Smart buildings. Would you recommend it to the building owner or find it a burden to sell/ lease?
What's your thoughts on smart buildings? Would you sell/lease one or recommend one for a client? How would you sell it? Do you think it would be easier to sell/lease because of the benefits they have?

I'm talking more about the smaller and medium-sized buildings. Sub 100,000sqft.

I'm a General Contractor and this came up in discussion with a CRE agent today. He said there are talks about this administration wanting smart buildings to be the next big thing in commercial buildings just like solar panels were for homeowners under Obama. I imagine property owners would be more willing to do if there was a tax write-off. 

Made a burner because my history on my other account is 🔞. LoL
[{"id": "hukrjll", "text": "What is \"Smart\"?\n\nEMS/BMS that is more then a wall thermostat?\n\nEMS/BMS and Metering down to tenant or panel level? Predictive analytics to set temp or interact with grid based on weather, future weather, and rates? Predictive analytics to deal with failures or maintenance like filters and belts?\n\nOccupant interaction with the building? Simple counts? Integrating with EMS/BMS to set temps based on people? Turning things on only when people arrive in the parking garage or the front door? Forcing people to work in specific already occupied areas to save energy? \n\nAbility for occupants to change lighting, temperatures, blinds/smart windows?\n\nTracking and hotspots of utilization inside the building like conference room and hot desks?\n\nFull blown Digital Twins with full 3D mapping of base building? Tenant Improvements? Tenant furniture?", "replies": [{"id": "hulcfi8", "text": "I know the interpretation is different for each company.\nI worked on a building that had a so-called BAS (building automation system) and all it did was control the AC in the conference room. \n\nI guess what I would define as a Smart Building would be close to what you are describing. Lights, HVAC, blinds, access control, and energy efficiency.", "replies": [], "depth": 2}], "depth": 1}, {"id": "huksgs5", "text": "I don\u2019t think that makes sense unless it\u2019s for residential. The technology is changing very quickly and it\u2019s not entirely secure at this time. I sold a building with a very complex AC system that required someone to program it with a laptop. The only person who even had software for this system was 4 hours away because it was 4-5 years old. If you want to build in replacement work that goes directly to you and you can keep the same techs for the long haul go for it.", "replies": [{"id": "hule74s", "text": "I know anything cloud-based has a big chance of getting hacked. It seems like a couple of times a year I read about some security flaw in IOT devices. \n\nAnd seeing how technology changes all the time, building technology would have to do the same. \n\nSo smart buildings of the future would need to be secured, easy to work on, and be able to be updated to current times.", "replies": [], "depth": 2}], "depth": 1}, {"id": "hunylas", "text": "Does it reduce their costs?\n\nIf so, you can immediately add value to their property.\n\nWhat is the cap rate associated with their property?\n\nIf you can reduce the expenses at a property by $5,000/yr, at a 5% cap rate you have increased their property value by $100,000.", "replies": [], "depth": 1}]