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Q2 U.S. Office Trends: Demand Doubles, Vacancy Rate Declines

  
  
  
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By Kevin Thorpe, Chief Economist, Americas

Yet again in 2015 we saw weakness in the first quarter followed by stronger growth in the second quarter.  Although most of the headwinds from low oil prices are behind us—investment in oil and gas exploration fell drastically in the first quarter—job cuts in energy-related sectors continue to mount.

Q2 U.S. Industrial Trends: Record-Setting Demand, Surging Construction

  
  
  
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By Kevin Thorpe, Chief Economist, Americas

Despite anxiety over Greece’s finances, Puerto Rico’s debt burden and China’s stock market, the industrial sector has continued to boom, absorbing space at a record-setting rate. The rail, trucking and general transportation sectors rebounded in the second quarter as consumer spending reached 3.4%, its highest year-over-year growth rate since October 2006.

Show That Your Building is Well-Rounded with BOMA 360

  
  
  
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By Tom Updike, Senior Vice President of Property Management

In a world where buildings are competing tooth-and-nail for tenants and the pressure is high to keep operating expenses low, how can your building stand out from the crowd? The BOMA 360 Performance Program provides a distinctive designation for commercial buildings that satisfy outlined criteria.

DTZ to Battle it Out in the 2015 EPA National Building Competition

  
  
  
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By Emily Paciolla, Sustainability Project Coordinator

Today marks the kickoff for the EPA’s National Building Competition! Each year EPA challenges commercial buildings to compete to reduce energy consumption and greenhouse gas emissions. For the sixth consecutive year, EPA’s ENERGY STAR program is hosting the National Building Competition: Battle of the Buildings to help organizations improve the energy and water efficiency of their buildings, save money and protect the environment.

Highlights from the ACEEE Energy Efficiency Finance Forum

  
  
  
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By Allison Porter, Vice President, Sustainability Services

Earlier this month, I had the privilege of moderating a panel on “Confidence, Risk and Decision-Making” at the American Council for an Energy-Efficient Economy (ACEEE )Energy Efficiency Finance Forum in San Francisco. The panel offered an inside look into how major real estate companies make decisions about energy efficiency and other sustainability initiatives.

Project Manager: a Project's CEO and a Client’s Strategic Partner

  
  
  
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By Gary HelminskiPresident, Project and Development Services, Americas

Corporate real estate executives and administrators wonder whether the benefits of hiring a Development or Project Manager (“PM”) justify the expense. Generally, the savings and efficiencies a PM uncovers outweigh any expenses incurred.

Technology Conquers the Final Frontier: Commercial Real Estate

  
  
  
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By Adam L. Stanley, Global Chief Information Officer 

Kodak missed a tipping point and went bankrupt. Blockbuster Video fought the wrong enemy and went bankrupt. Taxi drivers, hotels, travel agencies, and so many other industries are now fighting less against themselves than against new entrants that actually seek to solve a problem, to fill a need, to change old norms. Perhaps more so than most of these industries, the commercial real estate industry has been slow to both recognize and embrace change. I am convinced messenger service companies remain in business solely because the CRE industry continues to mistrust the transmittal of critical documents to anyone or anything not human!

Tolliver's Take: E-Commerce & Warehouse Design

  
  
  
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By Jason Tolliver, Regional Vice President 

The growth of e-commerce has  forced developers to rethink their warehouse design.  With a compound annual growth rate of 14%  since 2008, e-commerce has driven retailers to establish dedicated dot-com fulfillment centers farther inland and closer to the final mile in order to satisfy customer expectations of same-day or next-day delivery.  Home Depot is one retailer that has allocated large portions of its CAPEX in recent years to building an e-commerce direct fulfillment network.  The results are impressive. 

Kingsley Tenant Survey: Measuring Our Customer Service

  
  
  
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By Ian Hughes, Senior Managing Director

As we maneuver through our busy days at warp speed, it’s important to take a step back to gain perspective and ask ourselves, “Why does it all matter?” Given that DTZ generates revenue as a service provider, not a provider of goods or products, customer service is paramount to our success as a firm.

15 Years of Honoring a Founder and Father’s Memory

  
  
  
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By James Cassidy, Executive Managing Director

Fifteen years ago, DTZ (then Cassidy & Pinkard, one of DTZ’s predecessor companies in the U.S.) became the title sponsor for the annual Race for Hope-DC after my father, Pat Cassidy, a Cassidy & Pinkard founder, was diagnosed with a brain tumor. Every year since then, the firm and its supporters have paid tribute to his memory, strength and personal drive by raising millions of dollars for this event, held the first Sunday in May to benefit the National Brain Tumor Society and Accelerate Brain Cancer Cure organizations.

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