Technology runs our daily lives and, in its best formulations, has made life more convenient (and more interesting). We can now deposit a check from our sofa, find precise directions to out-of-the way restaurants, order anything-under-the-sun to be delivered with record speed to our doorsteps. Plus, the information! Have you ever found yourself researching 18th century Norwegian furniture at 3 AM? Asking for a friend.
Have you heard about the new, noise-canceling headphones that block all noise except for certain voices that you have “allowed”? Or, did you know there is a voice assistant on the market that can recognize individual voices and alter its activities based on who it’s talking to? It’s a bit of an understatement to say that technology is changing the way we live, shop, and interact – our personal and professional lives are in a state of flux over the newest app, the newest phone, the next big thing. Artificial intelligence, virtual reality, and even augmented reality are all burgeoning technologies that promise almost unfathomable changes yet to come. What about commercial real estate? Let’s look at some big tech trends that are impacting the commercial real estate sector.