Proptech Advancements May Be a Game-Changer for Commercial Real Estate

A new generation of innovative software platforms can do everything from monitoring buildings’ energy and water use in real time to providing tenant workforces with on-site access to medical treatment and other quality-of-life-enhancing services, according to panelists at ULI’s 2019 Spring Meeting in Nashville. Those applications, collectively known as proptech, could dramatically alter the commercial real estate business by creating new ways to generate value for tenants, and it could make buildings more sustainable and efficient as well.