In this episode of Deconstructed, Vivek Kartha, CEO of WorkSpace, is joined by Brett Abrams, Global Head of Portfolio Administration at Cushman & Wakefield.

The episode starts with a discussion about the strange year commercial real estate has had. Brett discusses the differences between companies that were data-ready and those that weren't—including the challenges that data-ready companies were able to overcome that caused other companies to struggle.

He talks about the transition companies were able to make as the year progressed. He also reveals what became a top priority for companies and the question all companies must answer through data moving forward.

Brett also shares why most companies weren't ready for what they faced in 2020, and the detrimental mistake many companies make because of "good" data. He also addresses how companies will treat data in the future, including specific data points that have become a critical part of business continuity planning.

Brett mentions a few "two-button exercises" that all companies should efficiently perform with data. It’s also a simple way to judge whether or not they should outsource something to a data manager.

We also discuss the three ways Brett and his team look at technology systems to make decisions, and the importance of asking the right questions.

Finally, Brett shares how they juggle keeping up with new technologies and what they see as a significant need for the future of commercial real estate.

This podcast is brought to you by WorkSpace. Remove the friction between assets, data, and people. With a suite of intuitive products, WorkSpace streamlines daily operations for property teams, asset managers, C-Teams, and beyond.

WorkSpace was built for CRE professionals like you. Make quick and confident decisions to deliver greater investor returns. Learn more and contact us at GoWorkSpace.com