Embracing Proptech

How do you provide a better service and set yourself apart from the competition? Technology in property, or ‘proptech’ is a vital development for the commercial real estate industry. Proptech offers efficiency, transparency and helps to shift the focus towards a customer-centric model. A core differentiation for us has been embracing new technology developments in commercial real estate and applying them to our properties to help create a memorable tour experience. In particular, we would like to share with you our experience with utilizing virtual tours.

Remote Tours Save Time.

Time is all we have in commercial real estate. When we arrange a tour, we ask important questions to ensure that the space is the right size, location and has the amenities that the tenant is looking for. We make sure to ask that the potential client meets all of the requirements that the landlord is looking for before bringing them into the space. We don’t want to waste anyone’s time by showing them a space that can’t become a reality.

However, tenants that seem like the perfect fit can still walk into a suite and feel the space isn’t what they are looking for.  Maybe the photos made the space look larger then it is or they are having trouble imagining their business functioning in the current layout.

Suite 505 at Dundas Kipling Centre. Matterport has captured the view of the almost complete renovations at Kipling Station.

Virtual tours are a brilliant solution to providing brokers and tenants with a realistic initial viewing of the space.  We have tried out two companies, Walkthruit and Matterport, they have both helped to improve our efficiency and transparency with showcasing spaces.

Suite 402 at Burlington’s Premier Office complex, Burloak Towers. Unit available at 5575 North Service Road.

Take a Walkthruit.

Take a walk through an existing space or in this case a proposed model suite. Not everyone has the ability to see an empty room and understand how their business would function within it. Where would we put the printer? How many desks could we comfortably have? What would that look like?

3D renderings allow you to visualize an office in a realistic way. The flooring, paint, furniture and lighting is customized to the building specifications. When a client can experience exactly what their finished space will look like before it’s built, faster leasing decisions are made.



Model Suite rendering at Watline Corporate Centre

At Nicola Wealth’s Watline Corporate Centre in Mississauga you can take a walk through the proposed model suite for Suite 402. Enter in the lobby, imagining your logo on the front of your reception desk. Stroll through the offices newly carpeted built-out space and past the sliding glass doors of the boardroom. Take a peak inside and admire the view of Hurontario street. Imagine your employees collaborating and hard at work in this bright and beautiful open office space. Walk past the open office space and out onto one of the multiple patios that this unit has to offer.

With Walkthruit, you can see a realistic rendering before arriving at the property or showcase the potential of the space to touring tenants while you are there.

White boxed space at Slate 427 community, 401 The West Mall, Suite 300.

Discover Matterport.

This powerful 3D camera takes multiple photos of the space, digitizes the images into a seamless rendering and allows you to view the space from multiple angles. You can also view the renderings in a few different ways including the dollhouse, floor-plan and inside view.

The ‘dollhouse view’ is where our videos start. Look at the space as a whole from an aerial view to get an idea of the overall layout and spacing.

When you hit the ‘floor-plan view’ camera will be centered above the unit and you will view the floor-plan with the added lighting and textures of the space.

Click to jump into the ‘inside view’ and walk about the floor-plan. Click on any circle on the space to see a 360 degree view from the spot.

Need to measure a wall? No problem, the Matterport measurement tool allows you to mark up a space and measure walls, furniture and anything else you may need!



Solving Key Problems.

What problem are you trying to solve? There are many tools available to help us improve our customers experience – it’s all about finding the right solution. Our newest property, Centennial Centre, had a very unique problem that Matterport has helped us solve. With a spread out complex of 8 buildings, the amazing amenities provided by Crown Realty Partners were left undiscovered. We captured a 3D rendering of the Exclusive Tenant Lounge to not only showcase to new potential tenants but to remind current tenants who haven’t had the chance to see how functional the space is and the improvements that were added in the recent renovation.

Exclusive Tenant Lounge at Centennial Centre. Includes small, medium and large meeting areas, tv’s and lounge areas.

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