Newmark recently hosted a symposium on the revolution of technology and labor in Chicago real estate. Held on April 25th, the event took place at 151 N. Franklin Street in Chicago.
The event was unique and selective for Newmark’s current clients, and focused on how the change in technology and labor is shaping the real estate market. Newmark Executive Vice President, Global Workplace Strategy & Human Experience, Roy Abernathy, presented the keynote to the group on how the 4th industrial revolution is impacting real estate. Abernathy then moderated a panel of Newmark’s Chicago leaders, which included, Vice Chairman Bob Chodos, SIOR, Vice Chairman and Managing Broker Debbie Corson, Executive Managing Director Ben Greazel, Executive Managing Director Geoffrey Kasselman, SIOR, LEED AP, Senior Managing Director Brad Lindquist and Executive Managing Director Bill Rolander. The panel discussed topics such as shifts in labor and workforce training and the impact of AI (artificial intelligence). AR (augmented reality) and VR (virtual reality) on the industry.
“It was great to invite our clients to join us in discussing our ever-evolving industry,” said Abernathy. “CRE has transformed to involve even more automation, mobile computing, the Cloud, AI and machine learning, and it’s important to discuss how these changes are affecting us now, while also looking ahead to the future.”
The event was held in the second-floor conference center of 151 N. Franklin Street, where Newmark serves as leasing agent for the property.
Newmark (“Newmark”), operated by Newmark Group, Inc. (“Newmark Group”) (NASDAQ: NMRK), is one of the world’s leading and most trusted commercial real estate advisory firms, offering a complete suite of services and products for both owners and occupiers. Together with London-based partner Knight Frank and independently-owned offices, Newmark’s 16,000 professionals operate from approximately 430 offices on six continents. Newmark’s investor/owner services and products include investment sales, agency leasing, property management, valuation and advisory, diligence, underwriting, government-sponsored enterprise lending, loan servicing, debt and structured finance and loan sales. Occupier services and products include tenant representation, real estate management technology systems, workplace and occupancy strategy, global corporate services consulting, project management, lease administration and facilities management. For further information, visit www.ngkf.com.
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