Category: #development
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CBD Office Markets Struggle with Persistent Vacancies
As office demand continues to shift, central business districts face ongoing headwinds, according to our latest office report. CBD properties remain under pressure as leases roll and construction slows. CBD vacancy now stands at 19.2%, up 730 basis points since early 2020. To compensate for decreasing demand, CBD listing rates have dropped nearly 30% below pre-pandemic levels. On a national level, the average vacancy rate climbed to 19.7% in April, up 140 basis points…
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Clark Tops Out Pepperdine Arena, Wellness Center
Clark Construction Group, in collaboration with Pepperdine University, Perkins & Will, and key trade partners, celebrated the topping out of the Pepperdine Arena building. The Resilience-Informed Skills Education (RISE) building, also in development, is scheduled to top out at the end of May 2025. These milestones mark a significant step forward in the transformation of…
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Arkema Marks 60 Years of Kynar 500® PVDF
Since the very beginning, when Arkema started its production, Kynar 500® PVDF, has been sold through a strict licensing program with partner paint companies. Across the planet, architects, specifiers and building owners have grown to recognize the famous trademark license as a symbol of high performance and long-lasting quality. Kynar 500® PVDF is produced in…
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Database Development for Real-Time Apps: Challenges & Solutions
In today’s fast-paced digital world, real-time applications are no longer a luxury—they’re a necessity. From live financial trading platforms to instant messaging apps and IoT-driven smart devices, the demand for real-time data processing is skyrocketing. However, building databases that can handle the unique demands of real-time applications is no small feat. This article explores the…