Why ‘Smart Buildings’ Are the New Asset Class You Can’t Ignore

For the better part of a century, the valuation of commercial real estate (CRE) was dictated by a simple, three-word mantra: Location, Location, Location. A drafty, inefficient tower in Midtown Manhattan was worth more than a LEED-Platinum fortress in the suburbs. The building itself was a passive concrete shell, a container for collecting rent. In […]