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Forget the Man on the Moon. What About the Man in the Office?
As 2015 rapidly comes to a close, one can’t help but be in a reflective mood. From a tech perspective it’s been quite a busy year. It began with a bang with the launch of the Apple Watch – another leap...
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Bengals, Broncos and… Office Markets?
Perhaps you’ve heard of the Big Mac Index to measure currency valuation and the Pizza Principle to index the cost of a subway ride in New York. Well, we’ve got a thing for pitting CRE markets against...
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Four Things to Ask When Renegotiating a Lease
Have you ever tried to renegotiate your office lease but you were unsure what to ask for? Maybe you thought that because you were an existing tenant, you didn’t have the right to ask for the same...
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From Ashes to Opportunity: The 8 Mile View on the Detroit Market
The revitalization of downtown Detroit shouldn’t be ignored when evaluating long-term commercial office investment opportunities. While the turn-around is still very much a work in progress, this...
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Four Essentials for Collaboration and Innovation
Almost every client I meet with wants more collaboration and innovation in their company. They say “we need to break down silos, be more collaborative and be innovative. To survive in our business...
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Keeping Score On Connectivity in Commercial Real Estate
Every tenant has a list of non-negotiable features and amenities that apply when looking for new space. As markets evolve and paradigms shift, those lists grow with them. While things like climbing...
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Did You Feel That? There’s a Shake-up in the Bay Area.
Are we starting to feel some tremors in the once-unshakeable San Francisco Bay Area tech market, or are we seeing a healthy recalibration? Figures from PwC/NVCA MoneyTree based on data from a Thomson...
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Let’s Talk About Activity Based Working
Activity Based Working (ABW) is a flexible workplace that offers a variety of work settings, each supporting different activities. People are free to choose the most appropriate setting for the task at...
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While it might not seem like an obvious connection, large office developments need thoughtful retail space to thrive. Filling office space is key, but the retail space shouldn’t be an afterthought....
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How Do You Measure Success?
One of the things that intrigues me about the discussions around new ways of working is how you measure the success of a workplace project. Whether its Activity Based Working, Agile Working, Flexible...
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How Coworking and Flexible Workplaces Are Impacting NYC Office Space
WeWork. Regus. Serendipity Labs. LiquidSpace. These are just a few of the names that have staked their claim in the coworking landscape. With coworking and a desire for flexible workplaces on the rise,...
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Subleasing Space May Be Just What the Doctor Ordered
During market downturns, mergers and acquisitions, and cost cutting—or even an early retirement—many tenants find that they have more office space than they need. Although this applies to tenants in...
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Looking for Office Space? Get These Pros in Your Corner
Most business owners don’t relish the idea of looking for office space. It can be a daunting task, especially if you’ve never gone through the process before. Thankfully, there’s no shortage of...
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Chicago: Losing Residents, but Gaining New Ground?
“Chicago, the only city among the nation’s 20 largest to see population loss in 2015, could be overtaken in a decade by Houston as the third-most-populous city if the trend continues.” (Chicago Tribune...
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How Impending FASB Changes Affect Your Real Estate
Companies are beginning to prepare for the recent Financial Accounting Standards Board (FASB) decision to alter the way leases are accounted for on financial statements. It has been my experience that...
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Philadelphia’s Next Wave of Development
Construction and development activity in and around Center City Philadelphia is robust. High profile projects like the highly anticipated Schuylkill Yards, FMC Tower at Cira Centre South, and Comcast’s...
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The Unexpected Result of the Tech Explosion and Suburban Migration to...
McDonald’s is the latest in the string of high-profile moves from the suburbs to Chicago’s Central Business District (CBD), following in the footsteps of Motorola Solutions, Kraft Heinz, Hillshire...
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Time to Teach that Old Property Management Dog Some New Tricks?
Property management is constantly evolving. New technologies push the envelope of what can be accomplished with regard to occupant comfort, energy conservation, and space use while the regulatory...
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How to Successfully Transition Out of Co-Working Space
In May 2012, Chicago co-working space 1871 opened its doors on the 12th floor of the Merchandise Mart. The funky 50,000 square-foot hub for tech entrepreneurs was a real estate experiment of local...
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US Top 10 Office Metros Snapshot Q2 2016: Tenant Demand Remains Solid
As Q2 2016 wraps, we take a look at the top 10 office metros from around the United States. The biggest takeaways? Rental rates increased and vacancies declined in most markets. And professional...
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