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Articles in this category explore the issue of corporate and commercial real estate. Topics include tax incentives for businesses, infrastructure and urban development and renewal, corporate parks and communities, and other economic development initiatives. Specifically, posts cover expansions, renovations, and new construction of commercial facilities.
These are all critical investments in infrastructure that will create significant savings by preventing costly emergency repairs in the future and maintaining America’s public buildings.
Strong demand amid dwindling supply in London’s West End pushes rents up by 5%; London confirms its position as the world’s most expensive office market for the second consecutive year. Hong Kong ranks second after losing top spot to London last year for the first time since 2008; global office rents increase by 3% overall.
Data from BOMA’s Experience Exchange Report reflects results of the industry’s focus on energy efficiency.
Using current codes demonstrates commitment to safety and savings; 32 states have updated to the 2012 I-Codes at the state or local level.
The new standard is considered one of the most significant developments in the real estate profession in recent history and will go beyond office measurement standardization to include other property types in the coming months.
Industry added 122,000 jobs during past 12 months, but public sector and certain nonresidential construction sectors remain weak.
In 2013, IRN completed more than 200 projects with organizations in 23 states, and provided much needed furnishings for homes, clinics, and schools in 14 countries and 10 U.S. states.
Report to Congress states current I-Codes are effective in reducing flood-related damage.
The Atlantic reports: “As the saying goes, ‘The way to live best is to eat Chinese food, drive an American car, and live in a British house. That’s the ideal life.’” There’s the difference: live in a BRITISH house, not a Parisian apartment.
These new programs have been introduced in order to meet increasing demand for independent performance verification for VFDs and datacom cooling products.