Part one of this series began with a discussion on inflation and interest rates, and how we anticipate these factors will influence leasing and development in our market. As we continue the new year with the expectation of slowing economic growth and continued high inflation, we want to take a closer look at how the […]
At first glance, the $1.5 billion specifically earmarked for brownfield cleanup and a total of $21 billion set aside for environmental remediation in the $1 trillion Infrastructure Investment and Jobs Act (H.R. 3684) may seem paltry, given that there are an estimated 450,000 brownfield sites identified by the Environmental Protection Agency (EPA) in the U.S. […]
The right design may be the key to achieving the flexible, experiential physical workplace of the future – but it’s only half the battle. Even the most flawless blueprint requires seamless construction delivery to unlock its maximum potential. Smooth construction may sound like an oxymoron given conventional project management, where the risks of delay, hassles […]
Congressional Democrats are struggling to come up with a plan to pass legislation containing much of their and President Joe Biden’s domestic policy agenda, with an eye toward having tangible achievements that can be touted in their 2022 midterm reelection bids. After spending much of 2021 disagreeing with centrist Senators Joe Manchin (D-WV) and Kyrsten […]
We’ve all noticed the change — at the supermarket, gas pumps, and nearly everywhere else. Whether it was the cost of your Christmas tree or your New Year’s Eve champagne, prices are significantly higher today than they were just one year ago. In fact, the Consumer Price Index has climbed 6.8% in just the last […]
Often in large development projects, design and construction teams focus on completing the building for the occupants’ short-term needs – about five years out from completion. Yet modern buildings have the potential to reach a lifespan of 30-50 years before requiring major renovations, according to Getty Conservation Institute. As climate change worsens and building resiliency […]
As the new year begins, lawmakers will begin returning to their chambers to discuss and debate numerous pieces of legislation. Congress is currently focused on President Joe Biden’s Build Back Better initiative and voting rights legislation, but conventional wisdom suggest that passage of meaningful, nonpartisan legislation will remain a challenge during an election year. However, […]
Nationwide, commercial property is experiencing a significant shift in the makeup of the brick-and-mortar retail market. The COVID-19 pandemic has repeatedly taught us that convenience is king, and although we have somewhat returned to our pre-pandemic routines, online ordering, delivery services, and omnichannel distribution are all continuing to thrive. While some traditional retail shops are […]
