In the world of flexible workspaces, one of the most important decisions landlords must make is the location of their real estate. But what should commercial real estate owners consider when making that crucial decision? 🤔 With extensive experience in CRE and flexible workspaces, our CEO, Wybo Wijnbergen, can provide first-hand knowledge of what landlords must contemplate before launching a workspace. Read Wybo’s blog for an in-depth look at the pros and cons to weigh up when picking locations… 👇 https://hubs.li/Q02y4-Zs0
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Before the pandemic, many office landlords believed they could create their own amenity technologies to attract tenants. However, the shift to working from home due to COVID-19 prompted a reconsideration of these strategies, emphasizing the importance of proptech in enhancing tenant experiences and drawing workers back to offices. Established platforms like Tishman Speyer's ZO and emerging startups like HqO and VTS adapted to these new demands by integrating comprehensive tenant services. Despite these technological advancements, traditional factors like location continue to play a crucial role. RealFoundations' Emily Fuller highlighted the evolution from providing basic amenities to focusing on flexible spaces and health-focused technologies during the pandemic. Post-COVID, the emphasis has shifted towards creating an office experience that parallels the comfort and convenience of home, incorporating services like dry cleaning and pet care to enhance productivity and satisfaction. Companies like Hilo and Canderel are also innovating in this space, leveraging technology to merge the boundaries between work and home life, thereby improving tenant engagement and satisfaction. The industry now not only aims to provide amenities but also to ensure these investments are cost-effective and genuinely utilized by tenants. Experts like Michael Spies from Navitas Capital view these developments as part of a broader trend towards shared services that cater to both short-term and traditional long-term tenants, emphasizing efficiency and engagement. Similarly, Jonathan Iger from Sage discusses the strategic implementation of amenities based on tenant needs and market demands, ensuring they add long-term value. #Proptech #OfficeSpace #TenantExperience #WorkFromHome #RealEstateInnovation #TenantEngagement #OfficeAmenities #RealEstateTrends #PostCovidOffice #WorkspaceEvolution https://lnkd.in/eY-6URyR
Proptech Firms Ride Demand for Office Amenity Apps
https://commercialobserver.com
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Commercial real estate owners and landlords face numerous decisions when choosing their next workspace, but none is more important than picking a location… 🏢 What factors must they consider when deciding where to open their new flex space? 🤔 Read my latest article in Coworking Insights to find out the pros and cons of different locations 👇 https://hubs.li/Q02x--JD0
Strategic Spaces: Key Considerations for Landlords in Selecting the Ideal Location for Flexible Workspaces - Coworking Insights
https://coworkinginsights.com
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I suspect we will continue to see meaningful portfolio transformations from landlords in major urban centres across the globe. The commercial real estate product mix of 2024 is starting to trend towards what industry experts predicted back in 2018/2019 with flex-office products taking up more of the market. There is massive opportunity for well-capitalized landlords to adopt flex-office products with a layer of hospitality to fill their buildings again. 20% of a leading landlord's office portfolio transformed into flex-office ⬇️
300,000 sq. ft. flex office drive launched
grosvenor.com
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Senior Vice President at Hughes Marino, Corporate Real Estate Advisory // I help business owners and executives make better real estate decisions
While many office markets around the nation are providing tenants with once in a generation rates, our team is seeing a divide in the Denver market between the best quality Class A and marginal buildings. This same condition exists in most every major metro area, including our own. As many companies are returning to the office, they’re wanting to provide their teams with the best spaces possible in Class A real estate, at prices that are above market in some cases, while Class B and C spaces are being overlooked. This recent article by my colleague in Denver offers tips to navigating divided markets, and shares how having an experienced tenant representative can be an asset to finding the perfect space for bringing your team back into the office. I share this as we see a similar dynamic here in our own local market.
Denver’s Tale of Two Cities: 6 Strategies to Secure the Best Space in a Challenging Market
https://hughesmarino.com
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What's going on in Denver? While office markets around the nation are providing tenants with once in a generation rates, Denver is seeing a marked divide between the best quality Class A, and marginal buildings. As companies return to the office, they understandably want to provide the best space possible for their teams, and in Class A real estate like the Cherry Creek North neighborhood, prices are well above market, while Class B and C spaces are being overlooked. My partner, Lindsay Brown, offers tips on navigating the Denver CRE market and shares how having an experienced tenant representative can be an asset in finding the perfect space that helps bring your team back into the office.
Denver’s Tale of Two Cities: 6 Strategies to Secure the Best Space in a Challenging Market
https://hughesmarino.com
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Problem Solver - Corporate Real Estate - Angel Investor - EVP Tenant Brokerage Talks #CRE #PortfolioManagement #SiteSelection #LifeScience #Brokerage #Tenant Rep #NorthernCalifornia #BayAreaLeasing #GlobalTenantRep
While many office markets around the nation are providing tenants with once in a generation rates, our team is seeing a divide in the Denver market between the best quality Class A and marginal buildings. This same condition exists in most every major metro area, including our own. As many companies are returning to the office, they’re wanting to provide their teams with the best spaces possible in Class A real estate, at prices that are above market in some cases, while Class B and C spaces are being overlooked. This recent article by my colleague in Denver offers tips to navigating divided markets, and shares how having an experienced tenant representative can be an asset to finding the perfect space for bringing your team back into the office. I share this as we see a similar dynamic here in our own local market. #tenantrepresentation #corporaterealestate #suburbanoffice #officeleasing #downtowndenver #coloradorealestate Hughes Marino
Denver’s Tale of Two Cities: 6 Strategies to Secure the Best Space in a Challenging Market
https://hughesmarino.com
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While many office markets around the nation are providing tenants with once in a generation rates, our team is seeing a divide in the Denver market between the best quality Class A and marginal buildings. This same condition exists in most every major metro area, including our own. As many companies are returning to the office, they’re wanting to provide their teams with the best spaces possible in Class A real estate, at prices that are above market in some cases, while Class B and C spaces are being overlooked. This recent article by my colleague in Denver offers tips to navigating divided markets, and shares how having an experienced tenant representative can be an asset to finding the perfect space for bringing your team back into the office. I share this as we see a similar dynamic here in our own local market.
Denver’s Tale of Two Cities: 6 Strategies to Secure the Best Space in a Challenging Market
https://hughesmarino.com
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While many office markets around the nation are providing tenants with once in a generation rates, our team is seeing a divide in the Denver market between the best quality Class A and marginal buildings. This same condition exists in most every major metro area, including our own. As many companies are returning to the office, they’re wanting to provide their teams with the best spaces possible in Class A real estate, at prices that are above market in some cases, while Class B and C spaces are being overlooked. This recent article by my colleague in Denver offers tips to navigating divided markets, and shares how having an experienced tenant representative can be an asset to finding the perfect space for bringing your team back into the office. I share this as we see a similar dynamic here in our own local market.
Denver’s Tale of Two Cities: 6 Strategies to Secure the Best Space in a Challenging Market
https://hughesmarino.com
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While many office markets around the nation are providing tenants with once in a generation rates, our team is seeing a divide in the Denver market between the best quality Class A and marginal buildings. This same condition exists in most every major metro area, including our own. As many companies are returning to the office, they’re wanting to provide their teams with the best spaces possible in Class A real estate, at prices that are above market in some cases, while Class B and C spaces are being overlooked. This recent article by my colleague in Denver offers tips to navigating divided markets, and shares how having an experienced tenant representative can be an asset to finding the perfect space for bringing your team back into the office. I share this as we see a similar dynamic here in our own local market.
Denver’s Tale of Two Cities: 6 Strategies to Secure the Best Space in a Challenging Market
https://hughesmarino.com
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