News: Brokerage

Thornton of Thornton Tomasetti awarded 2008 Henry C. Turner Prize on Sept. 9th

The National Building Museum presented the 2008 Henry C. Turner Prize for Innovation in Construction Technology to Charles Thornton, Ph.D., P.E., co-founder of Thornton Tomasetti, Inc., the international engineering design firm and founder of the Architecture, Construction and Engineering (ACE) Mentor Program of America, on September 9th at the National Building Museum. The Turner Prize, named after the founder of Turner Construction Co., recognizes an invention, an innovative methodology, and/or exceptional leadership by an individual or team of individuals in construction technology. The prize carries a cash award of $25,000 from an endowment established by Turner Construction Co. Through his inspirational work in founding the ACE Mentor Program, Thornton introduces high school students to careers in the building arts and sciences. ACE and Thornton have worked to connect students with mentors in the profession and provide college scholarships. Thornton has helped grow the ACE Mentoring Program of America into a national program with affiliate organizations in 31 states, and involvement of 45,000 students nationwide.
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Columns and Thought Leadership
Hunt commercial real estate question and answer: The total cost of relocation - by David Hunt

Hunt commercial real estate question and answer: The total cost of relocation - by David Hunt

You have a right to be concerned. I am always surprised at the companies that will negotiate the price of their new facility down to the last dollar, without thoroughly analyzing their
The death of the generic offering memorandum: What buyers expect in 2025 - by Kimberly Zar Bloorian

The death of the generic offering memorandum: What buyers expect in 2025 - by Kimberly Zar Bloorian

There was a time when an offering memorandum (OM) was pretty bare bones, some photos, a few bullet points on income, and a rent roll thrown in at the back. That used to get the job done. Not anymore. In 2025, buyers are sharper, faster, and more selective. They’re looking
New York’s streets are full again, and the retail numbers prove it - by Noam Aziz

New York’s streets are full again, and the retail numbers prove it - by Noam Aziz

Walk down any New York block this year and you can feel it. The sidewalks are crowded, the storefronts are lit, and the energy that defines this city is back at full volume.
Artificial intelligence in lending - by Lindsay Mesh Lotito

Artificial intelligence in lending - by Lindsay Mesh Lotito

Artificial intelligence (AI) is beginning to help transform lending by enhancing decision-making, improving risk management and streamlining operations. With AI-powered tools that analyze vast amounts of data, lenders are able to assess borrower creditworthiness more accurately and efficiently. AI can evaluate a wide range of factors,