Everyone is talking about the looming recession. While I personally think it’s likely to hit in 2023, no one seems to be talking about how it could bring people back to the office. The article below discusses the reasons why a recession will lead to remote workers heading back into the office. Layoffs are coming (actually, they’re already here), and unemployment … Continue reading Weakening the Work-From-Home Revolution
Up to 70% Office Building Obsolescene??!!
Zisler Capital Associates released a report that stated up to 70% of the total office inventory might be obsolete. This is a massive disruption for office building owners. Now, we know that how tenants use their space is changing dramatically post covid and with new, rising technologies (Zoom, Slack, everything in the cloud, etc). We also … Continue reading Up to 70% Office Building Obsolescene??!!
Office Space that Works
In 2010, psychologists Alex Haslam and Craig Knight did some experimenting with office space layouts (read the full article below for some fascinating history and thoughts). Here’s what they found: –Employees want to make their space their own. –When they get that opportunity, they do more and better work. Over a decade later and employees … Continue reading Office Space that Works
Multi Story Warehouse
I recently wrote about office land sites going to industrial developers here. Below is one additional reason why this trend is happening. This is crazy. Take a look below, but first here are some of my thoughts: –The industrial market is on fire and the country is building out the last mile infrastructure. –Land prices … Continue reading Multi Story Warehouse
Are the Suburbs Back? And other Office Trends from NAIOP
As companies begin to return to the offices which have largely been left empty since the Covid 19 pandemic started, the first trend we are seeing is companies are going to have to transform the spaces into places where workers will want to be. This is an important move since there is now a shift … Continue reading Are the Suburbs Back? And other Office Trends from NAIOP
Back to the Office, Differently
Have you figured out how your office will look in 2022 and beyond? Below is cool, quick article from Fast Company illustrating some of the changes happening in the office. Yes, they do mention some pretty big tech names, and we don’t all have the same construction budgets as Salesforce, but there are some great ideas … Continue reading Back to the Office, Differently
Office Buildings and Sites Going Away
One of the craziest office building trends I have witnessed in the past decade is now accelerating. The trend: Office land and office buildings are being built out for other uses. Office used to be the highest and best use….not anymore. Years ago, I wrote this narrative on apartments taking office sites. Today, developers are: –Rezoning … Continue reading Office Buildings and Sites Going Away
Hybrid Work Messiness
Now the messy part with hybrid work begins. Below is an article outlining the conversations we are having 5 times a day right now with our clients. How do we come back to work and what are the rules, office space layouts and long-term consequences of allowing everyone to partially work from home? Here is … Continue reading Hybrid Work Messiness
COVID 19 Office Space Changes
This narrative has been talking about changes in office space design, layout, and work flow for the last year. During COIVD-19, I decided to put together a summary presentation of the 10 changes office space users are making as we come out of the pandemic. I have given this presentation live (well, over Zoom) over … Continue reading COVID 19 Office Space Changes
Office Space to Compete With Remote Working
I found the below article a nice start to a conversation all of our clients will have over the next year or two. Who will go remote and why should we still have office space? First, as you will recall from last week’s narrative, as few as 34% of jobs can even be considered remote. … Continue reading Office Space to Compete With Remote Working