Commercial Real Estate Platform Truss and Immersive Media Technology Company Matterport Partner to Improve the Office Search Process

Commercial Tenants Leverage Virtual Reality to Remotely "Walk Through" Properties

CHICAGO and SUNNYVALE, Calif., July 18, 2017 -- Today, Commercial Real Estate (CRE) platform Truss and immersive media and virtual reality (VR) pioneer Matterport announced their partnership to provide commercial tenants with a completely new form of immersive 3D media when touring office spaces remotely on the Truss platform. With Matterport's state of the art technology, Truss customers will be able to experience full 3D models of properties and understand exactly what it's like to be inside a space. With the partnership in place, Matterport's Service Partner network of over 2,500 photographers will scan more than 2,500 additional listings.

"Our partnership with Matterport is essentially changing how people can visualize commercial properties," said Thomas Smith, co-founder of Truss. "Spending time to physically visit office spaces that may or may not be a match is no longer the only option to search for office space. Thanks to Matterport's sophisticated technology, we can now bring the space to tenants."

Matterport's new Pro2 camera offers DSLR-quality photos in addition to 3D virtual tours, VR experiences and dimensionally accurate floor plans. With the new partnership, Truss is utilizing all of the many outputs that can be created from one camera, allowing office seekers to navigate spaces and walk through them as if physically present. By providing complete information about a property in an immersive, online format, tenants shorten the deal cycle significantly.

"We're excited to partner with Truss as they pioneer innovative ways to help companies search for office space," said Bill Brown, CEO of Matterport. "Our end-to-end solution automates the process of capturing and creating immersive walk-throughs, enabling forward-thinking companies like Truss to deliver a superior experience to their customers."

Today, less than 10 percent of commercial listings include an interior photo of the property and less than 50 percent have complete pricing. The Truss platform transforms the experience and empowers office seekers with total cost of occupancy, dimensioned floor plans and interior details at the very beginning of the search process.

About Truss

Truss simplifies the process of finding and renting office space. Its web and mobile platform enables businesses to go from search to lease with ease. More information about Truss and how to lease office space is available at www.buildtruss.com.

About Matterport

Headquartered in Sunnyvale, CA, Matterport is an immersive media technology company that delivers an end-to-end system for creating, modifying, distributing, and navigating immersive 3D and virtual reality (VR) versions of real-world spaces on Web, mobile devices, and VR headsets. The Matterport Pro Camera and Cloud Services make it quick and easy to turn real-world places into immersive virtual experiences. More information about Matterport is available at www.matterport.com.