contract Management…
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What is the ROI of investing in sustainability for CRE properties?
Sustainability is no mere trend for property owners and managers. It’s become a critical driving force that contributes significantly to a property’s impact on the environment, appeal to tenants, and the bottom line. But what is the ROI of investing in sustainability? For starters, the ROI may be: And most properties see benefits beyond this…
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Improving profitability through operational efficiency in commercial real estate
When it comes to commercial real estate (CRE) property management, the quest for enhancing profitability is a constant endeavor. To stay competitive, property owners and managers are constantly seeking innovative approaches to maximize their assets’ profitability. However, one significant area often remains overlooked – improving profitability through operational efficiency. It may appear as common business…
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5 KPIs every commercial property manager should track
Managing a successful commercial real estate (CRE) property is a juggling act. A commercial property manager needs to balance asset maintenance, service vendor relationships, demanding higher-ups, and tenants with rising expectations. With so much in the air, it can be difficult to take a macroscopic view of your building and see what is or isn’t…
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Proptech case studies: Two companies improve communications
Time and time again, we have seen commercial real estate (CRE) companies evolve to meet the industry’s latest demands. Some examples being: changing buildings to accommodate the hybrid work force, establishing “green leases”, and adapting to new space measurement requirements. The businesses having the most success tackling these challenges? The ones tapping into proptech solutions. …
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Work order management: How two CRE companies are mastering efficiency
Commercial real estate (CRE) technology has allowed the CRE industry to make massive strides towards creating a more efficient and innovative future. The positive impact CRE technology has had on owners, tenants, investors, and operators alike is undeniable – from improving day-to-day operations to increasing return on investment (ROI). According to research, 91% of CRE…
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Prism and SwiftConnect integrate to enhance visitor access
Prism by Building Engines, CRE’s leading building operations platform, now integrates with SwiftConnect, software that links access control systems (ACS) to building operations and tenant experience apps. This new, powerful integration delivers an exceptional visitor access experience for tenants, their guests, and property management teams in three critical ways: Advanced security features SwiftConnect adds an…