Office

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—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—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.

PRINCETON, NJ—Zucosky, who joined Ware Malcomb in July, says amenities are critical in designing office space for millennial workers.

DALLAS—Millennials have shown they are willing to eschew the urban core for the suburbs if the vibe is right, and in addition to job proximity, they are looking for the live, work, play environment that feels authentic.

CHICAGO—Appreciation for institutional-grade properties has been on a steeper downward trajectory than income throughout 2016, the National Council of Real Estate Investment Fiduciaries said Wednesday.