Yes, we’re talking about remote work again. More and more employees want to work from home, and it’s clear why. More flexible hours, no commute, comfort, there are many benefits for flexible work. The trick for employers who need their workers back in the office is figuring out how to make their space appealing to … Continue reading How To Make the Office Like Home
The evolution of hybrid work continues as companies move on from the pandemic. While work from home (WFH) satisfies many, the allure of work from anywhere (WFA) may seem like a dream scenario. The article below from The Economist takes a closer look at the realities of completely untethered work. It’s important for employers and Landlords to understand … Continue reading Will Work from Anywhere Work?
For all of you holding out, it is time to accept Work-From-Home as mainstream. We think some version of this is here to stay, and while it may have peaked during the pandemic (check out my narrative on how a recession will impact WFH), it is something that all executives will have to take into … Continue reading Work-From-Home Explained
As you might recall, I am a long time Counselor of Real Estate (CRE). This organization puts out some of the most thought-provoking discussions about Commercial Real Estate. The below article is no exception, and is a great summary of the worker shortage, why we have one and what we see going forward. Here are … Continue reading Where Are the Workers?
The world ebbs and flows…the job market is going from being tight to soft. That is a cycle. The young people who have joined the workforce after 2008 have never seen a recession. It looks like one is coming, meaning many of the jobs they took for granted will disappear. A good article from the … Continue reading Job Market Softening
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
Want to understand how employees really feel about the hybrid workplace? Microsoft has put out a fantastic report called the 2022 Work Trend Index Annual Report. An independent research firm conducted a survey with over 31,000 full-time and part-time works across 31 worldwide markets. This report also used valuable data from LinkedIn and Microsoft 365. Here are … Continue reading The Latest Insights and Stats on Hybrid Office Work
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??!!
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
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