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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.

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