Half way up the Promenade II building, in the heart of Atlanta, Georgia, sits the office space of Uzun + Case, a successful structural engineering firm. This unique space consists of 13,500 square feet of sweeping views of the Atlanta skyline, and was noted in the Atlanta Business Chronicle as one of the coolest Atlanta… Read More »
When the architecture firm HKS, Inc., moved into the top floor of Atlanta’s Peachtree Tower, they were taking advantage of the recession to acquire top notch space and great views at less-than-stellar prices. When they set about their interior design work, they set their sights on a LEED Gold certification, which helped them save even… Read More »
William Penn, the architect of the Philadelphia province, was extremely disillusioned with the crowded cityscapes he found in so many European cities during the 17th century. Therefore, when he served as the primary designer of the new province in 1681, he made certain that the streets were wider and that the living plots offered ample… Read More »
According to some experts, Seattle is an excellent place to experiment with innovative office space configurations and new priorities. With its relatively high cash flow and youthful work force, there is both the money to experiment with and employees who are more open to innovation. The culture in Seattle is also more informal and egalitarian… Read More »
In Chicago’s West Town area, a former stove manufacturing building has become a hot spot for experimentation with innovative office space. The Universal Building is now home to some innovative Chicago office spaces. The employees at Kaleidoscope, an integrated brand design and realization agency, must work in a collaborative fashion in order to achieve their… Read More »
Unfortunately, the air temperature is the only thing that is hot related to Honolulu office space. Although, according to our local OfficeFinder rep the Honolulu office space market is beginning to hold its own: “After two quarters of negative absorption, Honolulu’s office market registered slight positive absorption in the 4th quarter of 2013 to keep… Read More »
A recent report from JLL identified the 5 hottest Class A submarkets within the Houston Office Space Metro area. In addition, CBRE reports that office absorption growth has been steady in Houston. “IN TEN OF THE LAST ELEVEN QUARTERS, THE MARKET HAS SURPASSED THE 900,000 SQ. FT. NET ABSORPTION MARK, WITH SIX OF THOSE NINE… Read More »
The NAR just released 10 Things to Know about the Latest Employment Data which included some good news for the office space market. “From the worst of the recent recession a few years ago, nearly 8 million jobs have been added. Recall, however, during the recession that 8 million jobs were shed. Not yet a… Read More »
Lawrence Yun, the chief economist at the National Association of Realtors recently reported that the “Growth in commercial real estate sectors continues at a moderate pace from a very slow pace of absorption, despite job additions to the economy. Companies appear hesitant to add new space.” The good news is that the pace of the… Read More »
Technology is changing the world we live in and the way we work. It is allowing much more flexibility in where and how we work. The Millennial, Gen X and Gen Y generations, now in the workforce, have grown up in the digital age and have very different work / life requirements that have been… Read More »
Perched on the southwestern shore of Lake Michigan, Chicago, nicknamed The Windy City, is home to nearly three million residents, making it the third most populous city in the U.S. Chicago started as a trading post and later was incorporated as a city in 1837. In 1871, The Great Fire claimed the city, due in… Read More »
Nicknamed the “Capital of Latin America”, Miami is the second largest city in the United States with a Spanish-speaking majority. During the rise of Fidel Castro in Cuba (1959), many Cubans sought refuge in Miami, increasing the population. Miami’s metropolitan population grew from one thousand to nearly five and a half million in the years… Read More »
In a recent quarterly commercial real estate forecast from the National Association of Realtors, they are predicting that the office space market in the US will see only slight improvement over the next year with a small, .2%, reduction in the office vacancy rate and a modest 2.5% increase in rental rates. Specifically, here is… Read More »
The most populous city in the state of Georgia, Atlanta originated as a railroad town in 1837, and has had a rich history ever since. The city became a distributor of military supplies during the Civil War because of its railroad network. This is the same reason that the capital was moved there in 1868,… Read More »
As the capital of Texas, Austin is the second largest state capital in the United States, and the fourth largest city in Texas. Located in central Texas, Austin became the capital city in 1838, when it was moved from its original location of Houston. Citizens of Austin, known as Austinites, enjoy a diverse lifestyle, culture,… Read More »
According to OfficeSpace.com’s recent market report , office space in Seattle and the vicinity is still somewhat weak with an overall office vacancy rate of 15.6%. Even the Eastside, with all of it’s tech firms, has a vacancy rate of 16% when the sublease space is taken into account. As we are slowly coming out… Read More »