Companies interested in leasing, subleasing, purchasing or selling office space in the Bay Area

trends

Intel: enhancing the office environment

Intel has a short online video showing how tech can enhance the office environment. It starts where an app tells the driver what parking spaces are available, sensors scan the employee, allowing access through security, the smartphone telling you which desk is yours for the day (or hour), and on and on. A little scary…

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Employees’ wants

Employees increasingly want a voice in how their work environment is designed. No longer a top-down, one size fits all dictated by the C-Suite, workers want a say in whether they sit at benches, workstations, have small private pods or mini-offices, couch seating for informal meetings, etc.

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The larger firms’ perks

The larger firms can offer employees a wide range of work environments, giving their employees a choice of open space, private office ‘pods’, working lunchrooms, small privates collaboration areas and more. However, the bulk of American businesses are in the under-5,000 square foot category and may be limited by the amount of space leased in…

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Facebook is working on an expansion

Facebook is working on an expansion of its’ Menlo Park campus to include 1.75 million square feet of offices, 1,500 housing units, 125,000 sf of retail space as well as a cultural and visitor center. This Willow Campus will be open and accessible to the community. (Bay Area News Group, July 7, 2017)

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A higher job growth rate in the East Bay

The East Bay is expected to see a higher job growth rate in 2017 as compared to San Francisco, San Mateo, and Santa Clara County, according to Beacon Economics, due to the cost and shortage of housing in the other two counties as well as a lack of skilled labor. (Bay Area News Group, July…

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2017 OFFICE SPACE LEASING RESOURCE FOR NORTHERN CALIFORNIA TENANTS. ALL RIGHTS RESERVED.
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