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You are here: Home » Resources » Articles » The Impact of Technology on Commercial Real Estate Assets

April 16, 2018

The Impact of Technology on Commercial Real Estate Assets

By Joseph Derhake, PE

DEMAND DRIVES CHANGE, OPPORTUNITY AND OBSOLESCENCE

I recently contributed an article to California Mortgage Bankers Association’s 2018 spring magazine issue about commercial real estate will be impacted by technology. Innovation such as driverless cars, e-commerce and autonomous delivery, 5G wireless communication, and the rise of smart buildings and smart cities will fuel some obsolescence but also drive demand and desirable location patterns.

About the Authors

Joseph Derhake, PE

Joseph Derhake, PE

Chief Executive Officer
Joe Derhake, PE, serves as CEO of Partner Engineering and Science, a global environmental, engineering, and energy consulting firm. A registered Professional Engineer for over 25 years, Mr. Derhake has touched thousands of commercial real estate projects, from development and transactional due diligence to site remediation, asset optimization, ESG initiatives and more. His clientele includes many of the world’s largest lenders, real estate investors, and corporations. Mr. Derhake is a registered civil engineer in multiple states. He holds a bachelors degree in civil engineering from Michigan State University and Masters in Business Administration from University of Southern California.
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