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Technology in commercial real estate is finally exploding. Real estate tech investment had its best year in 2019, and 2020 is expected to be even better. Institutional investors are driving this change by piloting tech programs and software in select properties and markets to demonstrate the benefits.

"People have become very comfortable with innovation in technology," Ashkán Zandieh, chief intelligence officer at CRE Tech, tells GlobeSt.com. "From 2010 to 2015 were learning years for the industry, and while adoption has still been a laggard, it is being offset with owner operators piloting a lot of the innovation themselves."

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Kelsi Maree Borland

Kelsi Maree Borland is a freelance journalist and magazine writer based in Los Angeles, California. For more than 5 years, she has extensively reported on the commercial real estate industry, covering major deals across all commercial asset classes, investment strategy and capital markets trends, market commentary, economic trends and new technologies disrupting and revolutionizing the industry. Her work appears daily on GlobeSt.com and regularly in Real Estate Forum Magazine. As a magazine writer, she covers lifestyle and travel trends. Her work has appeared in Angeleno, Los Angeles Magazine, Travel and Leisure and more.