MRI Software announced that it has completed the acquisition of Manhattan, the real estate and workplace solutions business of Trimble. The close of the deal bolsters MRI’s workplace management offering with robust space scheduling, booking and facilities management capabilities, complementing its comprehensive lease accounting and administration solutions for commercial real estate owners, operators and occupiers worldwide, the company said.
“We are excited to welcome Manhattan and its powerful range of Integrated Workplace Management System (IWMS) solutions to the MRI family,” said Dermot Briody, MRI’s senior vice president of occupier solutions. “With many companies rethinking the future of the workplace, flexible technology will be required to manage different ways of working – in some cases, balancing remote, in-office, or hybrid arrangements for employees – to maximize productivity and position the workplace as a driver of future success. MRI is committed to helping our clients keep buildings well-managed, secure and safe for anyone on the property, including landlords, tenants, visitors or service providers. It is more important than ever to offer solutions that promote the benefits of workplace culture and collaboration.”
As part of MRI, Manhattan clients will gain access to a broader array of applications to manage their lease portfolio, including MRI’s artificial intelligence (AI)-powered lease abstraction technology and comprehensive workplace presence management software offered through its recent acquisition of WhosOnLocation.