As large corporations like Amazon, JPMorgan, and AT&T bring employees back to the office full-time, a new trend in workplace design is gaining momentum. What initially seemed like a potential solution to the growing number of vacant office spaces in cities around the globe—the push to fill these spaces—has led to an unexpected shift. Rather than opting for available office buildings, many companies are choosing to invest in higher-end, premium office environments. This growing trend, referred to as the “flight to quality,” is reshaping the commercial real estate landscape.
How do you calculate the amount of space your company needs? Determining the amount of office space your company needs involves considering several factors. Here’s a step-by-step guide to help you figure it out:
We’re proud to be named a #2024GreenLeaseLeader at the Platinum level by the Institute for Market Transformation and Better Buildings for a Team Transaction completed with ICICI Bank and Dream Office REIT at 366 Bay Street.
We're excited to share some news with you! Through Helloart, our very own Carolyn Laidley Arn's captivating artwork is currently on display at 20 Adelaide Street E, where she, along with Andrew Baker and Jim Russell manages the entire office leasing portfolio on behalf of the Landlord. We highly recommend that you take the opportunity to visit this exhibition which will be up until May 27, 2024.
In the 1980s, warehouses typically had 20-foot clear heights, but today, newly constructed Class A distribution centers are between 32 to 36 feet, enhancing warehouse capacity by 10 to 25%. This shift will likely lead to price discrepancies between different clear height options, prompting a need for pricing adjustments in the market.
In the latest episode of the Northwest Healthcare Properties REIT saga, the boardroom gets a refresh with new players Robert "Bobby" Julien and Graham Garner stepping onto the scene.
