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More Office Space Removed Than Built in U.S. for First Time Since 2000

Allwork

Whelan said downtown areas are shifting toward mixed-use development, as cities aim to bring more retail, restaurants, and housing to their cores. According to Phil Mobley of CoStar, such conversion projects can be expensive and are still relatively uncommon, but they can significantly impact localized markets.

2018 279
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Remote Work Could Decrease Office Tenant Demand By 10% In New York

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Flexible work policies are not only the preferred mode of working for most professionals today, but companies also benefit from being able to cut back on their real estate expenses. But this could be treacherous for landlords. . with 10% being in New York. . Unfortunately, empty buildings also mean surrounding businesses suffer.

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Strike Up the Band

Success

For a fifth-generation Colorado native who grew up on a small ranch just north of Colorado Springs, the dream of being associated with the music industry seemed like a long shot for JW Roth. Roths newest venture, Venu Holding Corporation, is disrupting the music industry with plans to build 10 luxury outdoor music venues across the country.

UPS 165
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Zoe Ellis Moore Founder of Spaces to Places | Navigating the Changing Needs of Today’s Professionals: Trends in the Flexible Workspace Industry

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Zoe Ellis Moore is a pioneer in the commercial property industry with over two decades of experience. Her deep understanding of the industry trends and her unwavering dedication to providing top-notch commercial spaces make her a valuable guest on the Future of Work podcast. Myth #2: Flexible workspaces are just a passing trend.

AT&T 278
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The Pandemic Has Impacted Downtown Areas Across the U.S.

Allwork

This trend has impacted the commercial real estate industry. Additionally, businesses in these metro areas that rely on the influx of weekday office workers, such as restaurants and shops, have felt the economic impacts as well. If remote work persists, workers may opt to live in less expensive areas, away from major downtown areas.

2019 202
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The Great Mismatch: Why Employers And Employees Are No Longer In Sync

Allwork

Many employees who value the benefits of remote work (such as better work-life balance, the flexibility to meet family demands, and reduced commute time and expenses) do not accept these arguments. There are also real concerns over business rates for half-empty buildings and long-term contracts for office spaces that are no longer required.

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Flexibility In Design: Turning A Workplace Into An Outdoor Oasis

Allwork

While the pandemic uprooted nearly every industry, the one most changed is arguably the workplace. Lush greenery may not be the first thing you think of when envisioning an office space; however, it is one of the simplest and least expensive ways to brighten up a room and reduce feelings of anxiety. adults are at an all-time high.

Cubicle 278