Using Virtual Reality To Market Property Worldwide

Robert Lambert and son, TorstenCushman & Wakefield
Robert Lambert

For the first time, Cushman & Wakefield is taking advantage of virtual reality to give tours of Costa Mesa's Park Tower near South Coast Plaza.

As a result, clients will now be able to feel they are touring the actual office space even if they're miles away.

Bisnow recently caught up with Cushman & Wakefield senior director Robert Lambert (pictured above with his son, Torsten) to learn more about the 360 video.

Park Tower, Costa Mesa, CA
Park Tower/Cushman & Wakefield

Park Tower (above) is a 337k SF, 16-story, Class-A office building with a lobby designed by architect Helmut Jahn.

Robert tells Bisnow using 360 video is beneficial for clients since it is "enabling them to see and feel what it’s like" to be at a project.

"You can only show so much through a photo," Robert says.

This especially comes in handy when the decision-maker lives in another state in the US or in another part of the world.

While "multiple clients" have asked about it, Robert says this marks the first time Cushman & Wakefield has used the technology.

Photos would not be able to capture the building’s grand atrium “efficiently,” so people can look up and see it through the virtual reality tour, according to Robert.

“It allows you to view an image in context,” Robert says.

Jessie Kim, LA
Jessie Kim

Robert tapped Prosper VR to create the tour. Prosper VR CEO Jessie Kim (pictured above) tells Bisnow large, commercial buildings “have such grand scale that can only be experienced really and truly in person, so clients can have the experience of actually feeling like they’re on the property.

“2D flat photos just don’t do justice to the building,” Jessie says.

Park Tower, which recently became one of the first buildings in Orange County to be certified LEED Platinum, is connected to South Coast Plaza by a foot bridge.

Robert says they are working with Bravo’s Top Chef runner-up Amar Santana's Vaca Restaurant. The building also houses New Zealand’s Fisher & Paykel’s US headquarters.

Below is the exclusive 360 tour of Park Tower. Those with VR headsets can check out those images here.

Park Tower, Costa Mesa, CA
Park Tower/Cushman & Wakefield

Continue reading this story with a free account

Log in or register
Sign up for more articles like this
Subscribe to Bisnow's Orange County Newsletters
Related Stories

TruAmerica Breaks Ground On Santa Clarita Multifamily: The Los Angeles Deal Sheet

Bank Reportedly Looking To Sell $500M In Data Center Loans Following Elections

Simon Achieves 17% Rent Growth On New Leases As Retail Demand Soars

KBS REIT III Gets Short Reprieve On $455M In Office Loans

Former Vornado Exec Gets 11 Years In Prison For Stealing $9.5M From REIT

How To Power The Next Generation Of AI Facilities For Grid Compatibility And Sustainability

'It Has Gotten Worse, And Everybody Is Feeling It': Hiring Slows, Raises Shrink In CRE

Hudson Pacific Posts $218M Loss, Due In Part To Office Sale Losses

LA's New Mayor Is Nithya Raman, Housing Developers' Friend And Foe

Treasury Releases New Nationwide Opportunity Zone Map With 6,600 Tracts

Higher Rates, Economic Uncertainty Push Banks To Tighten CRE Lending Standards

Invesco Closes $97.6M DST Offering