Identifying and Solving Real Estate's Most Pressing Challenges

The Cocoziello Institute of Real Estate Innovation is dedicated to advancing the real estate industry through cross-disciplinary collaboration and education. Connecting industry experts with Penn State’s world-class interdisciplinary research institutes and academic colleges that intersect with real estate, we strive to identify and develop new solutions that improve the built environment, enhance the well-being of its occupants, and support sustainable development.

Promoting Innovation
Supporting Sustainability Research
Enhancing the Built Environment
Educating Future Generations

What We Do

Research with Industry

We support Penn State’s leading researchers in exploring innovative concepts, methodologies, and technologies related to the built environment, while actively collaborating with stakeholders—real estate developers, architects, engineers, corporations, and fellow researchers—to exchange insights and translate groundbreaking discoveries into real-world, commercial applications.

Photo of a Immersive 3D Construction Lab at Penn State
Photo of Scarlett Milller working with students

Education and Training

We provide education and training to disseminate the institute’s findings and insights to the broader community. Through workshops, seminars, conferences, and interdisciplinary coursework, we help prepare the next generation of industry leaders.

Our Focus Areas

Property Technology and AI

Leveraging advanced technologies, including robotics, digital twins, artificial intelligence (AI), virtual reality (VR), blockchain, and the Internet of Things to revolutionize the built environment and construction fields.

Next Generation Built Materials

Next generation building materials for industry, especially in companies who are experiencing pain points in building materials.

Transforming Manufacturing Footprints

Exploring how emerging economic, technological, and social innovations will shape manufacturing footprints and industrial infrastructure of the future.

Future Energy Landscape

Enhancing energy efficiency and reducing carbon emissions to meet growing energy needs.

Risk Planning, Assessment, and Mitigation

Identifying hazards, evaluating their impact, and implementing strategies to minimize risks to human safety and infrastructure.

Healthy and Affordable Housing Innovations

Creating healthy, sustainable, and affordable housing solutions, enhancing living environments and accessibility for diverse communities.

Environmental, Social, and Governance

Maximize sustainability within the built environment, leveraging big data, optimizing financial returns, ensuring compliance, and fostering ethical design practices.

Who We Are

The institute brings together private sector leaders with diverse experience across the real estate sector and faculty from top-ranked academic programs.

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We created the institute to spur continuous learning and foster entrepreneurism—but most importantly, we saw a way to finally break through silos with cross-disciplinary conversations. Right now, these complex considerations get walled off in their respective academic fields, but Invent Penn State gives us a platform for dynamic engagement that lets us think about carbon emissions, supply chain logistics, architectural innovations and so much more, all at the same time. That’s an enormous leap forward.

– Peter Cocoziello

How You can Partner with Us

Upcoming Events

January 22, 2026
2:00 pm
- 4:00 pm
University Park, Pa
A collaborative workshop for faculty to develop innovative research ideas in real estate.
January 29, 2026
4:00 pm
- 5:00 pm
University Park, Pa
Michael Eliason, RA. Director - Larch Lab Larch Lab is part architecture and urbanism studio, part think and do tank focusing on prefabricated, decarbonized, climate-adaptive, low-energy urban buildings; sustainable mobility; livable ecodistricts.
February 11, 2026