Globest Sectors

HOUSTON—Baylor Clinic, and one of the tallest medical buildings in the world, O'Quinn Medical Tower, get a full check of life safety systems including backups for critical areas, such as the surgical center.

NEW YORK CITY—CEO Riggs Kubiak says the move was prompted by office owners that wanted “to incorporate their multifamily assets for more overall portfolio insight.”

NEW YORK CITY—Executives of Lee & Associates recognize the need for regulations governing storm-water management and green area in general, but are quick to note the impact that these factors have on development yields.

NEW YORK CITY—Expenditures on residential and office construction—as well as on infrastructure enhancement by the government—all appear likely to soar this year and in 2017 and '18, according to a new report.

WASHINGTON, DC--Vornado Realty Trust has said many times it was considering spinning off its local assets. Now, a Bloomberg report says it has talked with JBG Cos. about a sale.

CHICAGO—The market has very little land available, but demand for modern distribution space remains quite intense.

LOS ANGELES—During a special keynote luncheon presentation at RealShare Apartments, Hessam Nadji, president and CEO of Marcus & Millichap, discusses the many “amazing statistical facts” that are supporting the industry.

CHICAGO—3D printing and other technological trends already are having an impact on commercial real estate, says Deloitte. The firm advocates that owners begin incorporating these trends into their business strategies now.