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Is Your Office Space Selling You Short?
When an item loses differentiation across its supply base, it becomes commoditized. You might not think of an office building as a commodity, but many suburban office buildings that were...When an item...
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4 Flexible Office Space Options for Startups
Image courtesy of WeWork Let’s say you run a startup or young company. Or you’re an established company looking to expand into a new market. You probably can’t predict how...Image courtesy of WeWork...
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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...“Chicago, the only city...
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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...
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4 Tenant CRE Myths Busted
If you’re not an insider, the CRE business can be difficult to understand. I certainly don’t understand the inner workings of every industry and often need guidance from respected professionals....If...
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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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Is It 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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Time for the ‘Burbs to Jump on the TAMI Bandwagon?
I recently posted about the tendency of office space to become commoditized. Since then, I’ve had the opportunity to explore in-depth what is popularly known as “TAMI” (technology, advertising,...
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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...Perhaps you’ve heard of the Big Mac...
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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...In May...
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US Top 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....As Q2 2016 wraps, we...
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How to Take Home the Gold on Your Next Office Lease
Just like the Summer Olympics, the opportunity to renew your office lease or relocate to a new building only comes along once every few years. And it’s an event that...Just like the Summer Olympics,...
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All The World’s A … Pokémon Gym?
Pokémon Go is literally everywhere. It’s so widespread that a growing movement in China is concerned about users stumbling across covert military installations, and there’s a Pokémon gym at...
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From Atlanta to Rio, How Do Olympic Price Tags Compare with Prime Real Estate?
With the 2016 Rio Olympics in full swing, we’ve taken a look at how the values of iconic skyscrapers and shopping malls of host cities past and present stack up...With the 2016 Rio Olympics in full...
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How to Structure a More Flexible Office Lease
Have you ever heard the expression “having your cake and eating it too”? It essentially means that you want the best of everything without having to compromise. And that’s okay....Have you ever heard...
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A New Era: The Impact of Tech/Creative Tenants on Office Leasing
You already know about the unprecedented impact the biggest tech companies in the world have had. You use their products countless times every day because they’ve made it their business...You already...
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A New Era Part 2: The Impact of Tech/Creative Tenants on Office Leasing in...
The “new era” tech and creative companies—defined for our purposes as firms that have come online in the past 20 or so years, and have grown at substantial rates while...The “new era” tech and creative...
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Is There Really Such a Thing as Free Rent?
Free rent, or rent abatement, is a common and widely sought-after concession in most commercial office leasing transactions. And it’s almost exactly what it sounds like: rent that you don’t...Free...
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A New Era Part 3: The Impact of Tech/Creative Tenants on Office Leasing in...
The “new era” tech and creative companies—defined for our purposes as firms that have come online in the last 20 or so years, and have grown at substantial rates while...The “new era” tech and creative...
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