Manage Commercial Real Estate? Increase Revenue With Parking Management Software

Managing Commercial Real Estate Properties Through Smart Parking

With the rise of digital technology and interfaces, it should come as no surprise that even the parking sector is being influenced by smart or digital technology. Oftentimes when thinking of smart parking, we think of private parking or new futuresque vehicles parking themselves. In actuality, digital parking offers a real-world opportunity to the modern driver in all aspects of parking. One of the biggest sectors that can greatly benefit from smart parking technology is the commercial one.

Smart Parking Defined

Smart parking is also known as digital parking and is the application of equipment or tools to automate some aspect if not all aspects of the parking area. This can include ticketing, permitting, enforcement, reservations, access, and more. The overall automation of the space is determined by the operator’s goals, budget, and overall need. Some of the tools and equipment that are used in these spaces are license plate readers, lighting, signage, mobile apps, ect. All of these communicate with the digital system in order to run the parking experience.

Commercial Spaces and Smart Parking 

In the commercial real estate sector, properties include those that are used for business and not residential or living. This can include businesses, educational facilities, and other properties like airports or venues. Commercial parking is different from residential parking in the sense that there are different cars being parked at different times and at different rates. This is a greater variability in the cars being parked and the usage from day to day. Such differences require a system or procedure that can adequately monitor and enforce parking regulations efficiently.

Smart parking systems are able to monitor and enforce all aspects of the parking area no matter the location, size, and type. This is done through the mobile application that runs through a cloud-based software in order to register drivers with their vehicles, issue permits if needed, take payments if needed, and monitor overall usage and activity. These systems have an open line of communication between clients and enforcement operators in order to uphold policies and procedures. These systems offer a wide array or benefits for the commercial parking area.

Benefits of the Parking Systems for Commercial Parking Areas 

For more information on how these systems would work in your parking setting, please reach out to a knowledgeable staff member of ParkingBadge. ParkingBadge is a premier smart parking technology company that has professional staff at the ready to help with any questions and assist in design and install of equipment and app use.

Interested in finding out more information about ParkingBadge’s innovative parking management and parking enforcement software? Please visit-  https://parkingbadge.com/pricing