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s office spaces sit vacant and real estate markets fluctuate, artificial intelligence is revolutionizing the way buildings are managed and investors forecast trends. By monitoring office use and forecasting maintenance needs, AI enhances commercial real estate management with more efficient space allocation and cost optimization.

    "AI fundamentally changes how we approach space utilization," said Frank Cartwright, head of social housing investments at Yield Investing. "For CRE investors, adapting is key, and AI allows us to reimagine these spaces in new ways."

    Butlr's CEO Honghao Deng explained that their AI-powered sensors capture data on foot traffic, occupancy, and subtle movements like chair rollbacks. Companies like Verizon, Microsoft, and Netflix use this data to decide office layouts and resource allocation.

    AI also streamlines document analysis for lease abstraction and facilities management. Carla Hinson of MRI Software noted that AI anticipates equipment failures and optimizes maintenance, particularly for expensive systems like HVAC units.

    Yield Investing uses AI to monitor building systems, ensuring efficient energy use and reducing costs. AI's analysis of energy patterns supports the conversion of underused office spaces into flexible housing or mixed-use developments.

    AI's strength in analyzing datasets makes it valuable for risk mitigation and strategic planning. Brittany Hart of Platinum Cubed said that AI helps companies navigate market challenges by assessing various scenarios, such as fluctuating demand and underused properties.

    In space optimization, AI-driven tools help reimagine office layouts for hybrid work, offering flexible workstations and shared collaboration areas. "AI allows real estate operators to make strategic decisions based on data-driven forecasts of market trends and tenant activities," Hart said.

    While AI offers benefits in workspace monitoring, privacy concerns arise. Butlr's sensors are designed not to capture personally identifiable information, ensuring a more collegial work environment.

    As organizations become accustomed to using AI in their personal lives, adoption is expected to increase. "The 'fear' of AI is fading as people learn more about use cases," said Carla Hinson.