Coastal Community Bank’s Post

As the dust settles from 2020, the landscape of office real estate undergoes a dynamic transformation. Shorter leases and flexible arrangements redefine traditional norms, while employers prioritise sustainability and social responsibility. Despite the surge in remote work, the return to the office gathers momentum, driving demand for premium locations. Seizing this opportune moment, investing in office spaces emerges as a strategic move for forward-thinking investors. Explore the possibilities with GM CRE Advisors, guiding you through the ever-evolving domain of workplace dynamics. It's time to invest in the future. 🌐 Website: www.gmcreadvisors.com 📧 Email: [email protected] 📞 Phone: +91 8438702179 . . . . . . . . . . . . #office #workplace #officespace #commercialproperty #commercialrealestate #realestate #creinvestment #propertyinvestment #commerpropertyforsale #forsale #realestateagent #lease #cre #consultant #creconsultant #gmcreadvisors

Great article on transforming vacant space... The vacant space left behind by remote workers has cities and towns scratching their heads about how to breathe life back into office sectors. Decades of improvements to make office buildings better workplaces have made them very specialized and difficult to adapt to new tasks, but that isn’t stopping people from trying. Will your next spa day be 20 stories up? Karen Whitt and Andrew Steele of #ColliersREMSUS explore the ways tenants are adapting and innovating. Click here to read their insights: https://ow.ly/9i7m50SuZNV #officespace #rethinkingbuildings #ColliersDC

Over the last few years, the way employees view and approach work has changed. Businesses now must understand the top priorities of their future workforce such as embracing flexible work models. Employees also expect to be given space and trust to deliver their best work. Something we often talk to our clients about is the benefits of dividing your office space into neighbourhoods, whilst it might seem that you can't please everyone, dividing your office up this way gives employees different spaces to work and supports different ways of working, great for those who thrive in an open plan office, and great for those who are more efficient in a quiet, more secluded space! 🙌 #flexibleworking #dynamicworkenvironment #officeinteriors #commercialinteriordesign #neighbourhoods #officezones

Employees feel 6% more productive in a well-designed office space And that’s why choosing the wrong office space can be a costly mistake. It's more than just rent – it's a long-term investment that significantly impacts your bottom line. A suboptimal office can lead to- ➡️ Decreased productivity ➡️ Higher turnover rates ➡️A damaged company culture This translates to lower morale, reduced output, and increased absenteeism. Moreover, a bad office space can harm your company's reputation. Potential clients and top talent may form negative impressions based on your workspace. Investing in a quality office space is not an expense, But a strategic decision that pays off in the long run. It's about creating an environment that ✅Supports employee well-being ✅Fosters collaboration ✅Drives business growth Remember, your office space is more than just four walls. It's a reflection of your company's values and a crucial component of your overall business strategy. Does your office space help your employees be more productive? Let me know in the comments! #officespace #companyculture #productivity #corporaterealestate

I completely agree. The right office space is a strategic investment that can drive productivity and retention. Beyond just physical walls, it fosters collaboration and reflects company values. Prioritizing this leads to long-term business growth. #OfficeProductivity #WorkplaceDesign #EmployeeWellBeing #BusinessGrowth #CompanyCulture #realestate

In today's ever-changing work landscape, one thing is clear: Gen Z is reshaping the way we view office spaces. With their unique preferences and priorities, it's essential for employers to adapt to meet their needs. Gen Z workers crave a workplace that offers more than just a desk and a computer. They want an environment that prioritizes collaboration, professional growth, and well-being. That's why many companies are reimagining their office spaces to resemble more than just a traditional workspace. But it's not just about the physical space—it's about the experience. One prime example is Onyx Equities' 340 MT Kimble property, a "live, work, grow" community designed to meet the diverse needs of today's workforce. With its curated spaces, diverse common areas, and options for social events and meetings, it provides an aesthetically pleasing and functional environment that empowers employees to work and collaborate. Check out 340MK https://www.340mk.com #GenZ #WorkplaceDesign #OfficeSpace #EmployeeExperience #OnyxEquities #340MTKimble #RealEstate #CommercialRealEstate #LiveWorkGrow #CommunityBuilding

Melanie Pinola has rightly said, "Investing in your workspace is like investing in your own productivity and job satisfaction." Indeed, the integrity of your workspace has a direct impact on your productivity and, consequently, your professional satisfaction. Every aspect of your workspace matters. The technology you use, the furniture you sit on, even the ambiance you create, each play a significant role in shaping your work-from-home experience. When these elements sync harmoniously, they create the environment that can fuel your productivity and make work a satisfying experience. At HomeWerx, we believe in this wholeheartedly, which is why our home office solutions are designed with an eye for detail. We excel in delivering more than just technology; we provide a complete package that allows you to work from home effectively and efficiently. Always remember, a well-planned investment in your workspace is an investment in your future productivity and job satisfaction. Let's make every workday count. #WorkspaceInvestment #Productivity #JobSatisfaction #HomeWerx

Remember the days of the daily commute, a cramped cubicle, and endless office meetings? The #remotework revolution has disrupted all that, giving us the freedom to live and work anywhere! But where's that "anywhere" exactly?   Forget sleepy bedroom communities. Today's suburbs are buzzing with remote workers seeking space, affordability, and a sense of community. Think "work-from-home havens" with co-working spaces popping up like cafes, high-speed internet, and family-friendly activities galore.   But not everyone seeks suburban bliss. For urbanites craving connection and collaboration, co-working spaces are the new office. These sleek, social hubs offer flexible memberships, hot desks, and a chance to escape the home-office rut.   Whether urban or suburban, spaces are undergoing a transformation. Dedicated workspaces with ergonomic furniture, built-in technology, and even soundproofing are replacing spare bedrooms. And don't forget the skyrocketing demand for balconies, patios, and gardens – that Zoom background has never been more important!   Let's talk about this exciting shift together! Share your thoughts, experiences, and questions in the comments below!

The correlation between employee happiness and workplace productivity is a well-established fact. When your employees are content in their workspace, their productivity tends to soar. ✨ The image your company projects is intricately tied to its success. Whether it's a lunchroom makeover, a boardroom upgrade, or a comprehensive office transformation, each space presents an opportunity for your environment to mirror your company's unique personality or accommodate future growth. We specialise in tailoring office fit-outs to align with your specific requirements and budget. Our approach ensures customised solutions that are creative and pragmatic, consistently surpassing expectations. 🛠️ By investing in a workspace that resonates with your company ethos, you're enhancing aesthetics and fostering an environment where employees and clients feel a strong sense of connection and satisfaction. Learn more about how we can breathe new life into your commercial space - 💻 https://lnkd.in/gxjMfj9Q, 📞 (08) 9787 9888 or email ✉️ [email protected]. #commercial #bunbury #southwest #perth #construction #renovation #refurbishment #officefitouts

This is the most succinct visual of the trend in office usage I've seen yet. I think it's important to note that this article is referencing foot traffic, not vacancy. Vacancy represents leased space vs total space expressed as a percentage. Foot traffic represents people actually coming in and out (tracked by key fobs). I think foot traffic is a far more reliable metric with which to gauge true demand for office space and the jury is still out on what that is going to look like. Ultimately, it will be lower than before the pandemic. There is still a shift coming as loans on office properties that were financed pre-pandemic start to come due and new market rates won't support them. Out there on the street other asset classes feel pretty stable, albeit, slow. Office definitely still feels like we're waiting for the other shoe to drop... What then do we do with all this office space that we just don't need anymore? I've got some ideas and I'd love to hear some from my LinkedIn community as well. Drop your idea in the comments!