Gaining market advantage 

How real estate giant, Kilroy Realty, is using EverSmart data to better understand their buildings.

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  • Date partnered: 2021
  • Number of occupants: 5,000
  • EverSmart Coverage: 500,000 ft2 in 3 buildings
  • Solutions installed: EverSmart Space, EverSmart Clean, & EverSmart Air

The situation: With nearly 14 million square feet to manage, this asset owner wanted anonymized insight in the space utilization of their tenants and buildings when making strategic decisions.

In a competitive and unpredictable real-estate market, our friends at Kilroy, are using data from Microshare’s EverSmart suite of smart building solutions to reduce costs, increase rentable value, all while improving comfort, service and safety in their buildings. Kilroy is being proactive in understanding space utilization. With the rapidly changing real estate market and the rise of a work-from-home culture, knowing your vulnerabilities before they become liabilities can save you thousands of dollars in lost revenue and potential savings.

“Microshare has been great to work with and has helped Kilroy on their IoT journey. We continue to work together to scale and leverage the data which has been useful to various departments within the company”

– Bayron Lopez, Portfolio Manager

Proactive decision making: Lease renewals

  • Track physical occupancy & notice RTO trends
  • Action: take proactive approach on lease renewals
  • Result: know how many square feet of space are at risk. Make strategic retail leasing decisions or amenity reallocation

Attract top tenants: based on improvements

  • Adding new technology and improving service quality
  • Action – provide tenants with air quality monitoring, tenant apps, smart cleaning, feedback devices, improved security, etc.
  • Result – increase rent & attract tenants by providing property differentiation

Proactive decision making: Lease renewals

  • Tracking activity in 36 washrooms
  • Action – modify cleaning schedule based on usage data
  • Result – 16% savings and resources flexibility

About Microshare

Microshare® provides turnkey Smart Facilities data solutions at scale that bring safety, wellness, cost savings and sustainability to our clients’ vital assets. Our Sensing-as-a-Service model and global reseller network helped our clients get back to business quickly, safely and cost efficiently in 2020, all while shedding new light on the true performance and utility of their real estate holdings to prepare them for success in the post-pandemic future. Microshare is a leader in LoRaWAN applications and a proud member of the LoRa Alliance®.