Johnson Controls posts strong Q3 results driven by robust demand, backlog

The company clocked a 10% rise in organic sales within its North America building solutions segment, buoyed by the strength of its HVAC and controls business.

By Nish Amarnath • Aug. 8, 2023

CBRE earnings boosted by facility outsourcing, technical services demand

The firm’s expansion of technical labor across the U.S. has driven the growth of its facility services and project management segment.

By Joe Burns • Aug. 7, 2023

JLL property management, high-quality building services soften leasing woes

Boosted by above-average occupancy rates in sustainable and Class-A buildings, the firm cited a positive outlook despite missing earnings expectations.  

By Joe Burns • Aug. 4, 2023

Schools forced to delay or revise facility projects amid soaring market costs

Labor shortages and supply chain woes throw a wrench in school projects as market forces balloon total project costs beyond what was initially budgeted.

By Naaz Modan • Aug. 3, 2023

Cushman & Wakefield sees 20% leasing revenue decline in Q2

The firm targets $130 million in cost savings for 2023, but posted a $71.3 million first half net loss due to depressed demand for U.S. office space.

By Nish Amarnath • Aug. 2, 2023

JLL GPT brings conversation-based generative AI to commercial facilities managers

The firm says the technology will provide building operators more efficient access to space utilization and portfolio optimization insights.

By Joe Burns • Aug. 2, 2023

Robot butlers take over hotel deliveries

Relay Robotics CEO Michael O’Donnell said the company is in “full-on growth mode” as hotels turn to robots for assistance with making deliveries.

By Noelle Mateer • Aug. 1, 2023

Federal government lags behind in facilities upgrades, maintenance

Performing much-needed repairs and upgrading public spaces is key to retaining talent amid increasing return-to-office mandates, a JLL report says.

By Joe Burns • Aug. 1, 2023

The air we breathe is changing. Here’s how to improve it in your facilities.

Measuring temperature, humidity, particles and gases is vital to mitigating the impact of poor outdoor air quality, says TSI Incorporated President Tom Kennedy.

By Tom Kennedy • July 31, 2023

In rebounding M&A market, HR needs a strategic approach to integrate workplace cultures

Organizational culture has become a significant consideration for employees choosing where they want to work, and M&A can disrupt that, a new McLean report advises.

By Laurel Kalser • July 28, 2023

Inovues, QEA Tech partnership aims to recoup over 50% of energy lost through building envelopes

The deal is expected to help commercial building owners reduce energy consumption and slash greenhouse gas emissions.

By Nish Amarnath • July 27, 2023

SEC votes to overhaul disclosure rules for material cyber events

After a fierce debate, the agency voted to require companies to come clean on material breaches and attacks within four business days of determination.

By David Jones • July 26, 2023

Can AI make better hires? Maybe, experts say

AI can make HR's job easier in a myriad of ways, according to a report from The Josh Bersin Company. The utility of AI in hiring, however, remains up for debate.

By Caroline Colvin • July 26, 2023

Federal agencies struggle with office utilization, excess space

Officials noted that reconfiguration costs and uncertainty over in-office attendance policies are roadblocks to effective space utilization.

By Joe Burns • July 24, 2023

Climate tech startup Aeroseal nets $67M

The company said the funding, led by Climate Investment and Bill Gates’ Breakthrough Energy Ventures, will be used to seal leaky air ducts in about 260,000 buildings per year by 2026.

By Nish Amarnath • July 24, 2023

Northwestern Mutual taps Gilbane, CG Schmidt for $500M office renovation

The contractors have posted bid packages to renovate the 540,000-square-foot North Office Building at the insurance giant’s Milwaukee campus.

By Matthew Thibault • July 24, 2023

3M plans South Dakota healthcare facility expansion for up to $468M

The move comes as the chemical manufacturer plans a healthcare business spinoff by the end of 2023.

By Sara Samora • July 21, 2023

New York completes state’s largest rooftop solar project atop Medline distribution center

Governor Hochul says the 7.2-megawatt community solar project is expected to power over 1,600 homes and reduce energy costs for both Medline and local residents.

By Joe Burns • July 21, 2023

HVAC manufacturer Modine adds high-efficiency heating and cooling systems to K-12 portfolio

The new product line, slated to merge into the company’s distribution network, aims to help facilities managers install cost-efficient air systems.

By Nish Amarnath • July 21, 2023

Amtrak looks to upgrade maintenance facilities in 4 major cities

The rail company has issued Requests for Qualifications for Boston, New York City, Seattle and Washington, D.C., as part of a push to modernize facilities across 20 U.S. sites.

By Joe Burns • July 20, 2023

Digital Realty picks IBM software to elevate ESG performance

IBM’s ESG suite is expected to accelerate sustainability goals through refined tracking, monitoring, analysis and reporting.

By Nish Amarnath • July 20, 2023

Feds award $2M to Penn College for workforce development

The college will match the investment, creating a $4 million budget for initiatives such as construction to add capacity for worker training programs.

By Megan Ruggles • July 19, 2023

Growing US office foot traffic drives surge in bookings through H1 ’23

Data from a hybrid workplace experience outpost points to a 20% jump in total desk bookings amid increased office traffic.

By Nish Amarnath • July 19, 2023

Johnson Controls buys FM:Systems to expand digital building capabilities

The $455 million acquisition is expected to strengthen Johnson Controls’ OpenBlue platform and ramp up its net-zero building capabilities with workplace management software.

By Joe Burns • July 18, 2023

JPMorgan transforms 27-year-old Polaris facility in Ohio into a smart building

The 2-million-square-foot building’s renovations involved installing almost 40,000 rooftop and carport solar modules, and will help achieve a 40% decarbonization target by 2030.

By Nish Amarnath • July 17, 2023