Tag: commercial real estate

Office Aesthetics Matter—and That Includes Kitchen and Breakroom Cabinetry

Office amenities take on wear and tear throughout the day, and over time, they can experience significant aesthetic breakdowns. This is true of workspaces, but it’s equally true of kitchens and breakrooms—areas that tend to see a lot of foot traffic from employees as they brew coffee, prepare their lunches, or simply seek a quick […]

Office Conversions and Demolitions to Outpace New Construction in 2025: CBRE

More office space will be removed from the U.S. market this year than added to it for the first time since at least 2018 and likely longer, providing another indicator of the market’s stabilization and nascent recovery, according to a new report from CBRE. CBRE’s analysis of office-market activity across the largest 58 U.S. markets […]

Smart Building Tech: A Strategic Line of Defense Against Rising Insurance Costs

Just as commercial real estate (CRE) began to recover from the impacts of COVID-19, the industry is now entering a new era of financial pressures. Driven by an uncertain economy, aging infrastructure, extreme weather events, and a more conservative insurance underwriting landscape, property insurance premiums are climbing at an alarming rate. In Q1 2024, commercial […]

Smarter Maintenance, Healthier Restrooms: Survey Insights Fuel New Approaches to Washroom Design

In an era when hygiene expectations are higher than ever, well-maintained commercial restrooms are no longer just a courtesy—they’re essential to public trust, operational efficiency, and brand image. According to Bradley’s 2025 Healthy Handwashing Survey, 71% of Americans say they are more likely to return and even spend more money at a business with a […]

Unlocking the Future of Commercial Facilities Through Occupancy Setbacks

Commercial office building owners are racing to make their properties smarter, more resilient, and more adaptive. The drive for greater energy efficiency and occupant comfort is intensifying, fueled by the need to deliver rapid returns on investment while navigating rising electricity and operational costs. Supporting Net-Zero Goals Occupancy setbacks have been identified as a powerful […]

The Not-So-Hidden Cyber Risks in Commercial Real Estate

Editor’s note: FM Perspectives are industry op-eds. The views expressed are the authors’ and do not necessarily reflect those of Facilities Management Advisor. As commercial real estate undergoes rapid digital transformation, driven by the need for greater sustainability, improved energy efficiency, and the evolving demands of hybrid work, the cybersecurity of building management systems (BMS) is becoming […]

U.S. Green Building Council Finalizes New LEED v5 Certification

The U.S. Green Building Council (USGBC) has officially launched LEED v5, the latest version of its flagship LEED (Leadership in Energy and Environmental Design) green building certification program. The USGBC released the first draft of the highly anticipated update in late 2023. In 2024, the group held two public comment periods, receiving more than 7,000 […]

The Need to Create Engaging Wellness Centers Across Facility Types

Rising costs and concerns about inflation have turned tenants and guests into savvy, budget-conscious consumers. Whether managing multifamily properties, office buildings, or hotels, facilities management professionals face increasing pressure to justify every dollar spent on amenities. Every offering must deliver real, measurable value that convinces tenants their money is well spent, regardless of the property […]

A CRE Readiness Plan as Companies Enforce Return-to-Office Policies

Office vacancy rates have climbed sharply in the wake of the pandemic as many firms downsized office space due to remote work. Nationally, the United States office vacancy rate hovered around the high teens by late 2023 (nearly 17%–20%, up from roughly 9% pre-pandemic)​. Major city centers have been hit especially hard. These elevated vacancies […]

How Solar Can Optimize Costs and Sustainability for Food and Beverage Facilities

In the food and beverage industry, facilities managers face the daunting task of balancing tight profit margins with the need to deliver high-quality, sustainable, and affordable products. For food processors, the net profit margin is just 6.01%, while beverage companies have a net profit margin between 9.29% and 14.07%. Rising energy prices, evolving consumer demands, […]