Sponsored by Monday Properties and written by ARLnow, Startup Monday is a weekly column that profiles Arlington-based startups, founders, and other local technology news. Monday Properties is proudly featuring 1515 Wilson Blvd in Rosslyn.
As a commercial real estate broker, Greg Carpentier always felt he was missing or struggling to find two important pieces of information when negotiating office deals.
Floor plans and square footage.
“It was a treasure hunt,” he said.
If that information did exist, Carpentier says it was disorganized and did not reflect the upgrades landlords would make to suites and amenity spaces. But those numbers had to be accurate since the constantly fluctuating amount of usable space determines the price to buy or lease office space.
So he set out to do something about it. Carpentier talked to colleagues and clients — who shared similar frustrations — and researched the competition. Finding few competitors, he hired an overseas software developer to build a prototype solution: a platform for real estate brokers, architects and landlords to store, access and share floorplans and other office layout information.
That’s how floorwire, based out of Carpentier’s apartment near Rosslyn, was born. He incorporated the company in 2019, had domestic software developers build a new version of the software, and began taking on clients in 2020. He assembled a small team of employees in August.
Brokers, architects and landlords are not the only people who benefit from a 21st-century alternative to scrolls and scrolls of paper floorplans. The product saves tenants time and money and gives them peace of mind, says Abby Caldwell, a former client of Carpentier’s who is now the Director of Operations for floorwire, the first letter of which is deliberately displayed as lower case.
“I was in a few situations when I was a tenant where I was under pressure to move quickly and acquire additional space on a tight timeline,” she said. “The current leasing timeline is longer than you might think, and we save you time by creating a more efficient process. Also, the tenants sleep easier at night knowing the data is accurate.”
Carpentier’s company began taking on clients during the pandemic, which he says was the catalyst the commercial real estate market needed to abandon its outdated, low-tech approach to calculating and keeping tabs on square footage.
“What Covid did, as a whole, is make everyone realize how far behind commercial real estate is with regard to technology,” he said. “It exposed the problems and sped up the need for technology.”
For example, he said, Covid pushed people in commercial real estate to invest in sensors that are more accurate than architects at measuring office layouts, which are being reconfigured on a massive scale to entice workers back into the office.
“It’s a great opportunity to change the model,” he said.
This emerging industry sector is dubbed “proptech,” or property tech. Carpentier says venture capital funding is flowing into the sector, which he predicts will grow rapidly in the next five years.
“There’s so much opportunity for such a fundamental industry,” he said. “There’s a lot of money in commercial real estate. It’s a huge market: second to the stock market.”
As proptech grows, so too does floorwire. In August 2021, the company was able to hire full-time employees. In 2022, its leaders aim to take on new clients and keep working with existing ones.
“I’m really excited to take groundwork we laid in 2021 and run with it this year,” Caldwell said.
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Synetic Theater Camps are a wildly fun, highly accessible choice for young people who love moving, playing games, and making memories. Registration is open now for Summer Camps (sessions June 20-August 25) and there are even a few spots left for Spring Break camp, April 3-7.
Located in National Landing, these performance-based camps are designed for students of all ages – no theater or performance experience required.
Led by professional teaching artists, campers learn acting, movement, and technical theater skills through the lens of Physical Theater. Physical Theater incorporates acting, movement, dance, mime, and acrobatics. If you’ve seen a Cirque du Soleil performance, you’ll find many similarities.
Most first-time campers are new to the performing arts, and teaching artists are well-versed in engaging students at all levels. Parents and campers report that one of the best parts of Synetic is the community, with many families returning year after year because they feel a strong sense of belonging.
EDBS Dental Billing Solutions is pleased to announce that it has achieved compliance with the federally mandated standards of the Health Insurance Portability and Accountability Act (HIPAA) through the use of Compliancy Group’s proprietary HIPAA methodology, The Guard® compliance tracking software, and HIPAA Seal of Compliance®.
The HIPAA Seal of Compliance is issued to organizations that have implemented an effective HIPAA compliance program through the use of The Guard, Compliancy Group’s proprietary compliance tracking solution.
Clients and patients are becoming more aware of the requirements of HIPAA compliance and how the regulation protects their personal information. Forward-thinking providers like EDBS Dental Billing Solutions choose the HIPAA Seal of Compliance to differentiate their services.
“Since the nature of our business being exclusively remote, we take HIPAA compliance very seriously. With the help of Compliancy Group, we are able to take steps to fortify our systems to protect PHI information and familiarize each employee about HIPAA and how we can further safeguard PHI data.” said EDBS Dental Billing Solutions founder Goldie De Leon.
WHS Spring Festival
Join us at the WHS Spring Festival on April 22, 2023, from 10am- 3pm at Wakefield High School(main parking lot). Come out to shop, play, and eat!
Shop local vendors, arts & crafts, new and used items, food vendors/trucks, and
District 27 Toastmasters 2023 Virtual Conference
District 27 Toastmasters invites you to its annual conference where you can hear phenomenal speakers, attend professional development and personal growth seminars about leadership, negotiation, communication, teamwork, and mentorship. Learn how to develop your personal story and how to improve