Trammell Crow, the renowned Texas-based real estate developer,
was among the leaders honoured in Dallas last week for contributing to
the transition of the $21 trillion plus commercial real estate industry
from the old to the new, digital economy.
Crow
received a Commercial Real Estate Digital Media Award or 'Digie' during
Realcomm 2000, a
conference devoted to the Internet, ecommerce, automation and technology
for commercial real estate.
More than 2,500 members of the commercial real estate industry and the
technology and ecommerce communities attended this year's Realcomm.
The Digie Award for 'industry impact' went to Trammell Crow in recognition
of his visionary development 15 years ago of the Dallas INFOMART. "Trammell
Crow was way ahead of his time," said Realcomm producer, Jim Young.
"He pointed the way to today's digital wired buildings and self-contained
technology campus communities."
Also notable among the Digie Award winners was the field's only repeat
from last year: Koll Development,
of Los Angeles. Last year, Koll was cited for its use of webcam technology,
enabling tenants to watch construction progress over the Internet without
having to make a site visit. This year, Realcomm again selected Koll's
Web site for its progressive use of 360-degree photography.
Young said the common trait among all the winners is a mix of vision and
pragmatism: "Commercial real estate is incredibly complex, involving
a staggering amount of information. Real estate professionals who embrace
digital technology are going to operate much more efficiently than competitors
held back by the paper-based practices of the old economy."
Other Digie award winners included W.W.
Grainger, Inc. the business-to-business distributor of maintenance,
repair, and operating (MRO) supplies and 55
Broad Street nominated best e-Building.
Though only in its second year, the Realcomm conference and exposition
has quickly become the 'ground zero' for the convergence of technology
and commercial real estate, according to Craig Robbins, senior vice president
of PropertyFirst, a speaker during the morning's conference opening session.
Last year's Realcomm attracted more than 750 people to Chicago. This year,
the conference producers, the Society
of Industrial and Office Realtors and The Jamesan Group a California-based
commercial real estate technology services firm, moved Realcomm to Dallas
to meet the huge demand from attendees and exhibitors.
More than 2,500 people attended Realcomm 2000, representing REITs and
other organisations that own and asset manage real estate; lenders and
borrowers; property managers; brokers and other service providers; architects
and appraisers; bankers, investment bankers and venture capital firms;
as well as members of the new real estate economy.
Richard Byatt
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