MCS | Knowledge Center

When a retail store shuts down, the work isn’t over. Effective property management is crucial to preserving its value and preparing it for future use or sale. And property services for dark stores are more essential now than ever: After a sharp increase in store closures in 2024 (7,325 closures, the highest since closures reached 10,000 in 2020), Coresight Research anticipates even more closures this year, climbing to around 15,000.

Choosing the right components for your commercial property lighting program involves far more than just picking bulbs. From aligning with your sustainability goals to navigating brand reliability and managing long-term LED performance, the right solution requires a strategic approach.

As technology advances, so do the expectations for safety and convenience in multi-family rentals (MFR) and student housing. And according to recent research, residents are willing to pay more for the enhanced security provided by technology solutions like smart doorbells, video surveillance and mobile access control.

While it may seem that winter was just here, savvy facility and property managers know that it’s already time to start planning for the next snow season. May is the time to start drafting your RFP so it can be distributed to potential partners in June allowing a decision to be made in August to be prepared for the first snowfall. Our team of experts outlines seven essentials to include in your snow and ice RFP, plus three RFP mistakes to avoid.

Saving money during tenant turns (also referred to as “make readies”) starts with shortening timelines and reducing unnecessary steps. The key is to be proactive and streamlined—fewer delays, fewer approvals and fewer surprises. These six essential elements can help reduce long-term costs and get your property re-rented faster:

Maintaining a reliable HVAC system is crucial for the comfort, safety and efficiency of any commercial property, not to mention keeping costs in check. After all, heating, ventilation and air conditioning account for around 35% of energy consumption for commercial buildings, according to Department of Energy estimates.