SitelogIQ

The Federal Reserve Board announced its third consecutive interest rate cut of 2024 earlier this week, signaling a more favorable environment for buying, selling, and most importantly, investing in business upgrades. It also announced that there will be fewer rate cuts in 2025. As business owners finalize 2025 budgets amid this week’s interest rate cuts and knowing there will be fewer reductions next year, now is a perfect time to revisit location improvement projects that were paused when the market was more volatile. Keep in mind that interest rate cuts can often lead to changing customer and tenant demands too, making it imperative that your business or real estate portfolio is well-positioned for these changes. If you’ve been waiting for the right moment to restart sustainability initiatives, modernization projects, or tenant- or customer-attraction upgrades, that moment is now. In this resource, we detail why Federal Interest rate cuts are showing favorable conditions to hit the "restart” button on location improvement projects. https://ow.ly/9gcP50UuCrI #InterestRates #EnergyEfficiency #CRE #CarDealerships

Our EV installation team is working hard to install 50 charging ports at a multifamily property in San Diego. We recently completed the installation of a conduit that holds and protects the wiring that will power the EV charging stations. Next, we'll set up pedestals, chargers, bollards, mounting panels, and much more. Soon, the tenants at this #multifamily property will have access to the new amenity, so they can charge up at home. With the new year right around the corner, will 2025 be the year you give your tenants #EV charging stations as an amenity? Learn how we can help here. https://ow.ly/A99K50UrTap

#TuesdayThoughts

This December 19-20, we’ll be exhibiting at the Arizona School Boards Association Annual Conference in Phoenix! As an end-of-the-year event, our Arizona educational facility experts look forward to connecting one final time before the holiday break to help new school board leaders begin asking the right questions about the future of their learning environment. Visit us at booth number 31 and explore how we've supported K-12 districts tackle the changing needs of their facilities. We'll see you there. #ASBAAnnualConference #AZSchools #ASBA

With 2025 quickly approaching, fluorescent lighting bans will become effective for many states after the New Year. Now is the time to plan your LED lighting retrofit to ensure your facilities maintain industry standards and remain in compliance. Visit our blog post for a comprehensive list of state bans and to learn how SitelogIQ can help with your lighting retrofit project: https://ow.ly/QciM50UnVWV 💡 #fluorescentlightban #lightingban #LEDretrofit

SitelogIQ was proud to sponsor NAWIC Minneapolis-St. Paul #164's Holiday Brunch which helps to raise money in support of their annual scholarship donation to women who are dedicated to working towards a degree in construction. We're beyond proud of the many women who drive impact at SitelogIQ and make a difference for our customers and communities. #WIC #WomeninConstruction #NAWIC

SitelogIQ remains proud to hold the National Association of Energy Service Companies’ (NAESCO) highest level of #accreditation as an Energy Services Provider (ESP) and have one of our senior leadership members serve on its Board of Directors. This accreditation and our involvement with NAESCO are a testament to the quality and delivery of our energy efficiency and facility improvement solutions and the implementation of renewable energy projects we continue to provide throughout the U.S. ⚡ #EnergyEfficiency #EnergyServicesCompany

It's time for a site walk with Jennel R., West Project Manager, at the Los Banos Courthouse, the first of many county courthouses throughout CA. 📋 #FieldFriday

As we wind down 2024, there is positive momentum for #EV sales in the U.S. Cox Automotive Inc. recently reported an 11% year-over-year increase in 2024—even before Q4 and year-end totals have been counted. You can read the full report here: https://ow.ly/FX5t50UlRaB As additional affordable options hit the market and core brands like GM, Cadillac, Chevrolet, and GMC prioritize EV models, it’s expected that more drivers will make the switch from all-gas options. As an owner and operator of #CRE properties, these trends may not feel overly relevant to you. But you have a unique opportunity to further encourage drivers to make the switch to EVs by closing the charging infrastructure gap. Having on-site charging stations at your properties increases dwell time, attracts and retains eco-conscious tenants and visitors, and can create a new revenue stream. Sounds like a win-win for you, and your tenants, visitors, or shoppers, right? We have even more reasons why CRE owners can reap the benefits of on-site EV charging infrastructure in this resource: https://ow.ly/C0Gg50UlRaA

Funding facility infrastructure and energy efficiency improvements, especially within the healthcare space, takes a tailored and unique approach to meet your sustainability goals. There are many options when comparing what might work best for your energy project and how to suit your organization's needs best while you work to maintain exceptional patient care. This is where SitelogIQ can help. Read more from our experts about funding opportunities for healthcare facility projects and how we partner with you to identify the best option: https://ow.ly/mfhf50Ul2Lv 🔍 #HealthcareConstruction #HealthcareFacilities #HealthcareFacilityFunding