Browse Tag: Office Space

Commerical Real Estate News Roundup For May 13, 2015

Crowdfunding continues to catch on, mall re-designs may be a new national trend, CRE investor dollars are targeting the Midwest, industrial development booms.  It’s all here in the Commercial Real Estate roundup for May 11, 2015.

It’s all here in the latest Commercial Real Estate News Roundup for January 14, 2015. – See more at: http://www.investmentpropertyofcharleston.com/2015/01/14/commercial-real-estate-news-roundup-for-january-14-2015-3/#sthash.6CoSTKPI.dpuf

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A Whole New Meaning For “Office Drone”

Once upon a time, the term “office drone” made us conjure up images of the guy from three cubicles over who keeps handing in his TPS reports late.

But because we’re now living in the era of unmanned aerial vehicles — and because we’ve got office square footage to lease — the entire concept of “office drone” has gotten a serious makeover.

Today’s clip is the in-flight video capture of a radio-controlled vehicle’s tour of a large office space in Orlando.  The “drone” vehicle: the AR Quadricopter.  The video tour: an excellent overview of a raw space, its lighting and views. Usable as part of a sales package in its unedited video form (or even more effectively with time-compression video editing), this kind of fly-through video is packed with descriptive power.

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Healthcare And Banking: The Business And Office Space Parallels

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At April’s Healthcare Real Estate Conference in Chicago, the panel on “Strategies In Medical Office Space” included notable comments from Michael Noto, SVP Management Services Group at Healthcare REIT.  Since the REIT space is where a property business sector overlaps with finance, it’s a great place to find important perspectives on history and the trends either supported or broken by that history.

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Office Space Classes: How Do You Know What Class Your Property Is?

Class A?  Class B?  When it comes to office space, what’s the difference?

Turns out it’s pretty informal, inconsistent, and has more to do with market reporting than characterizing individual properties.  It’s an old problem in real estate information handling: when you’re describing a single property, you aren’t describing a wider area, trend or factor.  It also holds in the reverse: information about markets by its nature depends on summaries, means and averages when being put together; these summaries don’t often work well as ways to differentiate properties.

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BOMA’s Henry Chamberlain Spells Out What’s On The Minds Of Owners

Affecting the commercial property market is the comfort level of building owners.  Nervous landlords add to deal volume and help to bridge the gap between bid and ask.  But what’s going through their minds? Answering is BOMA’s Chief Operating Officer Henry Chamberlain, who sees more uncertainty than he’d like.  In an interview following BOMA’s annual legislative conference that found the owners’ trade group pursuing an agenda concerning issues such as carried interest taxed as capital gains, ADA remedies, energy and leasehold depreciation, Chamberlain chalked up the murky waters for owners to finance on the debt side, the regulatory environment, and the leveraging of technology and its expected tendency to suppress demand for traditional office space of the future.

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Finding And Renting Shared Office Space: Monitoring The Trends In A Growing Market

Cover of "Office Space (Special Edition w...
Cover via Amazon

When Patricia Lynne, CCIM addressed a commercial audience at NAR’s annual conference in 2011, she talked of a radically shifting office space marketplace.  She saw the common cubicle-farm concept of office space rapidly falling out of favor with the youngest office workers.  The millennial generation are used to high mobility, high connectivity and knowledge work, and the cube farms across the country just weren’t set up with these things in mind.

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Tomorrow’s Office Workers And Their Spaces: Patricia Lynne At NAR Annual 2011

What’s coming tomorrow?  Wouldn’t we all like to know?  That was the message at the jammed  NAR 2011 Annual session “Views From The Frontier Of Commercial Real Estate.”  What will we be doing in our offices?

Well, never mind traditional offices.

“Hold up your smart phones,” said Patricia Lynn CCIM, speaker and principal of consulting firm Lynnk.  “These are the office of the future.”

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