From data usage to 3D printing, construction technology is poised to blast off this year. The construction industry had a challenging but positive year in 2021, and the growth of construction technology has been one of the bright spots. With the pandemic forcing...
As state agencies wait on a possible infrastructure bill from the Biden administration, many are better prepared than they were a decade ago to manage hundreds of billions of dollars in new work. The Federal Highway Administration incentivized state DOTs to...
Before the pandemic began, the second location of The June Motel, a 24-room boutique hotel in Sauble Beach, Ontario, was set to open late last spring. To be fully ramped up for Lake Huron’s 2020 beach season was the goal. Construction stopped in mid-April, however,...
Do you ever wonder what happens when professionals from similar sectors all come together? Topics are presented, issues are discussed, revelations are shared, and knowledge is brought back to their respective corporations. Last month, Sachse Construction’s Director of...
A Swiss sneaker brand that counts Roger Federer among its investors is opening its first store ever on Wednesday in lower Manhattan. On, whose running shoes sell for about $150 to $200 a pair, has made its shoes available in Nordstrom, REI, JackRabbit and other...
The last 280 days of the coronavirus pandemic have been unprecedented, unimaginable and tragic in countless ways. From an economic perspective, where we work, where we eat, where we shop — where we do anything — is still mostly in flux. It’s anyone’s guess what will...
Amid rising COVID cases and looming lockdowns, my fellow New Yorkers should take heart — because we will have a greater city to look forward to once this pandemic’s over. Although the flight from the Big Apple, increasing crime, and possible MTA cuts are dominating...
The “15-minute city” concept, sprung from academia, is gaining influence in many cities. The model aims to create neighborhoods in which almost all residents’ needs can be met within 15 minutes of their homes on foot, by bike, or on public transit. Under this vision,...
Andrea Isom | ABC 7, WXYZ Detroit (WXYZ) — A company in Detroit is dedicated to giving young people an opportunity to build a foundation for their futures. The Sachse Construction Academy is offered to hundreds of high school students in the city. The academy's...
Amazon has closed on a warehouse lease at Thor Equities’ industrial development in Red Hook, Commercial Observer has learned. The e-commerce giant signed a 20-year lease for 311,796 square feet at 280 Richards Street, an industrial development on the Brooklyn...
As COVID-19 accelerates the decline of department stores and traditional apparel brands, some New York City landlords and brokers are facing the question of what to do with the cavernous, mostly windowless blocks of space that were once major shopping hubs. That...
A confluence of factors conspired to drive down rents at self-storage properties earlier in the year, but now with new demand generated by the broader disruptions caused by the COVID-19 pandemic, the sector’s fortunes have stabilized. Though the majority of properties...
Prologis, the world’s largest owner of commercial warehouses, estimates that e-commerce customers require 1.2 million square feet of distribution space to support each $1 billion in sales. That figure helps explain why leasing activity rebounded quickly after a...
When states around the country essentially locked down to help curb the spread of COVID-19, outlet centers, like regional malls, were forced to temporarily shutter, which took its toll on the sector. “Outlets are one of the property types most impacted by COVID, with...
Curbside pickup has exploded in popularity over the past few months and retailers and mall operators are rushing to catch up. The service allows customers to place orders online with a store and then drive to the retailer’s location to pick up items at the curb or...
When Oronde Kearney became the Chief Academic Officer at Academy of Warren (AOW) three years ago, his first impression was simple: this is a wonderful school in a less-than-wonderful environment. Back before it was a school, the AOW building used to be a supermarket,...
As restaurants across the United States close their doors in the wake of the coronavirus (COVID-19) pandemic, new delivery-only endeavors have an opportunity to gain market share. One segment of the restaurant industry that is thriving are ghost kitchens. These...
A handful of warehouse robots helped American Eagle Outfitters Inc. cope with a flood of online orders during coronavirus lockdowns as consumers loaded digital shopping carts with hoodies, leggings and loungewear. Now the company is stepping up its use of automation....
Catie McKee was nervous. It was last October, and the 31-year-old hedge fund analyst, who had been scrutinizing the mortgages on the nation’s malls, was convinced that some of those malls would default on their loans. She and her colleagues had even bet a substantial...
Like a lot of white-collar professionals, Brad Hargreaves has been working remotely since March. The founder and CEO of Common, the U.S.’s largest co-living company, Hargreaves found himself making his own co-living arrangement when the pandemic hit, relocating with...
Employers will rely on a fair amount of technology to bring workers back to the office in the COVID-19 age, office design experts say. Some of it will be to connect to offsite co-workers and clients, while other components will be used to reduce coronavirus...
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