Large Indoor Parks Show the Value of Office Greenspace
As we inch towards the third year alongside the existence of COVID-19, the pandemic’s impact seems more visible in some places than others. Restaurants and bars are crowded again, air travel has rebounded, and mask mandates have eased save for specialized facilities. Yet the dreaded virus has forever changed how people work, which means it […]
Flex Space is the Next Big Office Amenity
Let’s face it, the office hasn’t evolved much over the last 30 years. But a global pandemic certainly changed that. Faced with tenants seeking spaces that match their new working models, landlords are stepping up, offering office spaces that are designed, amenitized, and even leased in new ways. Flexible leases, with lengths as short as […]
Twitter Latest Big Tech Firm to Cut Office Space
Twitter announced this week it would close one of its San Francisco offices and shrink its New York City office footprint in a move to save money and embrace more remote work. The company told employees in an email that it will vacate one of its San Francisco offices in a building close to the […]
What Is the New Corner Office?
Changing our offices means changing the ways that we perceive success in an organization. Having an office, a permanent place to put your things or be alone, is a universal signal of value. It is an acknowledgment of commitment from employer to employee. It tells them that they belong, that they deserve a place. We […]
Why Combining the Physical and Virtual Office Makes Better Salespeople
With the pandemic showing signs of winding down and a potential return to normalcy on the horizon, the decision of whether or not to “return to the office” is at the forefront of everyone’s mind. Unsurprisingly, the verdict of that decision varies depending on who you ask. A recent study found that 75 percent of executives currently […]
The Office Hub and Spoke Model is Getting Another Look
The office hub and spoke model is nothing new. Before the pandemic, corporate occupiers experimented with having a central office in a downtown urban area with scattered satellite offices in nearby suburbs. The idea of a distributed workforce was already gaining steam long before anyone ever heard about the novel coronavirus. By the time the […]
How Serious is the Threat of Obsolescence in the Office Market?
To say there’s uncertainty in the office market is an enormous understatement. Companies and landlords are beginning to get more clarity as hybrid work models firm up and workers slowly trickle back to offices. But vacancy rates remain stubbornly high, and there’s been a vast difference in occupancy for newer and older buildings. The speculation […]
Record High Office Vacancies on the Horizon
A new report shows that we should expect 243 million square feet of U.S. office space to hit the market soon. A slew of U.S. office leases are set to expire thanks to the fact that many office tenants whose leases were set to end during the worst of the pandemic signed one-year or two-year […]
Converting a Bedroom into a Home Office
In today’s world, we all need a place to be able to work from home. Whether for the professional that gets away to Atlanta from another area or has decided to make this their main home. As the featured decorator for the home office at the 2022 Kips Bay Palm Beach Showhouse, Tish Mills offers […]
Even Google Agrees There’s No Going Back to the Old Office Life
The great enforced global experiment in working from home is coming to an end, as vaccines, the Omicron variant and new therapeutic drugs bring the COVID-19 crisis under control. But a voluntary experiment has begun, as organisations navigate the new landscape of hybrid work, combining the best elements of remote work with time in the […]
Who’s Afraid of Returning to the Office?
On the night of January 31st in Seattle’s Belltown neighborhood, something shocking happened as an Amazon engineer walked home from work. Video footage revealed that a homeless man had crept up behind her with a baseball bat before taking a full swing at her head. The man, Wantez Tullos, fractured the female engineer’s skull and […]
Office Expansions in Big U.S. Cities Outpaced Contractions in 2021
According to new data from CBRE, companies stopped standing still in 2021 when it comes to long-term real estate decisions. Office-using companies in major U.S. markets shifted to more relocations and expansions in the first three quarters of 2021, reflecting increased confidence in making long-term real estate decisions compared to a year earlier. In turn, […]