SAN FRANCISCO—The economic outlook post-COVID-19 will includeunknown obstacles for many companies. However, for the commercialreal estate industry, there are clear, actionable changes propertyowners and facility managers can implement today to save moneytomorrow, recouping some of those lost costs as a result of thepandemic, according to Matt Ganser, executive vice president ofengineering and technology at clean tech company, CarbonLighthouse.
The first way is to build a stronger remote infrastructure tobetter manage operations within empty buildings.
"CRE has fallen behind technologically. COVID-19 highlightedthat even more," Ganser tells GlobeSt.com. "The vast majority ofbuilding management systems are not modernized and cannot supportremote operations. On-site teams are limited in optimizing buildingoperations under normal circumstances, much less amid COVID-19 oreven after tenants return and occupancy continues to shift."
Continue Reading for Free
Register and gain access to:
- Breaking commercial real estate news and analysis, on-site and via our newsletters and custom alerts
- Educational webcasts, white papers, and ebooks from industry thought leaders
- Critical coverage of the property casualty insurance and financial advisory markets on our other ALM sites, PropertyCasualty360 and ThinkAdvisor
*May exclude premium content
Already have an account?
Sign In Now
© 2024 ALM Global, LLC, All Rights Reserved. Request academic re-use from www.copyright.com. All other uses, submit a request to [email protected]. For more information visit Asset & Logo Licensing.
Lisa Brown
Lisa Brown is an editor for the south and west regions of GlobeSt.com. She has 25-plus years of real estate experience, with a regional PR role at Grubb & Ellis and a national communications position at MMI. Brown also spent 10 years as executive director at NAIOP San Francisco Bay Area chapter, where she led the organization to achieving its first national award honors and recognition on Capitol Hill. She has written extensively on commercial real estate topics and edited numerous pieces on the subject.
