October 19, 2021
Real Estate

Roundtable on Commercial Real Estate

What role does technology play in adapting the changing CRE and workplace environment?

Camillucci: COVID has accelerated the trend toward using e-commerce to purchase a wide range of products. That in turn has shaped the commercial real estate market by driving demand for warehousing, trucking and logistics facilities. E-commerce, social media, cloud-based computing and related technology have also created a massive need for data capacity, which has shaped the real estate market through the development of many new data centers. Also, as more restaurants seek to focus on delivery and pickup using apps and other platforms, we see a proliferation of shared kitchens, cloud kitchens and pickup-only restaurants. Obviously, the many video conferencing and workflow management applications available today allow office workers to be productive while working remotely. That’s allowed many…

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