Corporate/Finance
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Courtesy of Trane Technologies
Record-setting commercial performance offsets residential struggles: Trane
Commercial HVAC bookings jumped 30% in the third quarter as Trane executives touted the multi-year growth opportunity from data centers.
By Brian Martucci • Nov. 10, 2025 -
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For building services companies, a good Q3 as they ride RTO, data center waves
CBRE, JLL and Cushman & Wakefield continue to benefit from return to work-driven leasing activity and data center services, which also boosted building control and HVAC system providers.
By Joe Burns • Nov. 7, 2025 -
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Data center cooling drives Johnson Controls growth
The company is developing a full-stack thermal management portfolio for data centers. It’s also leaning into building decarbonization solutions, executives said Wednesday.
By Brian Martucci • Nov. 7, 2025 -
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CBRE pays $1.2B to expand data center, critical power system capabilities
The deal will help CBRE serve data centers, power and energy assets and other facilities requiring uninterrupted power, its building operating segment chief says.
By Joe Burns • Nov. 6, 2025 -
Permission granted by Food Lion
Carbon dioxide-based cooling part of 153-store Food Lion remodel
Energy-efficient lighting, refrigerated cases with doors and carbon dioxide-based cooling systems are among changes the grocery chain made as part of a $484 million project that’s boosted sales.
By Sam Silverstein • Nov. 6, 2025 -
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JLL posts 10% revenue gains amid AI push
The company saw strong growth in workplace management and leasing during Q3. It plans to integrate its software and technology business within real estate services to boost efficiency, CEO Christian Ulbrich says.
By Joe Burns • Nov. 5, 2025 -
Nathan Howard via Getty Images
How MEP contractor Comfort Systems USA leveraged Lego-like model to drive 15x growth
The company’s investment in volumetric modular construction capabilities makes it a go-to mechanical contractor for companies racing to build data centers or reshore manufacturing.
By Robert Freedman • Nov. 4, 2025 -
Courtesy of Schneider Electric
Schneider Electric sees energy management demand drive strong quarter
Data center, hotel and retail customers snapped up Schneider’s software, systems and services as it readies new energy technology market positioning.
By Brian Martucci • Nov. 3, 2025 -
Kevin Dietsch via Getty Images
Honeywell completes spinoff of refrigerant maker Solstice
By spinning off the company, Honeywell can focus on being a “pure-play automation company,” CEO Vimal Kapur said.
By Shefali Kapadia • Oct. 30, 2025 -
Permission granted by Cushman & Wakefield
Cushman & Wakefield benefits from flight to quality, service improvements
The firm saw third quarter growth in management and leasing and expects more gains as it bolsters its engineering and data center capabilities, CEO Michelle MacKay said.
By Joe Burns • Oct. 30, 2025 -
Courtesy of Carrier Global Corp.
Strong commercial HVAC sales help Carrier offset residential weakness
The company’s data center business is expected to double by year’s end. Its applied and aftermarket businesses are also doing well, while light commercial dipped as small businesses struggle.
By Robert Freedman • Oct. 29, 2025 -
Spencer Platt via Getty Images
Honeywell spin-off plans leave building automation at core
The industrial conglomerate is focused on 2026, when it will finalize a split into three companies, including an automation pure-play involving its building and industrial service offerings.
By Brian Martucci • Oct. 24, 2025 -
Alamy
CBRE sees strong growth led by record Q3 leasing and data center expansion
The firm’s building operations segment increased revenue by double digits, adding to continued recovery in leasing, project management and cost consultancy across sectors.
By Joe Burns • Updated Oct. 27, 2025 -
Maddie Meyer via Getty Images
Judge strikes down federal indirect cost cap hurting college facilities
University facilities managers’ budgets often pull from federal funds that support research. The ruling gives FMs a reprieve from the Administration’s effort to limit this source of money.
By Joe Burns • Oct. 21, 2025 -
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With acquisition, Lennox becomes big seller of HVAC parts
The industry giant is expanding its component sales at a time when manufacturers are passing along price increases of close to 10% in large part because of tariffs.
By Robert Freedman • Oct. 17, 2025 -
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Facilities management conferences of note in 2026
Next year’s facilities management conferences will cover best practices for managing building systems, leveraging technology, recruiting and retaining talent and navigating market conditions.
By Joe Burns • Sept. 30, 2025 -
Retrieved from Budderfly on September 30, 2025
With deal, Budderfly looks for EaaS growth in manufacturing sector
The energy-as-a-service model can help manufacturers improve their resiliency while lowering their costs and reducing their emissions, CEO Al Subbloie says.
By Joe Burns • Sept. 30, 2025 -
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Healthy buildings offer bottom-line benefits to building owners, report finds
Improved ventilation, lighting and thermal comfort can provide more than $50 per square foot in productivity gains and support rent premiums, the International WELL Building Institute says.
By Joe Burns • Sept. 23, 2025 -
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Leasing, services lead to steady quarterly earnings for big FM firms
Commercial services firms saw success in office and industrial leasing activity, while major building control and automation companies worked through tariff impacts, according to earnings reports.
By Joe Burns • Aug. 15, 2025 -
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Heat pump adoption expected to grow despite federal shift
The One Big Beautiful Bill Act accelerates a move toward affordability, ease of installation and retrofit readiness, according to one manufacturer.
By Joe Burns • Aug. 14, 2025 -
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Office occupiers seek ways to improve vibrancy of space: CBRE
Workers that go into the office when it’s only partially full don’t find the environment appealing and are less likely to return the next day, the firm reports.
By Joe Burns • Aug. 11, 2025 -
JHVEPhoto via Getty Images
JLL sees continued demand for increasingly scarce energy efficient assets
Strong growth in workplace, property and project management drove an increase in the firm's real estate services revenue during the second quarter.
By Joe Burns • Aug. 6, 2025 -
Alamy
Cushman & Wakefield sees success in services retention, leasing in Q2
The firm has benefited from a flight to quality in office and industrial markets, with companies continuing to make deals despite tariff-driven volatility, CEO Michelle MacKay says.
By Joe Burns • Aug. 5, 2025 -
Permission granted by Joe Burns
Colliers engineering segment grows 67% in Q2
The firm secured contracts for infrastructure development and large-scale projects in the private sector and expects leasing to tick up.
By Joe Burns • Aug. 1, 2025 -
Courtesy of Schneider Electric
Data centers drive Schneider Electric gains as tariffs bite
The company expects its pricing power to help it offset tariff impacts and inflation over the next quarters.
By Brian Martucci • Aug. 1, 2025
