The U.S. General Services Administration (GSA), which oversees federal facilities and represents one of the largest landlords in the country, is accelerating its efforts to “right-size and modernize” its federal real estate portfolio. After revealing plans to offload 23 properties in 2023 and three more earlier this year, the agency has now started the disposition […]
The New York Power Authority (NYPA) announced it installed a suite of energy efficiency upgrades at Stony Brook University Hospital (SBUH), an academic medical center on Long Island, N.Y. Totaling nearly $20 million, the projects directly support BuildSmart 2025, a statewide energy efficiency program administered by NYPA aimed at reducing energy usage in state facilities […]
Of the 776 million square meters of existing office space across 66 markets globally, about half of that space, or 322-425 million square meters, is likely to require substantial investment to remain viable in the near term—an investment of approximately $933 billion-$1.2 trillion in spending. That’s according to JLL’s latest research, “Opportunity Through Obsolescence.” The […]
CPKC Stadium, home of the Kansas City Current professional women’s soccer team in Missouri, has earned Leadership in Energy and Environmental Design (LEED) Gold certification. Developed by the U.S. Green Building Council (USGBC), LEED certification is among the most widely used green building rating systems in the world. “We are thrilled to earn LEED Gold certification […]
Remember the days when many team members were in the office? Well, they’re back, and it may come as no surprise they’re not always excited about returning to their old/new workplaces. Almost every day, there’s another headline covering a CEO calling employees back to the office. Even the U.S. Department of Labor ordered its remote […]
Fewer workers are dying from hazards where the Occupational Safety and Health Administration (OSHA) has focused its enforcement resources. Preliminary agency data show a decrease in fatalities the agency is mandated to investigate, including significant reductions in fatal injuries from trench collapses and falls, two of the leading causes of death among construction industry workers. […]
Offices are increasingly vacant. According to Moody’s Q2 2024 CRE trend report, office vacancy rates have exceeded 20% this year as businesses reduce their space or leave the office entirely, driven by the continued demand for hybrid work. In response, building owners and facility leaders are under increased pressure to offer enhanced amenities, to help […]
When upgrading a building’s envelope, facilities managers and designers should use materials created to protect aging structures while modernizing their visual aesthetics. The building enclosure separates the interior from the environment, shielding it from external elements. Most aging structures were created with outdated materials, decreasing their thermal efficiency and providing less protection. Metal panels may […]
The 2024 presidential election is over, with Donald Trump emerging as the clear winner and heading back to the White House next year. But what does a new Trump presidency mean for facilities management (FM) and related industries that impact FM, including the security, construction, and clean energy sectors? Only time will tell. Meanwhile, leaders […]
On this latest episode of FMA Shorts, Camilla Yamada, director of special projects at UMC, explores the myriad benefits of smart building technology in healthcare facilities. This clip was taken from a webinar titled “How Building Tech Is Improving the FM Industry.” The full session is available for FREE on-demand here.