The Latest
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Lab space supply-demand balance likely in coming years, JLL says
Boston, San Diego and the San Francisco Bay Area saw the most demand growth in the first quarter of 2024, the report states.
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HelixIntel shifts focus with CMMS debut
The computerized maintenance management system, which combines preventive maintenance, asset tracking and predictive analytics, becomes a key component of its platform, PropertyOS, the company said.
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OSHA heat standard clears regulatory hurdle
A committee has unanimously recommended that the agency advance the proposal for a heat safety rule.
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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.
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Hotel energy, water consumption rose amid post-pandemic travel surge
Cornell University's latest Hotel Sustainability Benchmarking Index noted a general increase in energy and water consumption for the first time in 10 cycles.
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Freewire Technologies on the verge of terminating operations
The EV charging supplier, which works with Chevron, Phillips 66 and other c-store retailers, is seeking funding amid financial challenges.
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Loyola University mixed-use building cuts HVAC costs and emissions 10% with AI-driven algorithm
Deploying BrainBox AI’s technology also cut carbon emissions by 15% during periods of renewable energy curtailment on the grid when used in conjunction with WattTime, according to a case study on the building.
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DOE recognizes 13 school districts for efficiency, healthy school efforts
There is also a nationwide drive to boost indoor air quality and health in schools, backed by experts and data pointing to improved student performance.
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Industrial markets primed for lower vacancy rates, higher competition for space: JLL
A slowdown in construction and expected demand from midsize operators and manufacturers could create supply shortages and reignite rental rate growth, according to its Q1 industrial outlook.
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GSA called out for poor oversight of maintenance contracts
Contractors did not complete 34 of the 49 work orders for six U.S. General Services Administration-owned buildings, an inspector general report says.
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The Connecticut hotel offering a road map for zero-emissions hospitality
Transforming a 50-year-old office building into the first all-electric, Passive House-certified hotel in the U.S. was a challenge. But the end result has been “good for business” at Hotel Marcel.
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Building, facilities workers mobilize nationwide for better wages, benefits
From New York City to Los Angeles, workers are rallying for higher wages and improved conditions, threatening strikes if demands aren't met.
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Effective vendor solicitation grows more important amid labor challenges
As construction costs spike and the workforce ages, improved scope of work documents can better attract quality experts while maintaining budget, a speaker at IFMA's Facility Fusion said.
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Data centers boom again, boost construction planning
However, traditional office and hotel projects continued to face slower momentum last month, according to the Dodge Construction Network.
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Angi launches skilled trades scholarship program to bridge talent gap
With trades jobs marketplace BlueRecruit, the company also aims to connect skilled trades job seekers with businesses that are hiring.
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Tenants retain upper hand as US office vacancy hits fresh high: CBRE
Many office landlords are continuing to offer tenants generous concessions as hybrid work and other factors weigh on demand.
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Laiier integrates water leak detection tool with Wattsense connectivity platform
The integration adds to the devices that can connect to the Wattsense platform, which aims to reduce the complexity of sensor technologies for small- and medium-sized businesses.
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JLL’s Work Dynamics, property management businesses fuel Q1 revenue growth
Workplace management revenues within Work Dynamics climbed 15% while U.S. office leasing volumes rose 14% in the first quarter of 2024, with many occupiers looking to upgrade space, the company said.
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Dual-phase immersion cooling can lower future cost of ownership in most cases, case study finds
Air cooling is not suitable for server rack densities found in data centers being built today, LiquidStack says.
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CBRE sees facilities management, project management net revenue growth, leasing rebound in Q1
Costs in the firm’s global workplace solutions segment “have increased at an unacceptable rate,” however, prompting cost-cutting actions, CEO Bob Sulentic said.
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Q&A
Climate action, technology can feed maintenance, energy efficiency, C&W Services exec says
Michael Gill, new senior director of client services for New England at the Cushman & Wakefield subsidiary, discusses reducing energy and carbon use intensity to meet sustainability goals.
Updated May 15, 2024 -
Brookfield, Microsoft ink largest-ever corporate clean energy deal for 10.5 GW
To help Microsoft run its data centers and other operations on carbon-free power 24/7, Brookfield will deliver wind, solar and other "new or impactful" technologies between 2026 and 2030.
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Schneider Electric’s new battery energy storage system aims to boost microgrid efficiency
The system allows energy to be stored during off-peak hours, when electricity rates are lower, and used during peak demand periods, a company executive says.
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Improving workplace experience grows in importance for commercial real estate teams
Data integration and change management challenges have hindered widespread adoption of workplace experience applications, but implementation is expected to rise in 2024, according to a report from CBRE.
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Hotel workers hold nationwide protests ahead of contract expiration
A possible “widespread labor dispute” could impact 40,000 hospitality workers across the U.S. and Canada, according to Unite Here.