Commercial Building & Real Estate

Deep Sentinel Introduces FlashBang – A Groundbreaking Active Deterrent Feature to Combat Rising Crime Rates

Retrieved on: 
Tuesday, April 9, 2024

A waitlist is now available on the Deep Sentinel website with the product officially launching in May 2024.

Key Points: 
  • A waitlist is now available on the Deep Sentinel website with the product officially launching in May 2024.
  • With crime rates escalating and criminal tactics becoming increasingly brazen via flash mob robberies and car-ramming burglaries, Deep Sentinel is empowering businesses to finally subdue and impair criminals.
  • “Crime is growing exponentially and more aggressively," said David Selinger, CEO and founder of Deep Sentinel, emphasizing the critical role FlashBang will play in combating criminal threats.
  • For more information about Deep Sentinel and the FlashBang waitlist, visit https://www.deepsentinel.com/flashbang/ .

Orion Group’s Facilities Maintenance Business Expands Exterior Footprint Through Partnership with Caliber Service Management

Retrieved on: 
Tuesday, April 9, 2024

Orion Group (“Orion”), a commercial facility services business, announced today that it has partnered with Caliber Service Management (“Caliber”).

Key Points: 
  • Orion Group (“Orion”), a commercial facility services business, announced today that it has partnered with Caliber Service Management (“Caliber”).
  • Caliber is a top facilities maintenance provider based in Exton, PA specializing in exterior services and facility programs.
  • Orion is building a national facilities maintenance business by partnering with exceptional, founder-owned facility services businesses and supplying the resources needed to fuel their next chapter of growth.
  • Caliber joins Orion’s facilities maintenance service provider network, Leo FM.

Saudi Arabia Elevators and Escalators Market Report 2023 and 2024-2029: Increased New Installations Fuelled by Smart City Projects & Investment Across Public Infrastructure - ResearchAndMarkets.com

Retrieved on: 
Tuesday, April 9, 2024

The "Saudi Arabia Elevators and Escalators Market - Size & Growth Forecast 2024-2029" report has been added to ResearchAndMarkets.com's offering.

Key Points: 
  • The "Saudi Arabia Elevators and Escalators Market - Size & Growth Forecast 2024-2029" report has been added to ResearchAndMarkets.com's offering.
  • The Saudi Arabia elevator and escalator market is expected to grow at a CAGR of 5.61% from 2023-2029.
  • The top four vendors in the Saudi Arabia elevator and escalator market include KONE, Otis, Schindler, and TKE, accounting for 62% of the market share.
  • What is the number of installed bases in the Saudi Arabia elevator and escalator market in 2023?

Industrial Outdoor Storage Platform, Catalyst Investment Partners, Grows Team to 20 Professionals

Retrieved on: 
Tuesday, April 9, 2024

Catalyst Investment Partners, a leading IOS-focused investment manager, has hired five new IOS professionals to its team.

Key Points: 
  • Catalyst Investment Partners, a leading IOS-focused investment manager, has hired five new IOS professionals to its team.
  • “We are delighted to add such talented real estate professionals to our growing team,” said Max Heiden, Co-Founder and Partner at Catalyst.
  • IOS properties are improved, low-building coverage industrial properties that make up the backbone of the supply chain.
  • Property types include truck terminals, industrial service facilities and material or equipment laydown yards, among others.

nVent's New 2023 Sustainability Report Details Meaningful Progress Across its Focus Areas of People, Products, Planet and Governance

Retrieved on: 
Tuesday, April 9, 2024

nVent Electric plc (NYSE:NVT) (“nVent”), a global leader in electrical connection and protection solutions, today announced the release of its 2023 Sustainability Report.

Key Points: 
  • nVent Electric plc (NYSE:NVT) (“nVent”), a global leader in electrical connection and protection solutions, today announced the release of its 2023 Sustainability Report.
  • The report shares nVent's 2023 achievements in each of its Environmental, Social and Governance (ESG) focus areas of People, Products, Planet and Governance and provides updates on progress towards its ESG goals.
  • Our commitment to sustainability is integral to how we operate, and we took measurable steps to improve our environmental impact in 2023.
  • A full copy of the 2023 Sustainability Report can be downloaded at nVent.com/ESG.

AMLI Residential Releases Results of 2024 Sustainable Living Index

Retrieved on: 
Tuesday, April 9, 2024

The leading U.S. developer of sustainable apartment communities announced the results of its fifth Sustainable Living Index today.

Key Points: 
  • The leading U.S. developer of sustainable apartment communities announced the results of its fifth Sustainable Living Index today.
  • AMLI Residential ’s 2024 survey received responses from more than 2,600 AMLI residents on their sustainability opinions and, specifically, how green initiatives impact their choice of where to live.
  • This is a 2.5% increase from AMLI’s previous Sustainable Living Index survey in 2022.
  • Additionally, 78.9% of residents believe living in a sustainably built apartment benefits their health, indicating that AMLI residents place value not only on a sustainable home, but also healthier living.

Eagle Materials Announces Start Up of New Texas Lehigh Cement Company Slag Facility in Texas

Retrieved on: 
Tuesday, April 9, 2024

Eagle Materials Inc. (NYSE: EXP) announced plans today for Texas Lehigh Cement Company, a 50/50 joint venture between Eagle and Heidelberg Materials North America, to start-up a new slag cement facility in Houston, Texas this summer.

Key Points: 
  • Eagle Materials Inc. (NYSE: EXP) announced plans today for Texas Lehigh Cement Company, a 50/50 joint venture between Eagle and Heidelberg Materials North America, to start-up a new slag cement facility in Houston, Texas this summer.
  • Construction for the new slag cement facility is substantially complete; once finished, the plant will have an annual manufacturing capacity of approximately 500,000 tons to supplement Texas Lehigh’s cement manufacturing plant in Buda, Texas.
  • “Today’s announcement is an important step for Eagle Materials in extending our ability to meet the demand needs of our customers in a fast-growing market like Texas, especially as other cementitious alternatives like fly ash diminish in availability,” commented Michael Haack, President and CEO of Eagle Materials Inc. “We are committed to continued progress across our environmental stewardship initiatives, and the new Texas Lehigh Cement Company slag facility is another exciting step towards increasing the sustainability of our business.”
    With this expansion, Texas Lehigh reiterates its commitment to be the cementitious materials supplier of choice in the Texas market, including the key cities of Houston and Austin, meeting the expected increase in demand for cementitious materials more broadly and to reduce the carbon intensity of its overall product portfolio.

Construction Begins at Avangrid’s First California Solar Farm

Retrieved on: 
Tuesday, April 9, 2024

Avangrid, Inc. (NYSE: AGR), a leading sustainable energy company and member of the Iberdrola Group, today announced that construction is now underway at the Camino Solar Project in Kern County, California.

Key Points: 
  • Avangrid, Inc. (NYSE: AGR), a leading sustainable energy company and member of the Iberdrola Group, today announced that construction is now underway at the Camino Solar Project in Kern County, California.
  • Camino Solar is Avangrid’s first photovoltaic project in California with a capacity of 57 MW (44 MWac).
  • “With this major milestone, we are one step closer to delivering clean solar energy in California to go along with our six wind energy facilities in the state.
  • Camino Solar is adjacent to Avangrid’s 189 MW Manzana Wind Farm, which reached commercial operation in 2012.

 Franklin BSP Realty Trust, Inc. Announces Closing of $125 Million Loan on a Southwest Industrial Portfolio

Retrieved on: 
Tuesday, April 9, 2024

Franklin BSP Realty Trust, Inc. (NYSE: FBRT) (“FBRT” or the “Company”) today announced the closing of a $125 million floating-rate senior loan facilitating the refinancing of a four-property industrial portfolio located across the Southwestern United States.

Key Points: 
  • Franklin BSP Realty Trust, Inc. (NYSE: FBRT) (“FBRT” or the “Company”) today announced the closing of a $125 million floating-rate senior loan facilitating the refinancing of a four-property industrial portfolio located across the Southwestern United States.
  • Inclusive of this loan, FBRT has committed to $716 million of loan originations year-to-date and has a robust forward pipeline.
  • The 1.1 million square foot industrial portfolio is 94.9% leased with properties located throughout Dallas, Las Vegas, and Phoenix/Mesa/Scottsdale MSAs.
  • FBRT’s loan has a two-year initial term and two one-year extension options, subject to the borrower meeting certain requirements.

Cobalt Service Partners Continues Momentum with Acquisitions of Automated Door Ways, Toepfer Security, Industrial Door Company, and Homeland Safety Systems

Retrieved on: 
Tuesday, April 9, 2024

Joining Cobalt are Automated Door Ways (“ADW”), Toepfer Security (“Toepfer”), Industrial Door Company (“IDC”), and Homeland Safety Systems (“HSS”).

Key Points: 
  • Joining Cobalt are Automated Door Ways (“ADW”), Toepfer Security (“Toepfer”), Industrial Door Company (“IDC”), and Homeland Safety Systems (“HSS”).
  • View the full release here: https://www.businesswire.com/news/home/20240409278103/en/
    ADW was founded in 2005 by Ed Gaffney, who has run the business since its inception.
  • Based in Waukesha, Wisconsin, Toepfer installs and supports security systems for customers across the country with a focus on the Milwaukee area.
  • Exit Stage Left Advisors acted as exit consultant to ADW and Sandra Jones and Company acted as financial advisor to Toepfer.