This has removed barriers between commercial real estate owners and prospective tenants. For example, the website 42Floors provides office space rentals and commercial real estate listings for owners and prospective tenants. These are just a few of the startups looking to transform commercial real estate through innovation and by making data transparent and ubiquitous. Digital Disruption Is Affecting All Real Estate Asset ClassesIt's clear that technological innovation has affected many asset classes of real estate, including workspaces, retail shopping centers, distribution centers, offices and more. Consumers are not taking a back seat anymore and the ramifications for the commercial real estate industry cannot be taken lightly.
Source: Forbes June 06, 2018 12:56 UTC