Many in CRE Industry Embracing Social Networking Technology

CRE companies and individual deal makers are all over the leading social network sites in hopes that one day it will become the next great sensation and lead to more deals and connections. The fact that social networking technology seemingly has widespread acceptance today has little to do with what industry professionals are doing right this instant, but rather is much more about where they see the industry heading. Companies are using it primarily for branding so clients are able to find out information about the companies they are searching. For more information on this article and how so get started with social networking sites visit CoStar.com.

Buying Buildings For Cash

It pays to go small and to avoid overleveraging. With that in mind, there are plenty of good deals to be had. Of course, prices for trophy towers in big cities have rebounded strongly from recessionary lows, but the small stuff is still cheap. That includes shopping strips, two-story office buildings and hotels in vicinities. Such structures are too small to spark the bidding wars that have flared up among billion-dollar institutions in the prime office market. For full article, visit Forbes.com.

Economic Recovery Increases Traffic Congestion

There was two years of slight declines in overall traffic congestion as a result of the economic downturn and high fuel prices according to report. Indicators suggest that as the economy rebounds, traffic problems are doing the same. The Urban Mobility Report recommends that transportation officials add roadway and public transportation capacity in the places where it is needed most. Encourage ideas like ridesharing and flexible work times to avoid traditional rush hours' and provide more choices, such as alternate routes, telecommuting and toll lanes for faster and more reliable trips.

For more information on this study visit American City & County.

Energy-savings Potential of Lighting Controls

Most managers thinking of lighting retrofits consider only the lighting equipment when, in fact, some of the greatest potential for energy savings comes from controls. Occupancy sensors can save 15-30 percent of a space's lighting energy use if the space has intermittent use throughout the day.

Occupancy sensors can be simple replacements for wall switches, and wireless versions are available that eliminate the need for an electrician to rewire the space. In rooms with daylight, photocells that automatically dim the lights in conjunction with daylight can save an additional 30-50 percent of energy use. By making the leap from devices to systems, managers can tie lighting fixtures in their immediate area, shed load to avoid peak-demand charges from the utility, and set a high-end trim if light levels are higher than needed.

A lighting designer can guide managers through the many available options and prioritize the highest-yield returns. The designer will learn about the organization and its operations to understand the level of feasible change.
 
For more tips, visit Facilitiesnet.com.


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