Operations: Page 2
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Hybrid work patterns, vacancy concerns push office utilization efforts
As organizations report plans to shake up their real estate portfolios, the flight to quality spurs interest in space planning, amenities and hybrid work technologies.
By Joe Burns • Aug. 30, 2024 -
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Dedicated seats, private offices among top drivers for in-office presence: report
Respondents less frequently named access to dedicated meeting rooms, fitness centers and outdoor work spaces as top motivators in the Lincoln Property Co. survey.
By Joe Burns • Aug. 22, 2024 -
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TrendlineTop 5 stories from Facilities Dive
Top 5 stories from Facilities Dive
By Facilities Dive staff -
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Federal agencies plan to shed millions of square feet of office space amid hybrid work shift
A little over 24 million square feet of "underutilized" owned and leased space exists across the government’s portfolio, according to an Office of Management and Budget report.
By Nish Amarnath • Aug. 21, 2024 -
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Office utilization is stable, but occupiers still seek to optimize portfolios: CBRE
To make space planning more predictable, occupiers are prioritizing hybrid work-focused technology and seat sharing, according to a survey of office executives.
By Joe Burns • Aug. 15, 2024 -
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Unplanned downtime incidents have dropped, but costs continue to rise: MaintainX
With downtime costs reaching around $25,000 per hour in 2024, preventive maintenance is becoming the norm, according to a survey of over 1,000 maintenance, repair and operations professionals.
By Joe Burns • Aug. 14, 2024 -
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Workplace operators rethink the corporate cafeteria
High operating costs of traditional food service are pushing operators to new approaches, according to a survey from ezCater.
By Joe Burns • Aug. 12, 2024 -
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Long-term power capacity remains a top consideration for industrial occupiers: JLL
Due to a flight to quality space, owners and occupiers are expected to upgrade older facilities in keeping with new automation systems and technologies, per a new report.
By Joe Burns • Aug. 8, 2024 -
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Space optimization software can expedite portfolio decision-making, Accruent says
As office vacancy rates rise, the firm says its technology can reduce the time and resources required to understand current space usage and inform planning decisions.
By Joe Burns • July 22, 2024 -
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Office real estate is now a tale of three markets, Cushman & Wakefield says
The office vacancy rate will peak at 21.6% in late 2025, but performance between the best and worst buildings varies greatly, according to the firm’s mid-year macro outlook for commercial real estate.
By Nish Amarnath • July 9, 2024 -
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US office vacancy rates break 20% for first time ever
Preliminary second quarter data from Moody’s shows the third straight record-breaking quarter beyond previous historic peaks seen between 1986 and 1991.
By Joe Burns • July 9, 2024 -
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Hybrid work is now the norm, but attendance requirements rarely enforced: CBRE
Average turnover rates are highest for firms that are fully remote compared with those that are fully in-office or other approaches, a survey of more than 340 U.S. companies found.
By Joe Burns • July 3, 2024 -
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R-Zero rolls out short-term leasing for office sensors
The wireless, battery-powered sensors can help organizations study patterns of peak utilization and find the right space to support employee productivity, the building intelligence firm says.
By Nish Amarnath • July 1, 2024 -
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Tech workplaces haven’t caught up to new work patterns, research indicates
Open-plan offices no longer work well for hybrid schedules and video calls, so employees are using meeting rooms for quiet space.
By Carolyn Crist • June 21, 2024 -
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CBRE acquires Direct Line Global, bolstering data center technical services
Direct Line Global, which provides design, installation, maintenance and management solutions and server support infrastructure, will operate as part of CBRE’s data centers solutions business.
By Joe Burns • June 21, 2024 -
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JLL Serve launch highlights ongoing AI initiatives in the commercial real estate sector
The application enables JLL to unify data across disparate assets in a single mobile- and web-based platform, and represents “the next step in JLL’s journey” to automate facilities management workflows, the firm says.
By Joe Burns • June 18, 2024 -
ABM lands $25M deal with Phoenix for city airports
The facility services company will provide janitorial cleaning services spanning 4.8 million square feet of space across Phoenix Sky Harbor International Airport, Deer Valley Airport and Goodyear Airport, it says.
By Nish Amarnath • June 17, 2024 -
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Office spaces are leading CRE stress, Wells Fargo, PNC CFOs say
“Older office buildings that are not renovated in certain areas of different cities are the places that you’re seeing the most stress,” Wells Fargo CFO Mike Santomassimo said Tuesday.
By Caitlin Mullen • June 14, 2024 -
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High-performing submarkets show location and quality are key in life sciences
Ongoing movement to top-tier facilities in core markets is underscoring the need for lab operators to improve space and add attractive amenities, according to JLL.
By Joe Burns • June 13, 2024 -
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Planning for parking demand today and tomorrow
Experts see declines overall but growth in some areas and facility types, with the only certainty being more change ahead.
By Amanda Loudin • June 11, 2024 -
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Insurance costs of US commercial buildings could jump almost 80%, on average, by 2030: Deloitte
To combat rising costs, driven by increasing climate risks, property owners should consider prevention measures, self-insurance and relocation, a report says.
By Joe Burns • June 7, 2024 -
Facilitron’s school facility rental platform gains traction
The platform, which serves some of the biggest U.S. school districts, aims to optimize facility rentals and revenue, replacing outdated systems, says CEO Jeff Benjamin.
By Brian Martucci • May 30, 2024 -
Federal agencies can save $100M or more with predictive models for deferred maintenance: GAO
Agencies can also achieve savings of $10 million or more in the next five years through building utilization benchmarks that help reduce underused office space, according to a U.S. Government Accountability Office report.
By Nish Amarnath • May 22, 2024 -
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Bronx Zoo’s energy overhaul promises nearly $500K in annual cost savings, NYC officials say
The move to replace pumps, waste heat recovery units, coolers and controls at the zoo’s cogeneration plant is part of a $17 million project that also includes water-loop rehabilitation and two boiler replacements.
By Brian Martucci • May 22, 2024 -
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Wearable devices detect cleaning needs in Infogrid’s new data-driven commercial cleaning system
Smart Cleaning Pro uses Internet of Things sensors, wearable devices and cloud-based software to provide real-time data and identify cleaning needs, the company says.
By Nish Amarnath • May 17, 2024 -
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Ecotrak unveils maintenance inventory, technician management tools for multi-site businesses
The new tools for its facilities management platform provide real-time visibility into inventory levels, dispatch operations and more, the company said.
By Joe Burns • May 14, 2024
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