Category: CRE Trends
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4 CRE Leasing Challenges Solved with Office Space Management Software
Using office space management software to maximize leasing efficiencies is helping to keep the CRE industry alive post-COVID. While the pandemic slowed down business, the activity for commercial office properties has picked up. If you’re an asset manager, broker, or property manager, utilizing space management tools can help you solve the long-standing challenges faced in…
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Energy Efficiency in Commercial Office Buildings: How to Build a Strategy that Maximizes ROI
On average, a commercial building HVAC system can account for 20% of overall operating and energy costs – and 50% of total energy usage for a commercial real estate (CRE) property. You might be spending more on monthly HVAC costs than you know. Energy efficiency in commercial office buildings can significantly impact your ROI and…
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3 Sustainability Mandates in Commercial Real Estate and How to Prepare
HVAC can account for 20% of overall commercial real estate operating and energy costs and 50% of total energy consumption for commercial offices. It’s no wonder the commercial real estate industry continues to focus attention on sustainability. Sustainability isn’t just good for the environment, it’s also great for the wallet. In fact, 40% of real…
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The Office of the Future After COVID: How Intelligent Buildings and Automation Are Driving Commercial Office Recovery
What does the office of the future after COVID look like? It’s a question on the minds of many as the pandemic has changed traditional office work. And it’s no secret that occupancy in commercial offices has been disrupted. However, commercial offices are welcoming tenants back to buildings. In fact, office leasing rates in the…
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A Property Manager’s Guide to Setting Useful KPIs
So, you’re dedicated to tracking and quantifying your team’s performance. Congratulations, you’ve made it to level 2! Next challenge: deciding what that means, aka what you need to measure. Here are the four places you need to look (and people you need to involve) for data before setting your KPIs.
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Four Reasons Why Now is the Time to Hire a CTO
The commercial real estate industry is in a period of acceleration across the board, from development, to tech adoption to major investment and M&A activity. With that comes a greater need for real estate companies to take a look at the strategies in place in response to this changing business landscape. One of the ways…
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Two Ways to Manage Floor Plans, Building Measurement, and Tenant Data
What’s the point of using space management software? Many commercial property managers and building owners still happily rely on outdated methods for managing their properties. Such methods are common when measuring buildings, or managing floor plans and tenant data. But the substantial cost of using manual methods and relying on external firms is wasted revenue and time. Today there are two…
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9 Ways Chatbots Improve the CRE Tenant Experience
There’s nothing more vital to a superior customer experience than great communication. This is especially true when external factors outside the direct control of the experience provider have a strong influence on customers. If you’re a CRE provider, congratulations! That’s you. Traffic jams, transit disruptions, restaurant openings/closings, city utility work, weather, neighborhood construction, and any…
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What’s in Store for CRE Building Operations in 2022?
It’s tough to make predictions, especially about the future. (So said the great philosopher Yogi Berra.) Rather than make predictions about 2022, in the fall of 2021 Building Engines partnered with BOMA (Building Owners and Managers Association International) to ask property professionals about their plans for 2022. Their answers offer a guide to what’s in…
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How to Shorten the Visitor Check-In Process & Keep Occupants Safer
Your building entry process should check-in visitors as quickly as possible, both for convenience and safety—particularly during a pandemic. You don’t get a second chance to make a first impression, and no one likes waiting to get in. Especially when visitors congregating together pose a health risk to everyone in your building. So how can…