Tag: commercial real estate

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, […]

Faces of Facilities: Trenton C. Patterson on the ‘Critical Role’ of FM

Trenton C. Patterson, a director of FM operations at CBRE, is proud to be part of the facilities management industry and urges insiders, company leaders, and the world at large to recognize just how crucial FM work is. In his role, Patterson manages North American properties for a global beverage company on behalf of CBRE. […]

IFMA Co-founds Building Lifecycle Management Initiative

The International Facility Management Association (IFMA) has teamed up with software company Autodesk to launch the Building Lifecycle Management Initiative (BLMI). With a global focus spanning North America, EMEA, Asia-Pacific, and LATAM, the new initiative is a technology-agnostic, standards-aligned endeavor that aspires to unify commercial real estate stakeholders—from owners and facilities managers (FMs) to architecture, […]

Power-Hungry Data Center Market Represents New ‘Gold Rush’

In a year when data centers faced their toughest power challenges yet, the industry didn’t just survive—it thrived. JLL’s new North America Data Center Year-End 2024 Report reveals a sector charging full speed ahead, with colocation vacancy plummeting to a record low of 2.6% and absorption levels doubling in just two years. But beneath the surface of […]