The 21st-Century Real Estate Deal: How the Internet of Things Is Changing Commercial Real Estate
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The commercial real estate (CRE) industry is on the verge of a major disruption: the Internet of Things (IoT). Technology is making its way into an industry that historically lacks the innovative spirit, and we’re beginning to see a drastic change in what it means to be a real estate broker. As client needs evolve, brokers must develop new skills to keep up with the changing technology landscape and remain competitive.
Today, many offices and industrial properties throughout the U.S. are old and outdated. They are costing owners and tenants huge amounts of money and, in many cases, hindering business growth. These assets are dead and play no role in advancing the strategies your board and management team have set forth, thus hurting overall enterprise performance.c
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