Corporate/Finance
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Midterm elections unlikely to impact commercial real estate: Cushman & Wakefield
Federal policies have not historically impacted property markets or occupancy directly; they can, however, influence interest rates and prices, which can indirectly affect real estate.
By Joe Burns • Nov. 6, 2026 -
Minimal impact from interest rates in Q3: Cushman & Wakefield
“You can’t let the perceived risk obscure the much larger opportunity,” CEO Michelle MacKay said of recent rate hikes. Companies are still investing in quality facilities and technology, she said.
By Joe Burns • Nov. 5, 2026 -
Emcor grows US building services revenue 4.7%
The mechanical and electrical contractor and facility management company took a $34 million impairment for an energy-efficiency performance contracting subsidiary, executives said on a third-quarter earnings call.
By Robert Freedman • Nov. 4, 2026 -
Courtesy of https://ir.carrier.com/news/news-details/2026/Carrier-to-Invest-More-Than-600-Million-to-Expand-Advanced-U-S--Manufacturing-and-Engineering-Capacity/default.aspx
Carrier’s new Fort Worth, Texas, facility will build thermal management systems
The new manufacturing and engineering center will expand the company's U.S. production capacity for air- and water-cooled commercial chillers, among other things, Carrier said.
By Jeff Kinney • Nov. 3, 2026 -
Carrier leverages new chillers to grow data center business
High input costs and a write-down have been challenges, but a growing line of commercial products is boosting sales, the company’s third-quarter earnings show.
By Robert Freedman • Nov. 2, 2026 -
Trane thermal-management solutions aligned to ‘megatrends,’ CEO says
The company’s data center work, including in modular cooling systems, is expected to have a spillover effect in other commercial property types, top executive Dave Regnery said on Trane’s third-quarter earnings call.
By Robert Freedman • Oct. 30, 2026 -
Data center purchases of electrical equipment up 80% since 2025: Hubbell
Demand from light industrial and other nonresidential markets remained strong as well, the electrical equipment supplier said on its third-quarter earnings call.
By Emma Penrod • Oct. 30, 2026 -
Market fundamentals remain strong despite economic uncertainty, JLL CEO says
The firm saw leasing growth across office, industrial and data centers and expects continued growth in its workplace management business as clients work to reduce their vendor count, CEO Christian Ulbrich said.
By Joe Burns • Oct. 29, 2026 -
Nonresidential buildings drive Schneider energy management gains
The company has implemented two price hikes due to inflationary pressures and could impose more increases as impacts persist, CFO Nathan Fast said on an earnings call.
By Joe Burns • Oct. 28, 2026 -
Johnson Controls doubles down on thermal management solutions
Data centers and “mission-critical” businesses like advanced manufacturing and biopharma operations are the target, CEO Joakim Weidemanis said on the company’s fourth-quarter earnings call.
By Robert Freedman • Oct. 28, 2026 -
CBRE CEO sees economic nervousness in markets
The company saw strong growth in facilities management and critical infrastructure services, executives said Thursday, but project management growth dipped as corporate clients reduced real estate spending.
By Joe Burns • Oct. 22, 2026 -
HVAC manufacturers ask judge to drop price-fixing case
There’s been no coordination to keep prices high and nothing in the proposed class action lawsuit filed earlier this year shows evidence of it, say the companies.
By Robert Freedman • Oct. 19, 2026 -
LG Electronics makes US push into AI data center cooling
The company plans to build a 350,000-square-foot chiller manufacturing facility in Virginia backed by a large long-term supply agreement, it announced last week.
By Joe Burns • Oct. 9, 2026 -
Trane, KSE agreement aims to reduce GHG emissions at SoFi, other stadiums
The partnership with Kroenke Sports & Entertainment will introduce low-emission HVAC systems and digital services to its venues, including SoFi Stadium in Los Angeles and Ball Arena in Denver.
By Joe Burns • Oct. 8, 2026 -
Uber Eats to buy workplace food service company ezCater for $2.3B
The business-focused catering platform will expand Uber Eats' large-order business, which has become a significant opportunity in recent quarters.
By Julie Littman • Oct. 7, 2026 -
AirJoule $27M deal could help push water-from-air technology into data centers
ts acquisition of data center cooling company BitSink will help it provide an integrated offering to AI and other high-performance computing data centers, the company says.
By Joe Burns • Sept. 15, 2026 -
Maryland offering $103M in grants for energy efficiency, electrification
The program covers commercial building system retrofits and upgrades. Government and nonprofit buildings can apply for renewable energy and storage projects as well.
By Joe Burns • Sept. 14, 2026 -
JLL to manage global real estate services for world’s largest food and beverage company
The agreement with Switzerland-based Nestlé highlights how companies are shifting from fixed, long-term real estate commitments to “elastic portfolios,” JLL says.
By Joe Burns • Sept. 9, 2026 -
Landlords flex rental power as data center viability becomes ‘everybody’s problem’
Data center supply is being snapped up as quickly as it hits the market, and landlords are taking a more cautious approach to how they structure leases, a partner at Vinson & Elkins said.
By Joe Burns • Aug. 31, 2026 -
Occupancy needs, thermal efficiency boost CRE and building system companies: Q2 earnings roundup
Commercial real estate firms and building system manufacturers are benefiting from a deep structural demand for quality assets in the built environment, executives say.
By Joe Burns • Aug. 18, 2026 -
Hubble’s US expansion signals maturation of flex office market
The push to expand its flex office marketplace comes as companies lean on flex and coworking space to help navigate shifting utilization patterns and the unknown impacts of AI, reports indicate.
By Joe Burns • Aug. 13, 2026 -
KODE OS achieves FedRAMP High authorization
Achieved through Palantir’s FedStart program, the designation means KODE Labs can offer its building operating system to federal agencies operating in sensitive, mission-critical environments.
By Joe Burns • Aug. 7, 2026 -
Commercial real estate benefiting from ‘deep structural demand,’ Cushman & Wakefield CEO says
The company is investing in its technical capabilities as organizations seek thoughtful advice and careful management of buildings and infrastructure amid a volatile geopolitical environment, CEO Michelle MacKay said.
By Joe Burns • Aug. 6, 2026 -
Schneider Electric, Budderfly to upgrade 7 municipal facilities in Cadillac, Michigan
The energy efficiency, distributed energy and building automation project aims to help the city stabilize operating costs and maintain services during outages, a city official said.
By Joe Burns • Aug. 5, 2026 -
Carrier sells energy service business to Opterra
The Noresco performance contracting business, which spans government and higher education campuses, will help the combined company meet customers’ energy resiliency demands, Opterra said.
By Joe Burns • Aug. 3, 2026