The Modular Building Institute’s Awards of Distinction Contest recognizes the best in commercial modular building design and construction. This year’s contest garnered 147 entries, a 40% increase in ...

For the past five years, the construction industry has struggled to keep projects on time and on budget. Every change order can push schedules back by months, even years, leaving developers exposed to ...

The retail industry currently faces a period of rapid transformation. Consumer preferences shift quickly, and the traditional model of long-term commercial leases in static brick-and-mortar buildings ...

Speed to market drives data center construction. That creates a ripe opportunity for modular construction, writes one ...

“Our acquisition of Design Space is highly complementary to our modular building rental business,” said Joe Hanna, President and CEO of McGrath RentCorp. “With the acquisition now completed, we will ...

There is no shortage of developers or builders who have tried prefabrication and now swear against it. I hear more and more, “we tried it and it didn’t work.” Yet, some are achieving huge success. But ...

Aermec North America, a unit of Italy-based Aermec, which is itself part of the Giordano Riello International Group, has launched a new water-cooled heat pump system that is claimed to provide more ...

Business-to-business rental company McGrath RentCorp (MGRC) has agreed to acquire Design Space Modular Buildings PNW for a total cash consideration of $260 million. McGrath RentCorp estimates the ...

Japanese heating system manufacturer Daikin has unveiled a new modular air-to-water inverter heat pump series for commercial buildings. The system uses propane (R290) as the refrigerant and is ...

LIVERMORE, Calif.--(BUSINESS WIRE)--McGrath RentCorp today announced that it has signed a definitive agreement under which it will acquire Design Space Modular Buildings PNW, LP (“Design Space”), for ...