The leasing process for office and industrial space occupiers can be time consuming.
Tenants can lease space from landlords from a position of strength, or conversely, with an absence of leverage - a position of weakness. When engaged, a professional Tenant Representative will use their knowledge of the market and the dynamics involved to establish the most favorable terms and conditions for tenant-clients.
We all know staff turnover is part of running a company— it goes with the territory. We also know employees stay at a company for reasons other than money. Continued training, advancement opportunities, the mission of the firm, coworker relationships, and the vibe/culture of your company are all part of their decision matrix.
What are the magic ingredients that help retain your employees?
Twitter’s New York City headquarters totaling 200,000 square feet has been listed for sublease with CBRE. The latest move is in line with recent cost-cutting decisions enacted at the social media giant.
Security Technology firm Kastle Systems “Back to Work Barometer,” based on anonymous keycard data from clients’ office properties in 10 large U.S. regions, rebounded from the previous week’s 45.6% average but stayed below the peak 50.4% reached in the week ended Jan. 25.
What does this mean? It means that in many large cities, especially urban cores, only half of all employees are actually in the office at any given time.
We are advising our clients seeking office and warehouse space to begin the search process a minimum of 9 months in advance of a target move date, and in some cases even longer out than that.