Corporate/Finance: Page 8
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Robot butlers take over hotel deliveries
Relay Robotics CEO Michael O’Donnell said the company is in “full-on growth mode” as hotels turn to robots for assistance with making deliveries.
By Noelle Mateer • Aug. 1, 2023 -
Federal government lags behind in facilities upgrades, maintenance
Performing much-needed repairs and upgrading public spaces is key to retaining talent amid increasing return-to-office mandates, a JLL report says.
By Joe Burns • Aug. 1, 2023 -
Opinion
The air we breathe is changing. Here’s how to improve it in your facilities.
Measuring temperature, humidity, particles and gases is vital to mitigating the impact of poor outdoor air quality, says TSI Incorporated President Tom Kennedy.
By Tom Kennedy • July 31, 2023 -
In rebounding M&A market, HR needs a strategic approach to integrate workplace cultures
Organizational culture has become a significant consideration for employees choosing where they want to work, and M&A can disrupt that, a new McLean report advises.
By Laurel Kalser • July 28, 2023 -
Inovues, QEA Tech partnership aims to recoup over 50% of energy lost through building envelopes
The deal is expected to help commercial building owners reduce energy consumption and slash greenhouse gas emissions.
By Nish Amarnath • July 27, 2023 -
SEC votes to overhaul disclosure rules for material cyber events
After a fierce debate, the agency voted to require companies to come clean on material breaches and attacks within four business days of determination.
By David Jones • July 26, 2023 -
Can AI make better hires? Maybe, experts say
AI can make HR's job easier in a myriad of ways, according to a report from The Josh Bersin Company. The utility of AI in hiring, however, remains up for debate.
By Caroline Colvin • July 26, 2023 -
Federal agencies struggle with office utilization, excess space
Officials noted that reconfiguration costs and uncertainty over in-office attendance policies are roadblocks to effective space utilization.
By Joe Burns • July 24, 2023 -
Climate tech startup Aeroseal nets $67M
The company said the funding, led by Climate Investment and Bill Gates’ Breakthrough Energy Ventures, will be used to seal leaky air ducts in about 260,000 buildings per year by 2026.
By Nish Amarnath • July 24, 2023 -
Northwestern Mutual taps Gilbane, CG Schmidt for $500M office renovation
The contractors have posted bid packages to renovate the 540,000-square-foot North Office Building at the insurance giant’s Milwaukee campus.
By Matthew Thibault • July 24, 2023 -
3M plans South Dakota healthcare facility expansion for up to $468M
The move comes as the chemical manufacturer plans a healthcare business spinoff by the end of 2023.
By Sara Samora • July 21, 2023 -
New York completes state’s largest rooftop solar project atop Medline distribution center
Governor Hochul says the 7.2-megawatt community solar project is expected to power over 1,600 homes and reduce energy costs for both Medline and local residents.
By Joe Burns • July 21, 2023 -
HVAC manufacturer Modine adds high-efficiency heating and cooling systems to K-12 portfolio
The new product line, slated to merge into the company’s distribution network, aims to help facilities managers install cost-efficient air systems.
By Nish Amarnath • July 21, 2023 -
Amtrak looks to upgrade maintenance facilities in 4 major cities
The rail company has issued Requests for Qualifications for Boston, New York City, Seattle and Washington, D.C., as part of a push to modernize facilities across 20 U.S. sites.
By Joe Burns • July 20, 2023 -
Digital Realty picks IBM software to elevate ESG performance
IBM’s ESG suite is expected to accelerate sustainability goals through refined tracking, monitoring, analysis and reporting.
By Nish Amarnath • July 20, 2023 -
Feds award $2M to Penn College for workforce development
The college will match the investment, creating a $4 million budget for initiatives such as construction to add capacity for worker training programs.
By Megan Ruggles • July 19, 2023 -
Growing US office foot traffic drives surge in bookings through H1 ’23
Data from a hybrid workplace experience outpost points to a 20% jump in total desk bookings amid increased office traffic.
By Nish Amarnath • July 19, 2023 -
Johnson Controls buys FM:Systems to expand digital building capabilities
The $455 million acquisition is expected to strengthen Johnson Controls’ OpenBlue platform and ramp up its net-zero building capabilities with workplace management software.
By Joe Burns • July 18, 2023 -
JPMorgan transforms 27-year-old Polaris facility in Ohio into a smart building
The 2-million-square-foot building’s renovations involved installing almost 40,000 rooftop and carport solar modules, and will help achieve a 40% decarbonization target by 2030.
By Nish Amarnath • July 17, 2023 -
Q&A
C&W Services’ Life Science SVP: Labor consistency more important than dollar increase in wages
Chisolm recently assumed a leadership role at Cushman & Wakefield Services to drive the development of the firm’s life sciences portfolio.
By Joe Burns • July 13, 2023 -
Fidelity Building Services snaps up ESC to meet sustainability demand
The acquisition will become part of Fidelity Energy & Sustainability, guiding its foray into the thriving New England energy market.
By Nish Amarnath • July 13, 2023 -
GSA selects nZero to track carbon emissions across its federal building portfolio
The company will provide real-time carbon management and accounting to help the federal government test novel and historical sustainability-focused building technologies.
By Joe Burns • July 12, 2023 -
Colorado Clean Energy Fund launches low-interest financing for commercial LED upgrades
The 3.45% interest rate financing, part of a partnership with the National Energy Improvement Fund, aims to entice commercial entities to upgrade their lighting systems.
By Joe Burns • July 11, 2023 -
Emcor bolsters energy efficiency operations with ECM acquisition
The transaction brings specialized retrofit services and $60 million in estimated 2023 revenue to the engineering and construction company.
By Joe Burns • July 7, 2023 -
JLL leans into collaborative owner, tenant relationships to decarbonize office portfolio
The firm’s sustainability report found that due diligence was vital to gathering usage data, driving building sustainability efforts and earning green certifications.
By Joe Burns • July 6, 2023