Businesses are finding ways to guarantee flexible office space early as speed becomes top priority.
Flex-Space Is Changing the Way Commercial Real Estate Thinks About Occupancy
Building owners across the U.S. are developing solutions that allow them to capture the growing demand for flexible space.
Co-Working Is the Most Misunderstood Trend in Commercial Real Estate
Since those early days flexible workspaces have come a long way, developing into the classic version we now recognize. But despite the prevalence of the idea of working out of a WeWork that seems to have permeated into today’s office ethos, the industry as a whole is still very young.
Why companies are crowdsourcing office decisions
Firms are seeing the value in employee feedback as they leverage commercial real estate as an HR strategy.
Tech Industry Demand For Space Driving Office Rents Up
Office rents are highest in New York, the San Francisco Bay Area, Washington, D.C., Los Angeles and Miami, but rents are growing the most (over the last five years) mostly in smaller tech markets.
Pause For Thought: Big Corporates Are Using Sensors To Drastically Cut Office Space
Office owners take notice: The use of sensors and data is allowing big companies to reduce their office space by as much as a third.
One-Quarter Of All U.S. Office Construction In The Past Decade Was In Texas
Texas metropolitan areas have been leading the nation in office construction and have no reason to pump the brakes on future construction projects since demand only continues to grow, a new report from CoStar says.
Even With Growing Rents, Tenant Improvements Are Eating Into Landlord Margins
Building office amenities is frequently referred to as an arms race, and it is taking an increasing toll on landlords.
Flexible office demand in Paris almost double the global average
Demand for flexible office space in Paris is almost double the global average, according to a report by Instant Offices.
The Global Coworking Boom Is Finally Causing Desk Prices To Drop
For the past few years, coworking and flexible workspace have been something of a one-way bet for the companies getting into the business. Supply has risen rapidly but demand has risen faster, and so prices have continued to increase.
Today's Office Occupier Must-Have: A Roof Terrace
Research by JLL and digital office broker Hubble shows a staggering 238% increase in the number of potential UK tenants listing an office roof terrace among their list of desirable amenities.
The Office Of Tomorrow Focuses On Amenities And Wellness
What Hines and Ivanhoé Cambridge are developing with the Texas Tower is a reflection of the current office development landscape.
CRE Costs Force Trade-off Between Flexibility, Privacy
Since the close of an $85 million Series C funding round in 2018 and the appointment of Bryan Murphy as CEO in January, flexible workspace provider Breather has focused its offerings to address the trend toward longer-term hybrid real estate solutions that provide the flexibility of co-working with the privacy of traditional leases.
Will Workplace Flexibility Be A Blessing Or A Curse In A Downturn?
Most experts agree that the economic downturn will eventually come, and it is a matter of when and how severe, not if. One thing's for sure: the office leasing world looks very different to what it did a decade ago.
JLL Introduces Its Own Version Of Alexa For Office Users
Through JiLL, office workers will be able to book conference rooms, schedule maintenance requests, send messages to coworkers and other related activities.
Coworking is now the key driver of change in property market
Having disrupted the property sector over the last decade, coworking continues to impact investors, developers and end users as the concept appears to be the dominant force in the commercial s
Global Office Occupancy Costs on the Rise
The cost to lease prime office space has risen across the globe, in some cases significantly, for the year ending March 31, according to a new report by CBRE. It analyzed 122 markets and found that 85 posted cost increases.
Coworking vs. Traditional Office: Are You Paying Too Much For One Or The Other?
Companies relying solely on quoted lease rates when choosing between coworking spaces and traditional offices could find themselves unintentionally choosing lease options that are more expensive in the long run.
Hudson Yards: The development shifting New York’s center of gravity
London leads the way in a rapid rise of flexible office spaces
This rise in flexible office space is just one of the latest trends to emerge from the corporate world, and according to a report by office brokers Office Freedom, London is at the forefront of this growing market.