In this final week of my series, I wanted to talk about what companies are doing for their employees. Yes, we know a few already—meals, bocce ball, corn hole and napping pods all across Silicon Valley. But what about across the U.S.? For this I turned to one of our clients and a leader in … Continue reading Office Space 2020- The Employee Experience- Part 4 of 4
One of the first lessons you learn when you start representing owners and tenants in leasing office space is that the tenant rules. They drive everything. Rates, Tenant Improvements, where buildings get built, what buildings get built — everything. Deloitte produced a very nice 2020 Commercial Real Estate Outlook (the link to the entire study … Continue reading Office Space 2020- The Tenant Rules- Part 3 of 4
Today I want to look at the workforce for this coming decade. We are living AND working longer. I wrote a previous narrative about how five generations of employees are now in the workplace. Check it out here. What does that mean having five generations in your office?: – We are having to plan for, manage, … Continue reading Office Space 2020- Workforce- Part 2 of 4
Welcome to 2020. As we start the new decade, I have prepared a 4-part series of narratives on office space 2020. For the next 4 weeks, I’ll be taking a look at what is going on in the workplace from a high level to set the tone for the decade. Part One: The Future Office. Below … Continue reading Office Space 2020- A 4 Part Series (Part 1)
I love to write this narrative each year. Annually, I get to comment on some of the coolest office spaces in the world and also highlight a couple clients we have completed transactions with in the past 12 months. First is a very cool tenant lounge that Cypress Properties and Oaktree built at Renaissance One. Next, … Continue reading World’s Most Beautiful Offices of 2019
In 2015, I said this was not a good investment. In 2018, I said, I couldn’t believe this was still going on. In April this year, I reiterated this was going to crash….and it finally has. But that doesn’t mean I’m happy I was right. What was my prediction? WeWork (now We Company) was not … Continue reading I Got One Right… and I am not happy about it
One of the best parts of being a Counselor of Real Estate (CRE) is the annual debate about what issues are driving real estate. Boy have they changed over the last 5 years. For 2019-2020, our organization has come up with a couple issues that you would have NEVER guessed would have been on the top … Continue reading 2019-20 Top Ten Issues Affecting Real Estate – My Annual Take
McKinsey did a pretty interesting study on creating a superior customer experience strategy. As you can imagine, it’s not just the actions of the front-line, customer-facing workers that adds the ‘customer first’ experience to a company, but the executives and strategy as well. The more a company invests in the interests of their employees, the … Continue reading #1 Item for a Superior Customer Experience Strategy
Sometimes I geek out over office space. Today’s narrative is one of those just for the interested. Here is a link to a survey conducted by the National Association of Industrial and Office Professionals (NAIOP). This 50-page deep dive into the topic asks real estate owners and professionals their thoughts on Co-working vs. Building Collaborative … Continue reading Ready for an office space deep dive?
Below is an interesting article from The New York Times about office landlords seeking a competitive edge in leasing space to tenants. Our primary market is Phoenix, so when I travel or read, I am always watching out for trends and changes in what owners are doing and what tenants are leasing. Here are … Continue reading Gaining a Competitive Edge in Office Buildings