• The $6 million “Sky Lounge” won’t be finished until next year, but Sage Realty Corp. isn’t letting construction hinder renting space in the 850,000-square-foot building. The leasing agents are simply giving virtual-reality tours: Each visitor sits in the marketing office, outfitted with headgear that is coupled with interactive 3-D modeling software.
  • “I think the truth is people recognize the speed of technological advancement is increasing,” said David Eisenberg, chief executive and co-founder of Floored Inc. which develops virtual-reality software and 3-D modeling, including products Sage is using.
  • For commercial developers who put up buildings that cost hundreds of millions of dollars, a virtual-reality tour is relatively cheap. Costs can run from $25,000 to more than $1 million, depending on the scope of the project, Mr. Eisenberg said.

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