Tag: CRE

EPA Names First ENERGY STAR-Certified Auto Dealerships

The U.S. Environmental Protection Agency (EPA) is recognizing eight vehicle dealerships for being the first to earn its ENERGY STAR certification for superior energy performance. Vehicle dealerships that earn the ENERGY STAR use significantly less energy—and contribute fewer greenhouse gas (GHG) emissions—than their peers. “Reducing energy use in commercial buildings is an essential part of […]

Unlocking Efficiency: Navigating the Future with Facility Automation

The shift towards hybrid work has revolutionized workplace dynamics, prompting operational leaders to adapt swiftly. With this evolution, employees have presented diverse demands, compelling leaders to leverage workplace technology for precise metrics. This technological utilization is not solely for convenience; it has become integral for managing facilities and strategizing space allocation effectively. Interpreting these metrics […]

CBRE Inks Billion-Dollar Deal to Acquire Facility Services Provider J&J Worldwide

CBRE Group Inc. has announced a definitive agreement to acquire J&J Worldwide Services—a provider of engineering services, base support operations, and facilities maintenance for the U.S. federal government—from private equity firm Arlington Capital Partners. CBRE, one of the world’s largest commercial real estate services and investment firms, said the deal will expand the Dallas-based company’s […]

The Future of Open Floor Plans: Achieving Flexibility Without Employee Backlash

Cubicles and closed-off spaces in workplaces are outdated. Today, many businesses prefer open floor plans over private work zones. While open spaces are great for collaboration, they also have some drawbacks. How can you enhance the flexibility of open floor plans, boost employee well-being, and mitigate the drawbacks? Here are some ideas to consider. The […]

AI Adoption Creates ‘Unprecedented Demand’ for Data Centers: JLL Report

As the global economy continues to rapidly adopt artificial intelligence (AI), infrastructure to support these systems must keep pace, according to a new report from JLL. Consumers and businesses are expected to generate twice as much data in the next five years as all the data created over the past 10 years. This growth presents […]

Companies Prioritize Shared Office Space in the Age of Hybrid Work

In 2023, 90% of companies offered some level of hybrid work, according to a new survey from CBRE. The adoption of hybrid work is driving companies to lease less space and redesign their offices to be more effective for employees, with space changes varying by industry. The annual survey reflects workplace and occupancy insights from 66 […]

Net-Zero Commercial Building Market Poised for Dramatic Growth: Report

The market for net-zero commercial buildings is expected to grow dramatically over the next decade, largely due to the implementation of net-zero building codes by national and state governments across Europe and North America. According to a new report from Guidehouse Insights, the number of net-zero commercial buildings around the world is estimated to be nearly 500 in […]

The Rise of Proptech and What It Means for Facilities Management

As facilities managers or field experts, new challenges arise as the world grows more interconnected and data-hungry. These include the need to handle massive volumes of data, increase efficiency, and embrace cloud computing. Since the world is moving more quickly, businesses that do not adapt risk losing their ability to succeed and the possibility of […]

A Fresh Look at Energy Efficiency in the Era of Hybrid Work

Although it’s been a full three years since the start of the pandemic, the question among employers and employees about how and where to work still very much exists. Despite initial concerns when the world shut down in early 2020, work persisted and productivity flourished with the help of new collaboration tools and processes, affirming […]

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 […]