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Fed warns of stability risk from $24T commercial real estate market
Prices for commercial properties slumped 3.9% from the second quarter of last year to Q2 2023, well below the 3.3% average annual growth beginning in 1997.
By Jim Tyson • Oct. 25, 2023 -
Debate swirls at NYC hearing on proposed delays to building emissions enforcement
Participants weighed in on whether “good-faith efforts” toward compliance should delay penalties and whether renewable energy credits provide a worrisome loophole.
By Joe Burns • Updated Oct. 30, 2023 -
Explore the Trendline➔
Gorodenkoff via Getty ImagesTrendlineData Centers
Exponential growth in the data center market is driving the need for more energy-intensive chips, leading operators to seek more power, improved cooling solutions and optimized designs that can boost efficiency and performance.
By Facilities Dive staff -
Rhizome launches climate resilience planning technology
The startup says its platform draws on national lab research, building information and machine learning tools to place “a value of resilience” on proposed grid investments.
By Joe Burns • Oct. 24, 2023 -
Microsoft leans on PPAs, energy efficiency, water recycling in environmental efforts
“Ensuring our buildings are energy efficient is a key first step in reducing emissions,” the tech giant said in its 2022 Environmental Report.
By Joe Burns • Oct. 23, 2023 -
Deep Dive
Heat pumps are hot, but commercial retrofits face cold realities
Government decarbonization strategies call for widespread deployment of heat pumps for building heating and cooling, but experts warn of retrofit costs, disruption and other concerns.
By Nish Amarnath • Oct. 20, 2023 -
HqO raises $50M in push to digitize real estate experiences
The funding includes investment from multiple real estate firms and comes as owners and operators attempt to meet tenant demands and a flight to quality in workplaces.
By Joe Burns • Oct. 19, 2023 -
Q&A
How facilities managers can transition away from fossil fuels
Building decarbonization is a marathon, not a sprint, and requires forward planning starting now, says Dan Arant, manager of North America sales at the energy and ESG division of Brightly.
By Nish Amarnath • Oct. 19, 2023 -
Deep Dive
Utility, charging company battle over EV fast chargers slows deployment amid massive needs
State and federal policies are driving utilities and EV charger providers to transform U.S. transportation. They have found common ground in some areas but cannot agree on the utility role in fast-charging deployment.
By Herman K. Trabish • Oct. 18, 2023 -
Clockworks Analytics acquires digital twin assets from Animated Insights
Animated Insights Chief Technology Officer Howard Davidson will join Clockworks to help integrate the technology into its fault detection and diagnostic platform.
By Joe Burns • Oct. 18, 2023 -
NineDot Energy signs Starbucks as anchor customer for NYC community battery storage
The batteries are part of New York's Value of Distributed Energy Resources program, which gives participants credits for discharging energy during times of high grid demand.
By Robert Walton • Oct. 18, 2023 -
Washington, DC, aims to attract sustainable office-to-multifamily conversions
While the pace of adaptive reuse projects has slowed, the city is offering incentives to bring more housing to the urban core.
By Mary Salmonsen • Oct. 17, 2023 -
GSA issues RFI for Green Proving Ground program
A $30 million funding bump will help the agency evaluate new technologies meant to improve the sustainability and efficiency of its buildings.
By Joe Burns • Oct. 17, 2023 -
How Google is decarbonizing its facilities
Smart temperature and lighting controls, power purchase agreements and building electrification are all being used by the tech giant to reduce scope 2 emissions.
By Joe Burns • Oct. 16, 2023 -
Bedrock Energy raises $8.5M for autonomous geothermal HVAC technology
The company says it uses autonomous drilling and advanced subsurface modeling to help property owners recoup their decarbonization investments in under five years.
By Nish Amarnath • Oct. 16, 2023 -
EVPassport charges up with $200M Northleaf investment
The EV infrastructure-as-a-service company aims to deploy over 10,000 chargers in the next two years across areas with high EV adoption, such as California, Texas and Florida.
By Joe Burns • Oct. 13, 2023 -
Facilities management conferences ahead in 2024
Improving building management processes, streamlining operations and meeting sustainability goals are key focal points at events across the U.S.
By Joe Burns • Updated June 7, 2024 -
New York launches $10M prize for low-carbon heating retrofits in tall buildings
The Empire Technology Prize aims to bring the public and private sectors together to advance steam-focused heat pump retrofits that do not displace occupants or existing infrastructure.
By Joe Burns • Oct. 12, 2023 -
High office vacancies contrast with data center growth: CBRE market reports
Artificial intelligence has driven strong data center leasing growth in Dallas/Fort Worth, while San Francisco continues to struggle with converting unused office space.
By Joe Burns • Oct. 11, 2023 -
Matterport adds AI-enabled automated room measurements to its digital twin platform
The technology reduces the time required to capture property data and helps operators optimize the functionality of spaces, the company says.
By Joe Burns • Oct. 10, 2023 -
‘Empty’ federal buildings under scrutiny
Unused office space poses financial and environmental issues federal agencies must address, lawmakers from both parties said at a Senate committee hearing.
By Nish Amarnath • Oct. 9, 2023 -
JLL taps Qmerit for EV assessment, charging port installation services
The partnership aims to provide facilities managers with access to property assessment and EV charging port installations, the companies say.
By Joe Burns • Oct. 9, 2023 -
Cyberattack against Johnson Controls sparks downstream concerns
Worries mounted quickly after the attack on the building automation and industrial control systems vendor, which works extensively with multiple federal agencies.
By Matt Kapko • Oct. 9, 2023 -
Metropolis to acquire parking facilities operator SP Plus for $1.5B
The purchase will expand Metropolis' services, which facilitate parking payments without on-site cash or credit cards, to over 3,300 locations across North America.
By Joe Burns • Oct. 6, 2023 -
Insurance execs are prioritizing workplace dynamics, carbon reporting
Leaders at a recent JLL forum said space planning, net-zero goals and labor woes have led to real estate portfolio adjustments and AI investments.
By Joe Burns • Oct. 5, 2023 -
Office utilization rates on climb to pre-pandemic levels
Culture, collaboration and communication are bringing employees back into the office on their own terms, said participants in a recent webinar by FM:Systems.
By Joe Burns • Oct. 4, 2023