Technology in commercial real estate and, more specifically, commercial office buildings has been making its presence felt for decades. That is, of course, if you owned, managed, or leased these properties.
Welcome to PropTalk, a series on our blog where we interview the most influential and prolific thought leaders in the commercial real estate tech industry today. Know someone we should feature? Email me at katie(at)hqo.co. Otherwise, sign up for our once-a-week newsletter so you never miss a PropTalk again.
We frequently discuss and debate with our landlord partners the importance of office amenities and the overall value of creating a positive office UX for tenant engagement and retention. So, of course, we have heard and seen it all when it comes to amenities.
A recent study from Colliers International recommends that commercial office owners should, as a baseline, allocate approximately 10% of their rentable square footage to amenities. For those who are trying to attract highly south-after tenants, they should reserve 12% or more.
Welcome to PropTalk, a new series on our blog where we interview the most influential and prolific thought leaders in the commercial real estate tech industry today. Know someone we should feature? Email me at katie(at)hqo.co. Otherwise, sign up for our once-a-week newsletter so you never miss a PropTalk again.
Next up in the #LoveWhereYouWork series: The District in Burlington, MA by National Development. We're very excited to be working with National Development to ensure that their tenants have the best possible workplace experience and are able to interface with the property, amenities, and experiences through our mobile app.
Commercial real estate tenants have reached a new measure of expectations and demands for office amenities. It's difficult to pinpoint one specific time when this shift took place, but it's become very clear that the office market has moved away from cutting costs to deliver the cheapest space possible. Instead, landlords offer the most differentiated space possible with amenities, experiences, and technology that sets them apart from another office or coworking space in their neighborhood.
Coming to you live from the lobby of my hotel in San Francisco, a day after another great event by Michael Beckerman and the team at CREtech. It's been a whirlwind week – it was great to catch up with folks and we met so many new faces throughout the week and at our booth.