In order to minimize change orders, increase efficiency, improve their return on investment and enhance the quality of their projects, infrastructure engineers and designers have turned to several new trends and technologies. Digital twins, for example, are creating...
Contractors’ Revenue Expectations Rise
Dive Brief: New data shows that U.S. contractors are growing more optimistic, mostly driven by a rise in revenue expectations. They also have better outlooks on hiring as business concerns related to the coronavirus pandemic lessen, according to the latest U.S....
Retailers Now Opening More Stores Than They’re Closing
U.S. retailers have announced more store openings than closures so far this year: 3,199 openings versus 2,548 closings, according to retail data specialist Coresight Research. If the trend holds throughout the year, that will represent a complete turnabout from 2020,...
Why Now is the Ideal Time to Renovate Your Office Space.
Have you been considering renovating your workplace, but muddling over when the right time would be? While it might feel like a low priority to take these steps during the current pandemic, where remote work has become the new norm, there is in fact no better time...
Retail Expectations vs Reality in 2021
In the Retailing universe, Experiential Retail has been a buzz phrase for years. Brick-and-mortar stores were going to stave off the rush of customers toward alternative shopping by creating environments and shopping experiences that entertain, that stimulate, that...
San Francisco Nonprofits Collaborate on VR-based Construction Training
The program, which employs Oculus headsets for a real-world experience, is aimed at attracting young adults to construction careers. Groups of young adults stand outside in the San Francisco sun. They’re lined up behind two students wearing virtual reality headsets,...
Top 7 Trends in Retail Digital Transformation and Innovation for 2021
As a result of the ongoing COVID-19 pandemic, digital transformation is accelerating at unprecedented speeds across the global retail industry, requiring retailers to build adaptable, composable business models to scale in disruptive environments. The crisis has also...
Five Ways to Mitigate Construction Supplier Failure
Due to the large-scale, complex nature of most construction projects, supplier failure is an inevitability. During the COVID-19 pandemic, we’ve seen new and more critical examples of supplier failure and, more than ever, we understand the need to be prepared for the...
State and Municipal Agencies Expand Use of Cloud Construction Oversight
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...
So You Want to Open a Hotel? Now?
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,...
How to Repurpose Retail for New Realities
The retail market is under siege. There’s no surprise there. But to quote an investment truth—especially among more savvy net lease players—crisis also brings opportunity. Such is the case with the beleaguered retail market. You just need to know where the rocks in...
8 Construction Industry Trends to Watch in 2021
2020 has been undeniably a devastating year for everyone and every field. The lockdowns, quarantines, social distancing, and the casualties caused by the virus has shaken humanity beyond imagination. Although the construction sector faced a significantly worst side...
5 Construction Strategies for Retailers in a Post-COVID World
The extent of the pandemic’s effects on retail spaces may not be fully realized for months or years, but we are certainly in the midst of new beginnings for the retail experience. More than ever before, retailers must now consider their clients’ emotions, physical...
Five Key Takeaways from CenterBuild Every Landlord Should Know
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...
Energy Efficiency as a Service Gaining Ground as Financing Approach for Adopting Innovations
In recent years, innovations in energy efficiency technology has opened many new avenues to reduce electric consumption in buildings. But it is hard for building owners to keep up with these developments, analyze which options are most cost effective, and decide how...
Seeking Reliable Real Estate Businesses, Investors Give Laundromats A Spin
Coin laundries have long been one of the few recession-proof businesses. After all, we all need to do laundry. There's debate as to whether the recession-proof nature applies even during a pandemic. But it's not deterring some from opening new laundromats, at a time...
Swiss Running Shoe Brand On Opens First Store in NYC
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...
Modular Construction Meets Changing Needs in the Pandemic
When the University of Denver reopened for classes this fall, there was a new building on campus next to the student athletics center: a coronavirus testing center created using modular construction. Students and staff can either walk up or drive up to have their...
‘This Too Shall Pass’: 43 Real Estate Execs On The Biggest Lessons Of 2020
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...
Embracing the World of Outdoor Workspaces
The pandemic has permanently changed the way commercial buildings look and function—and the change went beyond their edges and layouts. Landlords, developers, architects and property managers are now observing and analyzing the way office users engage with the...
Public Storage Expands With $528M Portfolio Acquisition
Public Storage has acquired 24 properties with 2.3 million square feet of space from Beyond Self Storage in the first phase of a 36-property portfolio transaction totaling 3.6 million square feet and valued at $528 million. The first phase includes existing properties...
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