The U.S. Dept. of Energy recently launched its Commercial Real Estate Energy Alliance (CREEA), a collaboration of commercial real estate owners and operators who will work together and with DOE to reduce energy consumption by commercial buildings. The undertaking will link the real estate community with research and technology emerging from DOE national laboratories. The group will serve as a national forum in which best practices in energy efficiency are documented and publicized and in which peers can share practical experiences and insights, says the Building Owners and Managers Association International, which also is involved in the group. The alliance
The market is generally healthy and steadily growing, and margins are up for large specialty contractors. Further, advances in design tools and owner demand for collaboration are giving subcontractors a seat at the table early on in projects.