John Krukowski

2 weeks ago | bisnow.com | John Krukowski

A modern commercial building is loaded with sensors that continuously collect data related to energy use, occupancy, air quality and more. And yet, despite commercial real estate spending billions on Internet of Things tools, how easily can building operators make use of all this collected data to maximize tenant engagement or identify underperforming assets? The answer in many cases: Not very.

1 month ago | bisnow.com | John Krukowski

It’s no wonder that the Research Triangle area of North Carolina is the envy of many other regions’ economic development efforts. Even during the disruption of the pandemic, the population of the area between Raleigh, Durham and Chapel Hill grew by 5.6%. Andy Mills, a senior project manager with Colliers Engineering & Design's Raleigh office, has a front-row view of this growth and its impact on commercial real estate development.

1 month ago | bisnow.com | John Krukowski

A security fence is put to the test. Home to more than 300 data centers, California boasts the second-highest concentration of these operations outside of Northern Virginia. Spread among nearly 30 communities throughout the state, the biggest cluster is found in Silicon Valley, where Santa Clara alone lays claim to 74 data centers.

1 month ago | bisnow.com | John Krukowski

David McCullough, principal landscape architect at McCullough Landscape Architecture, has seen the future of college campus design, and it looks very different from his days as a student at Cal Poly University, San Luis Obispo, he said. For one thing, much greater emphasis is placed on the social well-being and safety of today’s students. To help realize these goals, some schools are rolling out on-campus mixed-use campus designs to emulate vibrant city neighborhoods.

1 month ago | bisnow.com | John Krukowski

In a time of great uncertainty, it is a relief to be sure about one thing: the meaning of “real” — at least as it applies to commercial real estate transactions. What qualifies as real property, particularly in the case of property exchanged under Internal Revenue Code Section 1031, has been clarified by the federal government in recent years. This is a welcome change for parties involved in certain CRE transactions, such as those involving the exchange of like-kind properties.