Employees Need To Be Able To Plug In At Work

26th February, 2014 - Posted by Jeffrey S. Weil, MCR.h, SIOR - No Comments

Electric vehicle charging stations – be the office or retail building that doesn’t offer this and you may be the building with fewer tenants and higher vacancies. As electric cars become mainstream, employees need to be able to plug in while at work. One advantage suburban offices have is land to put solar canopies on. […] Read More

One novel concept in San Francisco is a shared office set-up …

13th August, 2013 - Posted by Jeffrey S. Weil, MCR.h, SIOR - No Comments

One novel concept in San Francisco is a shared office set-up where startup companies and folks who want to work out of the house can do so with their young children within reach.  “Nextkids offers secure space for kids to eat, sleep and romp within feet of where moms and dads can plug in their […] Read More

Google’s 1.2 million square feet new Mountain View, CA office campus planned for construction will …

29th July, 2013 - Posted by Jeffrey S. Weil, MCR.h, SIOR - No Comments

Google’s 1.2 million square feet new Mountain View, CA office campus planned for construction will have a number of very unique features.  The buildings have been nicknamed “noodles” because they are long, narrow and curved to allow 70% of the occupants natural light.  There are rumors of rooftop vineyards, extremely low environmental impact features like […] Read More

There’s definitely a trend towards a more efficient use of space among office users …

26th July, 2013 - Posted by Jeffrey S. Weil, MCR.h, SIOR - No Comments

“There’s definitely a trend towards a more efficient use of space among office users thanks to the advancement of digital file storage, Wi-Fi, and the like.”  According to CoStar, there are a number of factors involved in this, including length of lease, corporate standards, existing furniture and budgets for smaller, more efficient work environment.  Also […] Read More

Commercial property interest rates have gone up …

16th July, 2013 - Posted by Jeffrey S. Weil, MCR.h, SIOR - No Comments

Commercial property interest rates have gone up 1/2 percent (50 basis points) there are still low amazing fixed rates.  I have heard of 15 year fully-amortized 3.7 percent fixed rate commercial loans but the bargain rates are now in the past.  Apartment financing has also increased a 1/2 percent. Tweet This Post Read More

The United States has averaged 150 million sq ft of new office building construction per year …

9th July, 2013 - Posted by Jeffrey S. Weil, MCR.h, SIOR - No Comments

The United States has averaged 150 million sq ft of new office building construction per year.  There is an estimated 12.25 billion sq ft of office space in the United States today.  Recent studies suggest that Corporate America downsized their work space at lease expiration to approximately 125 sq ft per employee, which will free […] Read More

According to Commercial Investment Real-Estate Magazine May 2013 …

8th July, 2013 - Posted by Jeffrey S. Weil, MCR.h, SIOR - No Comments

According to Commercial Investment Real-Estate Magazine May 2013, companies try to accurately estimate how many square feet per worker is needed, but often times end up with 25 percent or more excess space.  Thus, a targeted goal of 200 sq ft per employee might result in actuality of 250 sq ft per employee.  “Yet, in […] Read More

As reported in the Harrisburg Commercial Real Estate Review, anticipate mobile work styles …

28th June, 2013 - Posted by Jeffrey S. Weil, MCR.h, SIOR - No Comments

As reported in the Harrisburg Commercial Real Estate Review, anticipate mobile work styles and leverage mobility by: Plan for multiple generations at work; give people “environmental control;” design the workplace as a resource not a destination; incorporate sustainability into the workplace. Tweet This Post Read More

There are new major office campuses under construction in the Bay Area…

26th June, 2013 - Posted by Jeffrey S. Weil, MCR.h, SIOR - No Comments

There are new major office campuses under construction in the Bay Area.  Nvidia is planning a triangle shaped one million square foot office campus, and Apple’s circular 2.8 million square foot campus in Cupertino begs the question what about the exit strategy?  I remember campuses in the past including the one million square foot concord facility […] Read More

Adobe is building a 200,080 square foot, wing-shaped building in Lehi, Utah …

25th June, 2013 - Posted by Jeffrey S. Weil, MCR.h, SIOR - No Comments

Adobe is building a 200,080 square foot, wing-shaped building in Lehi, Utah.  The long, linear building incorporates a climbing wall and an indoor basketball court and a full gym.  There are also an acre and a half of soccer fields, volleyball courts and a plaza with a fire pit.  The building is almost all open – […] Read More

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