Articles About Office

Our company was pleased this Spring to announce a 101,900 SF corporate headquarters for Nextiva, Inc., one of the nation’s largest business communications companies.

Investors and tenants are looking at mid-rise office buildings as the “future of office investment.” But what advantages do mid-rise offices provide investors that high-rise office building do not?

What does the changing of the guard within America’s workforce mean for the office market? Firstly, the retirement of the largest generation in history – the Baby Boomers at 80 million – has caused some to resign themselves to the fact that we will be needing less office space. But the reality is more complicated because people are working into their retirement years: the raw numbers say that, as of 2016, nearly 9 million people aged 65 or older were still on the job.

The race is on for companies looking to attract young, talented employees. According to a recent study, Millennial workers place more value on a potential job’s location and amenities than young workers have in the past. No longer are recent college graduates simply content with moving to wherever they can find steady employment. This has led to an interesting development in the world of commercial real estate, as companies are beginning to develop their office spaces and move their corporate headquarters to more desirable locations to Millennials.

Co-working spaces are all the rage in commercial real estate this year, and recent studies show that this trend is not likely to slow down anytime soon.

We've all heard the term "branding" but for most of us it’s seemed like just another name for the familiar business of marketing.

There is roughly 55m SF of office spec and construction nationally at a time when the vacancy rate has dipped to 15.2 percent. Seems like a lot until you consider past recessions. Robert Bach, Director of Research – Americas, for Newmark Grubb Knight Frank offers an interesting look at the building boom that caused the […]

Chicago’s high-tech community wants to lure the area’s start-up companies back to 1871 — the year that the Chicago Fire burned the city to the ground.  1871 is the name of a 50,000 SF space on the Merchandise Mart’s 12th floor designed to house entrepreneurs seeking a collaborative and flexible work environment.  The name reflects […]

Here’s a little news to buck up the real estate mavens weathered by the daily diet of recessionary news: Google has signed the largest lease in downtown Chicago in 7 years. It is a familiar story – a marquee firm relocating downtown because of the hip, cosmopolitan appeal and amenities of a CBD — but […]

In what may be the largest-ever Manhattan office lease, Viacom, Inc., has committed itself to remaining a tenant in SL Green Realty Corp.’s 56-story, two million SF 1515 Broadway through 2031,  Viacom is the company behind major cable networks such as MTV, Nickelodeon and BET.  The media company will expand into 1.6 million SF, which […]