Tech innovation is progressing rapidly in the commercial real estate (CRE) industry, and CRE leaders with an eye on the future are taking note. eBrevia CEO Ned Gannon writes for CRE news publication GlobeSt.com on what’s stopped firms from investing in CRE technology in the past, how new tech can benefit them, and where CRE innovation is headed.

“With $605 million invested in real estate tech in 2014, a whopping 2.5 times venture fund investments in real estate the year before, many are pointing to innovation on the commercial side as the next growth driver for the industry.”