Tag: CRE

Cost Pressures, Tech, and Talent Are Top of Mind for FM Leaders

The $3 trillion global facilities management (FM) industry supports employee and occupant experience, business continuity, enterprise resilience, and more. The field is also constantly evolving and adapting to economic shifts, digital transformation, and other factors. According to the recent JLL Global State of Facilities Management Report, three key trends for industry stakeholders to stay on […]

Exec Pleads Guilty to Multimillion-Dollar Commercial Roofing Scheme

Facilities managers rely on third-party contractors and vendors for a variety of projects, but it always pays to do your due diligence, beware of scammers, and pick partners you can trust. Case in point: The former president and CEO of a commercial roofing company was arrested and pleaded guilty for conspiracy to suppress and eliminate […]

How to Protect Commercial Facilities from Costly Termite Damage

In honor of Termite Awareness Week, March 1-7, the National Pest Management Association (NPMA) is urging commercial property owners and facilities managers to take action before spring termite activity reaches its peak. Termites cause an estimated $6.8 billion in property damage annually in the United States, with commercial facilities facing unique risks that can lead […]

Under Construction: Top Facility Projects of February 2026

Facilities Management Advisor’s “Under Construction” series highlights some of the latest, most interesting facility project announcements every month. World Trade Center Office Tower Financial services giant American Express has revealed plans to build a new state-of-the-art global headquarters at 2 World Trade Center in Lower Manhattan—marking the final office tower to be built at the World […]

Real Estate Power Crunch: Will Energy Availability Beat Location for Future Facilities?

As many companies face ongoing power disruptions and other energy needs, the traditional real estate mantra of “location, location, location” is increasingly giving way to “location, resilience, reliability,” according to JLL’s new “Where Energy Meets Property” report. Energy availability and security is fast becoming a defining factor in commercial real estate (CRE) decision-making, with critical […]

Public but Personal: Why Adaptability Matters in Office Design

For many years, shared commercial spaces such as offices, lounges, and lobbies followed stark and simplistic design templates. Elements such as white walls, rigid layouts, and lackluster furniture were standard. As consumers and workers continue to gravitate toward spaces they find aesthetically pleasing, thoughtful and personalized interior design has become essential. It is now a […]

Texas Poised to Become Global Leader in Booming Data Center Market

The North American data center market has “entered hyperdrive,” and the convergence of artificial intelligence (AI) demand, hyperscaler expansion, and grid constraints is fundamentally reshaping where digital infrastructure gets built. That’s according to JLL’s new North America Data Center Report – Year-End 2025. The North America data center industry has reached an inflection point, with vacancy […]

Which Countries Are LEED-ing the Way on Green Buildings?

The U.S. Green Building Council (USGBC), the global developer of the Leadership in Energy and Environmental Design (LEED) rating system, and Green Business Certification Inc. (GBCI), the independent body that administers LEED certifications, have announced their annual Top 10 Countries and Regions for LEED ranking outside the United States for 2025. While the U.S. remains the […]

International WELL Building Institute Unveils Two New Ratings

The International WELL Building Institute (IWBI), the organization behind the WELL healthy building certification standard, has revealed two new ratings designed to help real estate owners and operators deliver on investor and tenant demands for healthier buildings. Now open for enrollment, the WELL Real Estate Rating focuses on enhancing base building infrastructure while the WELL […]

How Digital Twins Can Help Optimize Empty or Underused Buildings

The U.S. office vacancy rate reached another all-time high in the second quarter of 2025 at 20.7%, as Moody’s recently reported. That’s the highest vacancy rate in three decades, ABC News reported, with more than 900 million square feet of empty office space—enough to fill New York City’s One World Trade Center 300 times. U.S. […]