Commercial Investment Real Estate

MAY-JUN 2014

Commercial Investment Real Estate is the magazine of the CCIM Institute, the leading provider of commercial real estate education. CIRE covers market trends, current developments, and business strategies within the commercial real estate field.

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36 May | June | 2014 Commercial Investment Real Estate Smart building technology yields measurable ROI. by Dan Probst T e world is getting smarter: Smart phones, smart cars, smart devices, and smart cards are the new norm. If our buildings don't become smarter too, they'll fall behind in today's technology-driven world. Smart buildings are popping up across the U.S. and the trend is just beginning: Smart building investment is expected to triple from $5.5 bil- lion in 2012 to $18 billion by 2017, according to T e Op-Ex Advantage, a recent JLL report. Smart building technology's possibilities are endless. For example, entire portfolios Sergey Nivens/Thinkstock 3 6 - 3 8 F - S m a r t B u i l d i n g s - P r o b s t . i n d d 3 6 36-38 F-Smart Buildings-Probst.indd 36 4 / 2 9 / 1 4 3 : 0 7 P M 4/29/14 3:07 PM

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