As is true in any industry, pulling together a technology solution in commercial real estate often results in the use of third-party software. 

"We are developing inhouse technology, but my perspective is if something is out there and it's good, you don't need to build it from scratch," Doris Pitilon, chief technology officer for last mile industrial real estate investment firm Faropoint, tells GlobeSt.com. 

However, making use of third-party software can be a challenge, even with a solid IT team, when it comes time to integrating applications into an existing system.

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