Officebroker.com is rebranding as Officio to move away from the broker model and aid clients in finding long-term solutions, rather than completing short-term goals.
Going green without spending green
Sustainable buildings can do more for tenants other than helping the environment. Statistically, employees who work in Leadership in Energy and Environmental Design (LEED) buildings are healthier, more productive and more loyal to their companies.
Business owners are becoming more willing to spend more on eco-friendly spaces. In fact, it is expected that commercial building owners will spend $960 billion in upgrading infrastructure to meet LEED standards by 2023.
Currently, there are more than 200,000 buildings with LEED certification. Many metropolitan areas of the U.S. have yet to embrace these guidelines since it’s time-consuming and costly., but building green habits in the workplace does not have to be expensive. Simply walking, biking, or taking public transportation can contribute to a more eco-friendly workplace.
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Upgrading furniture can also help companies use their space more efficiently and effectively, while maintaining day-to-day productivity.
Energy efficient lighting is also an inexpensive way to be more green, while also cutting down long-term energy costs. LED lighting typically pays for itself in about three years.
Simply put, it doesn’t have to cost an arm and a leg to become a more energy conscious building.
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JLL research revealed that Dallas-Fort Worth is ranked 12th out of the country’s top 15 coworking and flexible space markets, taking up 3 million square feet of space.
Office provider LABS has launched its 96,100 square foot flagship property LABS House in Bloomsbury, London that features coworking, offices, and full-service dining.
Cool office interiors are ideal at first glance, but looking into a company’s principles, such as gender equality and flexibility, will be the factors that retain talent.
Colliers International revealed the success of the office market last year due to high demand for coworking and tech firms, but predictions for 2019 are uncertain.
Shared office space providers as tenants have become the norm for many landlords and building owners, and now many REITs have adopted coworking as it continues to expand.
Brookfield Properties has teamed up with Convene to spruce up the 73,000 square foot Brookfield Place into a full-service events venue that accommodates up to 500 people.
Many coworking operators pride themselves on massive, rampant expansion, but some industry experts believe this growth could lead to failure and consolidation in 2019.