Why Building Data Is the Way Out of Commercial Real Estate’s Perfect Storm

Why Building Data Is the Way Out of Commercial Real Estate’s Perfect Storm

Commercial real estate is facing significant headwinds: New CO₂ regulations, all-time lows in office leasing, the increased cost of borrowing, and decreased asset valuation are pushing real estate teams to look for creative solutions, such as office to residential conversions.

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Commercial real estate is facing significant headwinds: New CO₂ regulations, all-time lows in office leasing, the increased cost of borrowing, and decreased asset valuation are pushing real estate teams to look for creative solutions, such as office to residential conversions.

Bad building data is the number one problem in commercial real estate. Missing and inaccurate building data wastes time, effort, and money—$.33 of every dollar spent on commercial renovations is wasted on unnecessary rework. 


Who should care about this?

  • Owners

  • Occupiers

  • Service Providers (supporting owners)

Building data is typically stored in disparate systems, files, spreadsheets, or on paper, making it difficult to access and share with stakeholders across the organization.

The solution: Digital building profiles

Being able to answer What, exactly is in my building? empowers building owners to proactively improve and adapt their physical structures—at scale. 3D scanning and 3D modeling technology are powering the next evolutionary leap in the real estate industry, by helping building owners to bring their buildings online with unprecedented accuracy and scale. Integrated Projects is at the forefront of this digital revolution with IPX, a built intelligence platform enabling building owners, contractors and design teams to share accurate depictions of a building’s architectural, mechanical, and furniture systems.

Verify Building Plans: Upload your building plans to IPX, whether they're in RVT, CAD, or IFC, to securely share verified measurements with your coordinated design and construction teams.

Visualize Spaces: Explore your spaces with an immersive and intuitive experience. IPX allows you to easily switch between layers and add spaces directly in your browser.

Quantify Areas and Equipment: Search furniture, architectural and mechanical systems across your properties to see counts and locations, speeding renovations and inventories.

About Integrated Projects

Founded in 2018 by a team of former architects, building information modeling experts, and leaders in virtual reality and spatial intelligence software development, Integrated Projects is a built intelligence company focused on the digital transformation of the built environment. Its core building digitization platform, IPX, helps owners, designers, and laser scanning professionals view, share, quantify, and connect their building plans and data with the world.

When will you use SCANIT, BIMIT, IPX


Acquiring or Selling Buildings/Spaces
  • Get a verified floor areas and condition in 3D, 2D, and 1D formats for enhanced due diligence.

Renovation Projects
  • Remove delays due to discrepancies between drawings and existing conditions.  

Operations (Facilities/Space Management, Leasing, Marketing, etc.)
  • Create a central repository for your property’s history, with secure and easy sharing.


Strategic Partnerships

Join thousands of owner-operators, design professionals, and proptech bringing their spaces online