CASE STUDY: When a private equity firm needed temporary office space to support its expansion into Salt Lake City, The Square at the Kearns Building provided a perfect solution. With hourly, daily and monthly leasing options, our flexible coworking spaces help property owners meet the needs of today's tenants. #Coworking #TheSquare #FlexibleWorkspace THE SQ
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Canary Wharf, once a vibrant hub for commercial activities, is witnessing a notable downturn in the value of its office properties. Recent assessments suggest a staggering loss of approximately £900 million in the total value of these office spaces. This significant depreciation highlights the evolving landscape of the commercial real estate sector, influenced by various factors ranging from economic shifts to changing work trends. The substantial decrease in the value of Canary Wharf offices reflects broader challenges encountered by commercial real estate markets globally. Economic uncertainties, exacerbated by events such as the COVID-19 pandemic and geopolitical tensions, have disrupted traditional office usage patterns. Remote work arrangements, digital transformation, and shifting tenant preferences have reshaped the demand for commercial spaces, impacting property valuations. For investors and stakeholders in the real estate sector, the devaluation of Canary Wharf offices underscores the importance of closely monitoring market trends and adapting to changing dynamics. Strategies to mitigate such depreciation may include diversifying investment portfolios, implementing flexible leasing models, and exploring alternative asset classes. As the commercial real estate landscape continues to evolve, staying agile and responsive to market shifts remains essential for long-term sustainability and growth. 📉💼 #CanaryWharf #CommercialRealEstate #PropertyValue #MarketTrends #RealEstateInvestment #mrei #mayfairrealestateinstitute
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Did you know over two thirds of office lease transactions in London and the South East are for Grade A space? As many businesses continue to focus on quality workspaces, modern facilities and eco credentials rank highly on wish lists, leaving some larger properties out in the cold. Thames Valley is, however, bucking this trend, with an influx of life science labs and film studios vying for larger premises to develop into state-of-the-art facilities. Lewis Djemal, Head of Real Estate in HCR’s Thames Valley office, uses his in-depth understanding of the Thames Valley market to give expert advice on the current property market in his latest article. Read it here: https://ow.ly/YXBE50RnQQS #PropertyMarket #RealEstate #ThamesValley
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Boston's Influential Agent | Founder of The Turco Group | Global Property Consultant | Industry Speaker & Trainer
Navigating the office space needs in the vigorous Boston real estate market can pose unique challenges. Case in point: Accurety, LLC has just set up its new HQ in a spacious 6,200 sq.ft. office at 2 Centennial Drive, all thanks to skilled brokerage by Boston-based R.W. Holmes. #BostonRealEstate The success behind Accurety's leasing story is understanding and executing strategic real estate solutions. #BostonRealtor Does your company have a tailored real estate strategy fitting its unique needs? Or are you navigating the real estate landscape guessing directions? Thoughtful space utilization can be a game-changer for businesses. It can enhance operational efficiency, boost employee morale, and paint a positive image to your clients. #eXpRealty And yet, many companies, in an attempt to cut corners, bypass reaching out to experts in the field. #BostonCondo Making insightful real estate decisions can bring a sustainable competitive advantage to your firm. How about getting a fresh perspective on your company's real estate strategy? #movemetoboston For deeper insights and solutions in the Boston real estate landscape, feel free to reach out to Joe Turco at the Turco Group. Because #Boston needs the great businesses you are building. #TurcoGroup
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Houston's office market shows clear stratification by building class Dig deeper: https://lnkd.in/eYpKY7rT Houston's office market is catering to diverse tenant needs with an average lease size of 4k sf. A closer look reveals a clear stratification based on building class: 🏢 Trophy Buildings: Largest average deal size at 28k sf, commanding $50.71 psf. With 44 deals and the lowest vacancy rate of 16.6%, these prime locations are highly sought after, boasting an average lease term of 8.6 years. 🏢 Class A Buildings: 931 deals averaging 7k sf at $37.44 psf. Despite a higher vacancy of 27.3%, these spaces offer better quality with an average lease term of 5.1 years. 🏢 Class B Buildings: The most active segment with 1,836 deals averaging 2k sf at $22.84 psf. This budget-friendly option appeals to startups and smaller businesses, despite a 25.9% vacancy and 3.3-year average lease term. #Houston #Office #AVANTbyAY #AYdifference
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⭐ Connecting the best Business Support 'Heroes' to Real Estate, Asset Management, Private Equity businesses, and Private Family offices in London, the UK and internationally 🌎
📢New 'state-of-the-art' flexible workspace launches on Old Street ... "infinitSpace has confirmed a management agreement with FTSE-listed real estate firm Helical plc to launch a new 'state-of-the-art' flexible workspace site in The Bower complex in Old Street, London." 🤩🏢 ~ Bdaily News #Flexibleworkspace #commercialrealestate #hiringnow #coworking #Realestate #news
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Office Tuesday Location: The location of office real estate directly influences its desirability and value. Properties situated in prime business districts or vibrant community centers command higher lease rates and attract a diverse range of tenants seeking proximity to amenities, transportation hubs, and talent pools. Access to public transit and major highways enhances the accessibility and connectivity of office buildings, increasing their appeal to tenants and investors alike. Suburban office parks may offer cost-effective alternatives with ample parking and green spaces, catering to the needs of companies seeking a balance between urban convenience and suburban tranquility. Companies still driving to a full time office workforce in person, rather than work from home or home-based businesses, seek out these properties frequently. #realestate #business #commercialrealestate #investing #diversify #build #grow #challenge #results #service #professional #modesto #california #ca #stanislauscounty #centralvalley #investor #invest #REI #passiveincome #turlock
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As companies reconsider towering office blocks in favour of more modest headquarters and flexspaces, we look at where the opportunities lie for commercial real estate brokers https://lnkd.in/gJVNFzEV #commercialrealestate #flexspace #officespace
The changing skyline: why big businesses are diversifying their workspaces
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WeWork, once the biggest private sector office tenant in Manhattan, filed for bankruptcy and a plan to terminate nearly 70 existing office space leases including 40 located in New York City alone earlier this month. 💸 Nearly two-thirds of WeWork's current leases are in Class B properties in New York City, which are on average 96 years old, according to CompStak data cited in CNN's article, “20% of US offices are vacant. WeWork’s bankruptcy will make the problem worse.” Additionally, WeWork’s leases are more heavily concentrated in Class B buildings than the NYC office market overall, which is of concern, because many are worried about office obsolescence and falling demand in that same character of buildings. #officelease #nycoffice #wework #nyc #office #lease #manhatthanoffice #manhatthan
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SVP Global Market Development at (IWBI) - Strategic partner helping global organisations leverage WELL at Scale to support their Social Sustainability reporting goal’s.
Nucleus Office Parks, a Blackstone company: How India’s biggest real estate firm is putting people first Learn more about how Nucleus Office Parks became the first and the largest WELL at scale portfolio globally to achieve the WELL Performance Rating. #wearewell #indiarealestate #blackstone #healthandwellbeing #healthybuildings
Nucleus Office Parks: How India’s biggest real estate firm is putting people first
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Step into Success! 🚀 Excited to unveil our newly priced listing in Central Brampton—1585 sq. ft. of pure potential. Prime location, leased front office, and versatile spaces make it a dream investment. Your next chapter starts here! 🏡💼 #NewListing #BramptonRealEstate #OpportunityKnocks #NewPrice"
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