Emily Roman’s Post

According to this Cushman & Wakefield study, focusing on office experience is paying off; absorption in buildings with tenant lounges has been positive, with occupancy increasing by 11.3% since 2020. The average asking rents are also 33% higher than the surrounding submarkets. It's clear: creating engaging workspaces matters. If you're interested in exploring how to best amenitize your office building, connect with us today. #lulafit #realestate #commercialrealestate #amenityconsulting #CREinsights

A recent Cushman & Wakefield analysis of the largest 2022 office leases indicates that occupiers are disproportionately attracted to highly amenitized buildings. On average, the buildings where the largest leases are being signed have 14 different amenities available, and those that have been built or renovated in the past three years feature even more (17 different amenities). In particular, tenant lounges and amenity floors have grown more common as owners and occupiers have been looking for ways to create social spaces for employees and ways for tenants to comingle. Read more about it in >> What’s Old Is Now New Again: Turning Obsolescence Into Opportunity

There’s strong demand around the country for turn-key solutions and building owners are responding, delivering quality spaces to the market. Occupiers actively seek modern buildings and better amenities to help draw staff back to the office, attract talent, foster collaboration, and promote well-being. Click below to learn more. #BayleysWorkplace #BayleysCommercial #CommercialPropertyforLease #OfficeLeasing #LeasingOpportunities #BayleysInsights

Great insight into the Charlotte office market! Despite the pandemic, Landlords have found success in leasing space in Uptown and across the city. The cost to build out space has significantly increased since the start of the Pandemic, making it difficult for Tenants to justify burning their cash on out-of-pocket expenses, like the cost to construct office space. This is where spec suites come in, offering first-class finishes and flexibility without the need for costly construction their spaces. With companies still refining their workplace strategies, spec suites provide a great option for tenants actively in the market. And with no sign of the cost to build out space cooling off, this trend is likely to continue. #tenantrepresentation #commericalrealestate #occupierservices #charlotteofficemarket

Contrary to common belief, not all office properties are experiencing high vacancy rates, as certain buildings continue to maintain solid occupancy levels. The flight-to-quality movement is reshaping the market, with tenants increasingly prioritizing premium spaces with modern amenities. Explore how this trend is driving demand and reshaping the landscape for office real estate in Chicago. For commercial real estate and lease negotiation advice, contact Steve @ (312) 840-9002 #ChicagoOffice #RealEstateTrends #OccupancyRates #FlightToQuality #OfficeSpace #ChicagoBusiness #OfficeTrends #ChicagoRealEstate #TranswesternData #CommercialRealEstate #WorkspaceTrends #PropertyMarket #OfficeLeasing #CREInsights #UrbanDevelopment

#Hybrid work and rising office vacancy is pushing landlords and tenants to rethink the #office space. I found this article interesting where BGO is rethinking “office of the #future” and launching MIRO, premium “Move In Ready Office” space. Features: -Premium aesthetics and customizable modular design to meet immediate and evolving needs -Fully furnished, fully wired, artwork -Communal tenant amenities: townhall space, wellness centre, food options, etc -High touch tenant consultation process to identify needs and wants -Suite sizes: 1,000 sf to 18,000 sf -Lease lengths: varied -Locations: NYC, San Fran, Boston, Chicago, Washington Could this work in Toronto?

Check out examples of properties that have positioned themselves as state-of-the-art Class A buildings, providing amenities and unique tenant experiences that are motivating employees to want to be in the office. #returntooffice #returntowork #officedesign #office #amenities

https://lnkd.in/dTkQxrqt changing #office landscapes more #hybridwork means more interaction between #urbanamenities and #officework #environments even the retail strategy for office building groundfloors have changed: creating attractive service supply is key to retain tenants.

Discover why fully fitted office spaces are a game changer for landlords 🏙️ In our latest blog, we delve into how these turnkey solutions can speed up leasing, attract high-quality tenants, and command premium rents. Learn the secrets behind creating versatile, stylish, and well-being-focused workspaces that stand out in a competitive market. #DesignTonic #Officedesign #commercialrealestate #Fittedoffice #Landlordinsights #Workspacedesign

Great insights into how the office space is adapting and fitting the new needs of people.