Modular design could be the future of tenant improvements and interior build-outs. Los Angeles-based interior construction and design company Emagispace has launched a sustainable, interlocking building block system.
Link between offices and wellbeing is too important for landlords and occupiers to ignore
Developers and landlords who invest to create offices that embody the occupier-driven focus on wellbeing will reap their rewards commercially while those that don’t face diminishing returns, according to a new report from Cushman & Wakefield.
Q2 National Office Snapshot: 5 Things To Know
Nationwide office fundamentals were strong in Q2 despite a marked slowdown in new job gains and a wave of new deliveries that came online during the quarter. “Even eight years into the cycle, office-using job creation remains healthy and solid in most markets. … However, we have blown past full employment in certain cities, which means job growth is going to slow in certain spots and accelerate in others as businesses broaden their search for talent,” Cushman & Wakefield Chief Economist Kevin Thorpe said in a statement.
BCO predicts how Brexit might impact on demand for office space to 2022
Commercial property occupiers remain cautious about the future, and hard data indicates that demand has, so far, been largely unaffected by Brexit, claims a new report from the British Council for Offices (BCO) . ‘Brexit and its Potential Impact on Office Demand’, examines how Brexit might impact on demand for office space on a national and regional basis through to 2022
Don’t be fooled: Seats are not people
In an office planning world where seats no longer automatically equate to people, ratios matter. Concurrent shifts toward greater workplace density and desk-sharing are challenging a decades-old notion that “people” and “seats” are interchangeable for planning purposes.
The Future of Amenities: Amen(c)ity Tower
Amenities have typically ranged from providing daily conveniences (dry cleaning, food courts, etc.) to recreation or health (gyms, saunas, clinics, etc.). To appeal to a younger generation, building owners are in a race of amenity one-upmanship, with popular amenities like table tennis and complimentary food becoming less of a differentiator than health complexes, basketball courts and hair salons.
Reis: Office Vacancy Rate "flat" in Q2 at 16.0%
Continuing its lackluster pace, the Office market recorded the lowest quarterly net absorption in three years as the vacancy rate remained flat at 16.0%.
Designing the Office for the New Legal Landscape: Do More With Less
Specifically, “less” for the law firm means reducing their office footprint and leasing costs. Historically, office occupancy represents the law firm’s second-largest expense — after employee compensation — and many firms are adjusting accordingly in several ways.
JLL | Virtual Reality and Augmented Reality for the Construction Industry
Ryan D'Arcy, State Manager for Project & Development Services in Perth, presented how the team uses Virtual Reality and Augmented Reality to make a difference for our clients. Explore the 3D scans of Central Park, Perth and the Level 47 virtual fit out here: http://jll.link/60438l1S7
Why I call this place home | JLL New York
When you’re thinking about real estate…it’s about so much more than just the real estate. It’s about creating environments where talent thrives and sales skyrocket. Delivering a space where collaboration rules and productivity soars.
It’s not just the buildings. There are stories everywhere. It’s why I call this place home.
Accommodating a liquid workforce
The rise of the liquid workforce is transforming the way people work together, with demand soaring for freelance services and a growing pool of talent ready to supply it. Over the past five years, the number of contingent, “on-demand” workers has spiked, now comprising roughly 30 percent of the U.S. workforce. And yet, full-time talent recruitment and retention remain a vital part of the equation, considering clear benefits such as institutional knowledge and long-term employee engagement.
theMart's New Neighbor: Second Wolf Point apartment tower cleared to rise along the Chicago River
There's soon going to be much more opportunity to live next door to NeoCon. The second phase of the three-skyscraper project at Wolf Point scored its first building permit today. Located at the confluence of the Chicago River’s main, north, and south branches, the upcoming tower will occupy one of the city’s most visible downtown sites. With the official all-clear granted by City Hall, the relatively compact peninsula will soon be swamped with crews working to construct the 60-story rental apartment tower known as Wolf Point East.
Commercial property giant acquires controlling stake in London based flexible office provider
While we should never read too much into a single piece of business, the news that one of the world’s largest property investors is buying a young and still growing British flexible office provider is surely a sign of things to come. As Blackstone, a private equity giant with £140 billion of real estate assets worldwide acquires a controlling stake in The Office Group for £500 million, we must view the deal in the context of a market in which the most dynamic players are WeWork and its contemporaries. The Office Group has grown from seven buildings to thirty-six since it was founded in 2003 and provides flexible office and coworking space to start-ups, freelancers, small businesses and increasingly, corporates such as Facebook, Dropbox and British Gas.
The workplace experience will define how real estate enables business transformation
JLL has Tuesday launched ‘Workplace powered by Human Experience’, a new global report series and accompanying tool, the ‘Human Experience model’, looking at how workplace experience can help businesses thrive in the new world of work. Findings of the report, which is part of JLL’s recently launched Future of Work research program, are based on consultations with decision makers at 40 corporations around the world and the results of a separate, anonymous survey of more than 7,300 employees working for companies with more than 100 members of staff.
The rise of co-living: How Millennials are reshaping the way we live
The demand for co-living is similar to the reasons behind the popularity of co-working – a mobile generation of young people who demand flexibility, openness and collaboration.
Opportunity Knocks
Department store closings continue to raise concerns about the long-term viability of shopping centers, but maybe the doomsayers have it all wrong. Shuttering failing anchors and recapturing under-utilized space could unleash the opportunities needed to revitalize retail mixed-use development and improve profitability now and in the future.
Seismic structural shift about to hit the office market
The office market is changing - and rapidly. The way tenants are occupying buildings, in particular, is changing incredibly quickly.
Shared working space could reduce London office rental values by 25%
The rise of co-working spaces could mean that central London’s office market will lose up to 25 per cent of its value as businesses downsize from expensive locations and move their employees into the suburbs, according to a ratings agency.
Automation to cut core office footprint by up to 30pc, JLL says
Corporate tenants will cut their long-term leases by up to 30 per cent as automation eliminates nearly a tenth of all existing jobs over the next 20 years, a new office space report by JLL says.
Factors to Consider In Selecting an Urban or Suburban Corporate Campus
Since their debut in the 1950s, suburban corporate campuses have come to symbolize the culture and success of U.S. enterprise. But could the era of the suburban corporate campus be nearing its end?