Tag: Real Estate

Under Construction: Top Facility Projects of July 2025

Facilities Management Advisor’s “Under Construction” series highlights some of the latest, most interesting facility project announcements every month. Yosemite Water Plant Upgrade Yosemite National Park is considered one of the most beautiful places in the world, and having clean water helps keep it that way. To address extensive maintenance issues and build more sustainable infrastructure, […]

How Tech Companies Are Reshaping the Workplace Amid the AI Race

Technology companies are strategically optimizing their real estate portfolios to free up capital for artificial intelligence (AI) investments while simultaneously enhancing workplace effectiveness. JLL’s “2025 Technology Spaces Report” explores how technology organizations are using data-driven strategies to balance cost optimization with innovation demands across office and specialized research spaces. “The race to lead in artificial […]

Public-Private Partnerships on the Rise for Facility Projects Amid Economic Uncertainty

Public-private partnerships (P3s) continue to evolve as an increasingly important component in the toolkit of public institutions facing complex infrastructure challenges. JLL’s latest research, “Redefining Public Delivery One P3 at a Time,” examines facility-related P3 projects completed since 2019, providing insights into geographic trends, facility types, capital market considerations, construction costs, and funding strategies. “Public institutions […]

JLL Report: Workplace Strategies Shift as Hybrid Work Slows

In a dramatic swing that signals evolving corporate real estate (CRE) priorities, JLL’s 2025 Occupancy Planning Benchmark Report reveals portfolio optimization has surpassed cost-cutting as the primary focus for CRE leaders and office utilization has increased as organizations tighten policies on hybrid work. Improving space data accuracy and reporting; increasing employee presence on-site; and growing the use […]

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 […]

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 […]

Report Highlights Workplace Tech Challenges Amid Rise in Office Attendance

New research found that 34% of businesses plan to increase the number of in-office days in 2025. This trend is prompting enterprises to enhance their use of artificial intelligence (AI) and cross-platform data analytics to better manage workplace occupancy and ensure a balanced employee experience throughout the workweek. That’s according to Eptura’s latest annual Workplace […]

International WELL Building Institute Boosts Governance Council With New Members

As the call for healthier and more sustainable buildings continues, the International WELL Building Institute (IWBI) has enlisted more experts to help advance adoption of its WELL healthy building standard. The organization appointed several new members to its Governance Council, a coalition of global thought leaders, doctors, public health professionals, and business executives who uphold the […]

U.S. Store Closures Reach Post-Pandemic High

Many retail facilities managers face uncertainty as store locations continue to close throughout the country. Following a spike in U.S. store closures in 2024, Coresight Research expects closures to escalate further this year, to approximately 15,000. The retail advisory firm projects store openings will remain steady, with about 5,800 stores opening nationwide this year. U.S. store […]

What’s in Store for the Construction Industry Next Year?

Planning a major facility renovation or new build in 2025? The state of the construction industry could have an impact on your project. JLL’s new 2025 U.S. Construction Outlook details the opportunities, challenges, and key focus areas for the U.S. construction industry in the coming year, accounting for a rapidly shifting political and economic landscape in […]