Tag: commercial real estate

How to Create Smarter Workplaces with Shrinking Office Footprints in 2024

Gallup measures employee engagement by surveying samples of the working population on various workplace issues, like profitability, productivity, customer service, and retention, linked to business outcomes. According to a recent Gallup poll, only 32% of U.S. employees overall were engaged in 2022. With the influx of new generations of professionals with different working styles, smart […]

Facilities Management Trends Shaping the Market

Globally, commercial buildings are experiencing a number of dynamic challenges. Following the impact of the COVID pandemic, tenant needs and behaviors have drastically changed. The cost of property has grown as interest rates continue to escalate in an ongoing effort to curb inflation. At the same time, the energy crisis has raised operating costs and […]

Navigating the Path to Commercial EV Charging Stations

Companies across various sectors, from retail locations to commercial businesses, are recognizing the shifting consumer attitudes toward electric vehicles (EVs). This growing awareness and changing sentiment are driving substantial investments in EV charging solutions, and there’s no sign this will let up, as EV sales are expected to leap 35% in 2023. As a result, […]

Federal Real Estate Optimization Plan Includes Offloading 23 More Properties

Days after revealing a $2 billion investment in low-carbon construction projects at federal facilities, the U.S. General Services Administration (GSA) announced that it has identified 23 properties to begin the disposition process as it accelerates its efforts to right-size and modernize the federal buildings portfolio. The announcement represents a potential reduction of 3.5 million square […]

Workplace Report Highlights RTO Mandates and Facility Automation

Global worktech company Eptura has released its Q3 Workplace Index, which analyzes building use, asset data, and behavioral insights to provide a comprehensive view of the rapidly changing modern workplace. The report revealed office occupancy is top of mind for many CEOs: 74% of operational leaders are reporting to their CEOs on occupancy metrics at […]

Under Construction: Top Facility Projects of October 2023

Facilities Management Advisor’s “Under Construction” series highlights some of the latest, most interesting facility project announcements every month. Modern Facility for Historic Cemetery October is a spooky season all about Halloween, so of course this month’s list had to include at least one project to commemorate the holiday. Although the historic Oakland Cemetery, Atlanta’s oldest […]

Bridging the Gap: Unifying Digital and Physical Security in the Modern Workplace

In the spirit of Cybersecurity Awareness Month, business leaders must be mindful to secure their workplaces, whether that workplace is remote, in an office, or in a hybrid model. Return-to-office (RTO) mandates have been gaining momentum post-Labor Day, with some surveys showing a whopping 90% of companies are planning to implement RTO policies by the […]

U.S. Green Building Council’s HQ Achieves Triple Platinum Certification

Triple-platinum status isn’t just for rock stars and rappers anymore! The U.S. Green Building Council (USGBC) announced that its headquarters in Washington, D.C., has been awarded a prestigious triple Platinum certification in LEED, TRUE, and WELL. This trio of certifications reflects USGBC’s commitment to healthy, productive, sustainable, and responsible work environments. The new headquarters, which also houses Green Business Certification […]

Report Ranks Top 10 Intelligent Building Software Vendors

A new report from consultancy Guidehouse Insights assesses the competitive landscape in the intelligent building software market and ranks the top 10 vendors. Intelligent building solutions are a steadily growing market segment as commercial building owners and managers adopt new technologies for reducing energy use and carbon emissions, increasing building efficiency, and satisfying tenant demands for comfort, […]

Commercial Real Estate Occupiers Increase Spending on Tech Solutions

A new report from JLL finds commercial real estate (CRE) occupiers are “willing to put their money where the tech is,” with over 80% of companies increasing technology budgets despite a challenging operating environment. According to JLL’s 2023 Global Real Estate Technology Survey, 91% of occupier respondents are willing to pay a premium for tech-enabled space […]