CBRE acquires real estate tech company

CBRE announced it has acquired Floored, a provider of 3-D graphics technology that helps retailers envision build-outs of their commercial space. Its SaaS (Software as a Service) solutions figure to quickly be incorporated into CBRE’s leasing operations.



A program that CBRE is rebranding as Floored Plans allows retailers and leasing agents to visualize and edit floor plans to create customized space layouts. A second tool, Floored Build, gives agents the ability to take clients on interactive 3-D “walk-throughs” of spaces that are not yet built or that are being repositioned.



“It gives our professionals a powerful advantage in the marketplace,” said Chandra Dhandapani, CBRE’s chief digital and technology officer.

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