Tag: Real Estate

Santa Monica Office Building Earns Fitwel Certification

San Francisco-based real estate operator The Swig Company announced that it has achieved a Fitwel healthy building certification for 3130 Wilshire Blvd., a six-story, 97,000 square-foot creative office building in Santa Monica, Calif. The Center for Active Design, a global not-for-profit organization, awarded the Fitwel certification based on the building’s incorporation of evidence-based design and […]

New Guide Explores Green Buildings as Catalyst for Sustainable Finance

The U.S. Green Building Council (USGBC), the global developer of the LEED (Leadership in Energy and Environmental Design) certification program, has released a guide on how green rating systems can accelerate sustainable finance by increasing confidence in performance outcomes while lowering transaction costs. Titled “Green Building & Sustainable Finance: Accessing Capital to Accelerate Market Transformation,” the guide covers […]

Faces of Facilities: Jaime Audette on New Construction

Jaime Audette recently made an exciting career change, shifting from manager of facilities services at Rhode Island’s Brown University to a property manager at commercial real estate services firm Cushman & Wakefield. She has gone from mostly overseeing older buildings to being responsible for one major new project. The juxtaposition has expanded her perspective and […]

U.S. Employers Tighten Grip on Office Attendance Goals, Finds CBRE Survey

U.S. companies made significant progress in the past year in achieving their office attendance goals and enforcing their attendance policies, moving closer to cementing long-term work guidelines than at any time since the pandemic upended traditional work routines in 2020. CBRE’s 2025 Americas Office Occupier Sentiment Survey of office-using companies found that 72% of the […]

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 […]