Dividend Capital Diversified Property Fund Chooses MRI Workspeed to Better Manage Property Operations

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In an effort to better leverage technology solutions to manage property operations within its multi-tenant office portfolio, the real estate investment trust expanded their partnership with MRI Software to include MRI Workspeed Property Operations.

We first encountered MRI Workspeed at the 2011 MRI International Users Conference where we were immediately impressed with the software’s capabilities. -Larry Braud, Vice President

Looking to increase their building operations efficiency by using a technology solution, Dividend Capital Diversified Property Fund (“DPF”), a real estate investment trust, has broadened their relationship with MRI Software to include MRI Workspeed Property Operations. DPF implemented this efficient solution at their largest office property and is currently in the middle of an implementation on two other office properties.

“We first encountered MRI Workspeed at the 2011 MRI International Users Conference where we were immediately impressed with the software’s capabilities,” explained Larry Braud, Vice President of Asset Management at Dividend Capital Diversified Property Fund. “The ability to easily convert completed work orders into tenant billings, the anticipated future integration between Workspeed and MRI Commercial Management made it an easy decision to have Workspeed as the application of choice to better operate our properties. We chose our largest office property to serve as the Workspeed implementation pilot due to the property manager’s familiarity with Workspeed. The Workspeed implementation furthers a broader initiative by DPF to better leverage technology solutions across all aspects of our portfolio.”

Currently using a variety of property operations processes and technology solutions across their real estate assets, DPF plans to streamline their property management process by using one centralized database. Workspeed will enable the company to automate processes such as service requests and preventive maintenance, simplifying their daily building operations and decreasing daily labor. They will also enjoy the convenience of Workspeed Mobile Apps, which empower tenants, facilities management staff, and property managers to submit and update requests from the palm of their hand via an iPhone®, Blackberry® or Android™ powered smartphone.

“Workspeed organizes and streamlines the facilities management process on a single, flexible, intuitive, rule-based platform,” said David Post, CEO of MRI Software. “We are excited to empower Dividend Capital Diversified Property Fund with one of our many award-winning solutions.”

For more information about the MRI Workspeed facility management software, please visit: http://www.mrisoftware.com/workspeed.

About MRI Software

MRI offers property management software solutions to the global real estate management and investment industries. As a leading provider of real estate enterprise software applications and hosted solutions, MRI serves the global multifamily and commercial property industries, helping them improve their bottom line and maximize their returns on their diverse business portfolios. MRI leverages its more than 40 years in business to develop long-term successful relationships with its clients. For more information, please visit http://www.mrisoftware.com.

About Dividend Capital Diversified Property Fund

Dividend Capital Diversified Property Fund is a direct real estate program that offers investors pooled access to real estate investing with a daily net asset valuation. Since the formation of their first real estate companies in 1990, the principals of Dividend Capital and their affiliates have sponsored the formation of a wide range of institutional real estate investment management and finance businesses operating throughout North America, including public and private platform companies. From inception in 1990 through December 31, 2012, these companies have developed or acquired real estate assets totaling approximately $11.5 billion1 in a diverse range of product types, including residential, retail, office, industrial and land.

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April Haviland
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