Facilities

Office tenants try to measure remote work productivity as they weigh shrinking footprints

Why Now is the Time for a Closer Look at Your Real Estate Strategy

This article appeared originally on BIZNOW about our friends at Cresa. Software company LogMeIn had most of its 3,500 workers commute into the office daily before the coronavirus pandemic. Going forward, almost none of them will.After seeing their employees could be productive at home, LogMeIn’s executives in October introduced a long-term, …

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Department store to distribution center?

Department store to distribution center?

The COVID-19 pandemic has accelerated many consumer trends that were already emerging, the most significant being the scaling back of in-person retail and the scaling up of on-line shopping. Both of these developments have had major impacts on commercial real estate. On the retail side, as in-person shopping has decreased, …

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California real estate taxes: The potential impact is tremendous

California real estate taxes: The potential impact is tremendous

With election season upon us many are watching to see what happens in California with Proposition 15, also known as split-roll. The measure increases funding for schools, community colleges and local government by changing the property tax assessments structure originally set by Proposition 13 in 1978. Residential, agricultural and smaller …

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Post COVID-19 – what constitutes a ‘new normal’ workspace

Post COVID-19 – what constitutes a ‘new normal’ workspace

The recent lockdown has resulted in a mass shift to remote working with the homes of employees replacing the physical office. However, pre-COVID-19 fixed costs to maintain office spaces remain and continue to impact balance sheets at a time when organizations are assessing their economic forecasts for the year. With …

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Workplace 2.0™ — Taking Advantage of a New Culture of “Work from Anywhere”

Workplace 2.0™ — Taking Advantage of a New Culture of “Work from Anywhere”

For a webinar by the author on this topic, click here: Cresa Webinar: Workplace 2.0 As companies emerge from the mandated work from home environment, they will begin asking questions such as, “How do we get our employees back to the office and keep them safe?” and “How will we reduce costs in …

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Marketing Your Space with Video

Marketing Your Space with Video

Whether you are marketing a part of your office space for sublease, selling your building or aiming to recruit and retain top talent by showcasing your work environment, the look and feel of your office matters. Despite the inevitable paradigm shift that we’ve experience as a result of the COVID-19 …

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Why Now is the Time for a Closer Look at Your Real Estate Strategy

Why Now is the Time for a Closer Look at Your Real Estate Strategy

Many businesses are in the throes of re-evaluating their real estate needs as they weigh the cost of their space against the rapid rise of remote work culture. While many are opting to sublease, those that are choosing to maintain offices are looking for ways to take pressure off their …

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