Before the pandemic, we heard a lot about “location” and “live, work, play.” While those will continue to be important in the future, one of the latest terms in commercial real estate (CRE) is “smart buildings.” For perspective, studies suggest that the smart building market will grow from $66 billion in 2020 to $109 billion by 2025.

Transactions represents tenant’s attraction to well-located, highly amenitized premier office space with a synergistic retail component.