Corporate/Finance
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With acquisition, Limbach pushes into long-term facility services
By adding Pioneer Power to its operations, the specialized facility solutions company is furthering a shift to maintenance and other agreements with building owners.
By Joe Burns • July 10, 2025 -
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Utilities, energy developers back Senate’s more lenient tax credit timeline
A powerful coalition of trade associations and energy groups thanked senators for rolling back some of the House version’s deepest cuts, but the two chambers will need to agree on a final bill.
By Brian Martucci • June 26, 2025 -
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Judge strikes down National Science Foundation’s 15% funding cap for research overhead
The new ruling blocks an effort to cap research overhead reimbursements, which universities use to support development and maintenance of laboratories and facilities.
By Natalie Schwartz • June 25, 2025 -
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Senate Finance Committee reduces House IRA cuts, but few changes for wind and solar
Wind and solar projects must begin construction by the end of 2025 to qualify for the Inflation Reduction Act’s full 45Y and 48E tax credits in the Finance Committee's proposed budget bill.
By Diana DiGangi • June 25, 2025 -
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Canada threatens further tariffs on US steel, aluminum
The exact new rate will depend on progress made toward a tariff deal with the Trump administration that is slated to begin July 21.
By Philip Neuffer • June 23, 2025 -
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For the big players in facilities management, a good quarter
Despite tariff uncertainty and recent reorganizations, the four largest U.S. commercial real estate brokerages — CBRE, JLL, Cushman & Wakefield and Colliers — reported strong growth in the first quarter.
By Robert Freedman • May 16, 2025 -
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HqO launches platform to link building operations, tenant experience and financial outcomes
The platform aims to unify disconnected data and processes and provide a system of record for tenant experience that can help inform asset value and decision-making.
By Joe Burns • May 15, 2025 -
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Building obsolescence risks can help guide renovation planning: JLL
Deep retrofits of central business district office assets can generate well over $3,500 per square meter while saving upwards of 60% on energy costs, the company says.
By Joe Burns • May 12, 2025 -
"Jones Lang LaSalle (JLL) in Pittsburgh, Pennsylvania" by Tony Webster is licensed under CC BY-SA 2.0
JLL sees successful Q1 for new real estate management services segment
The company benefited from growth in its workplace and project management businesses, along with a broader recovery in the office sector, but it won’t predict future market conditions.
By Joe Burns • May 9, 2025 -
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Tariff impacts are manageable, Johnson Controls says
The building solutions company is also confident it can manage increased competition in the data center cooling market, executives said in an earnings call this week.
By Brian Martucci • May 8, 2025 -
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Colliers’ engineering segment booms, but tariffs postpone long-term leasing decisions
Talk about tariffs on services raises an additional concern for the company, although its decentralized structure could help it avoid higher costs, executives said.
By Joe Burns • May 7, 2025 -
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Energy-as-a-service agreements and energy savings performance contracts: What’s the difference?
Both models can provide energy efficiency upgrades with no upfront costs, but asset ownership is one point on which they diverge.
By Joe Burns • May 1, 2025 -
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Cushman & Wakefield unfazed by tariff uncertainty, bolsters services
The company’s services business is now mostly mechanical and engineering, after being known as a janitorial business, CEO Michelle MacKay said.
By Joe Burns • April 30, 2025 -
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Coworking space grows nationwide, but prices and size trends vary
Demand for space from hybrid teams, solo workers and enterprise clients will likely continue to drive expansion in top-tier cities as well as previously overlooked metro areas, CoworkingCafe says.
By Joe Burns • April 29, 2025 -
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CBRE’s property management surges, but tariffs cloud company outlook
The firm saw outsized growth in its local facilities management business in the U.S., and noted immediate wins from a reorganization that took place earlier this year.
By Joe Burns • April 25, 2025 -
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Newmark to combine property, facilities management
The move is seen as a way to boost recurring revenue by making it easier to expand what the company offers building owners and to cross sell them services.
By Robert Freedman • April 15, 2025 -
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Office demand remains resilient in Q1, despite economic uncertainty
Sublease availability and new construction deliveries continue to decline, creating the conditions for “cautious optimism” in the sector, Cushman & Wakefield says.
By Joe Burns • April 15, 2025 -
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Organizations prioritize sustainability, but they’re slowed by manual data processes
A slowdown in federal sustainability mandates is pushing building operators to focus on reduction initiatives, Atrius says.
By Joe Burns • April 14, 2025 -
"City Hall" [Photograph]. Retrieved from City of Brockton, Massachusetts.
Brockton, Mass., leverages energy savings contract to preserve, improve two historic buildings
New window, lighting and HVAC systems aim to reduce energy and improve air quality, including in one building that has been unusable in extreme weather.
By Joe Burns • April 11, 2025 -
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Sodexo sees wins, and delays, in healthcare sector in H1 FY25
As part of a new contract with AtlantiCare, Sodexo will use a centralized system to provide on-demand, hotel-style patient meal ordering, the company said.
By Joe Burns • April 10, 2025 -
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Amid tariff war, Mexican factories work in HVAC makers’ favor, analyst says
The USMCA agreement protects almost half of the commercial products of the biggest HVAC manufacturers from tariffs, which could help keep prices down, a Morningstar analyst says.
By Robert Freedman • April 9, 2025 -
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Facility managers appreciate flexibility in work, despite long hours
While budgets have increased, many facility teams struggle to juggle the rising costs of repairs. Despite this, many feel satisfied with their role and would recommend the career, a survey says.
By Joe Burns • April 4, 2025 -
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Fit outs set to increase as new construction slows
Companies interested in leasing high-quality offices will need to consider fit outs, despite rising commodity and labor costs expected across the U.S.
By Joe Burns • April 2, 2025 -
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VendorPM adds contracts to vendor management platform
With the new module, contracts, compliance and other functions are managed in a single workflow, improving visibility and reducing risk, the company says.
By Joe Burns • March 13, 2025 -
CBRE draws on company veterans to lead Americas property management business
The appointments will help lead the part of the Building Operations & Experience segment the property management giant created in January.
By Joe Burns • March 7, 2025
