Top Ten Midwest Conference & Convention Centers

Posted on January 24th, 2023

people spectating at a midwest conference center on Offices.net

The Midwest region of the United States is home to some of the most impressive and versatile event spaces in the country. Whether you’re planning a large corporate conference, a small business meeting, or a full-scale trade show, the Midwest has something to offer for everyone. In this post, we’ll be highlighting the top ten Midwest conference and convention centers that will be sure to impress your attendees and make your event a success. From state-of-the-art facilities with stunning architecture to versatile and modular spaces, these centers have it all. So, without further ado, let’s dive in and explore the best conference and convention centers the Midwest has to offer!

The Full List

McCormick Place

With more than 2.6 million square feet of space, McCormick Place is one of the largest conference venues not only in the Midwest, but in North America. The venue is located 3 miles away from Chicago’s Magnificent Mile, and can be easily accessed from the downtown area and from O’Hare and Midway airports. 

McCormick offers conferencing and convention space in four buildings, which are interconnected for the convenience of visitors. The venue can accommodate assembly-style seating for 18,000 people, and additionally offers a 10,000-seat arena, three theaters with a capacity of 300 seats each, and a large theater that sits more than 4,000 attendees.

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New York Central Business District

Posted on January 9th, 2023

New York City’s Central Business District is the largest of its kind in the United States and is one of the world’s most prosperous and resilient business hubs. Although there are several designated business districts in New York, the city’s primary Central Business District (CBD) refers to the area consisting of Midtown and Downtown Manhattan. This area has been an influential economic and financial center since the 19th century, mainly thanks to the presence of the New York Stock Exchange and other important financial institutions.

Key Facts & Figures

The CBD consists of three sub-districts: Midtown, Midtown South, and Downtown, which are further divided into 18 submarkets. 2022 data from the NY State Comptroller shows that the city is home to more than 250,000 registered businesses, including 43 S&P 500 corporations.

The CBD has more than 617,000 residents and local companies provide employment to 1.5 million people.

NYC attracts more than 30 million visitors per year, including leisure and business travelers. Visitor numbers are projected to exceed 70 million by 2025.

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Get Creative with These 11 Fresh & Fun In-Office Event Ideas

Posted on December 23rd, 2022

Fun office events are a great way to improve team cohesion and general workplace wellbeing, all while building a sense of belonging amongst employees. These events can also be an opportunity to develop interpersonal skills and further instill your company’s values, particularly when they align with your overall ethos. A great example of this would be a wellness brand opting to take employees through a guided meditation or in-office yoga session.

Despite the recent rise of remote and hybrid work schedules, there is still a lot of importance placed on engaging staff through team building and promoting happy and inclusive work cultures. However, it’s important to note that best practices have shifted somewhat in recent times – away from standard corporate event ideas like Friday night work drinks or team lunches and towards more inclusive, diverse activities. 

So, to inspire a packed calendar of enjoyable and engaging office events for your teams in the new year, we’ve curated a list of fun office events that stray away from tired and low-effort happy hours. 

Hopefully, a few of these ideas can make an appearance in your office’s social calendar and, after their success, be recurring events that your employees will continue to look forward to during their many years of tenure. Looking for some fun corporate event ideas for your office to implement? 

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The Top 15 Benefits of Coworking Spaces for Remote Workers

Posted on December 8th, 2022

If you’re a remote worker, you know the importance of finding a good workspace. While home offices or public spaces can be great places to get work done, they often lack the necessary tools and facilities to help you be at your most productive. That’s where coworking spaces come in. Coworking spaces offer all the benefits of traditional office spaces, without the limitations of long lease terms. For a relatively low cost, coworking spaces provide remote employees with an oasis of productivity from which they can network, complete tasks, or even launch entirely new entrepreneurial endeavors, all whilst working alongside others and bouncing ideas off like-minded people.

A recent study by Zippia shows that, as of 2022, 66% of U.S. employees work remotely in some capacity, with roughly 36 million people expected to be working remotely across America by 2025. Moreover, this same study outlines that 16% of companies in the U.S. are fully-remote, a number that is expected to increase in years to come.

The many benefits of remote work are wide-reaching, including improved work-life balance, less stress, and reduced absenteeism. However, 50% of remote workers have reported feeling lonely at least once per week, with issues of isolation and a general disconnect from workplace culture becoming hotly debated talking points in the modern business world.

Serving as a vital piece of the puzzle that is the future of work, coworking spaces present a number of excellent benefits for remote workers and entrepreneurs struggling with working from home. In this article, we will be exploring 15 of these benefits, hopefully allowing you to determine if coworking spaces are right for you!

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Where are US Citizens Living & Working After COVID?

Posted on November 30th, 2022

The impact of the pandemic can still be felt on multiple fronts, almost three years after its emergence in early 2020. One of the most noticeable of these impacts has been the proliferation of remote work and its influence on where people choose to live and work. Not so long ago, most people chose where they lived based on where they worked or where their industry was focused. Fast forward to the end of 2022, and it’s no longer as cut and dry as it once was. 

In recent years, large cities and their suburban rings have lost some of the appeal that previously allowed them to attract employees and homeowners. Today, the rise of remote work and the decentralization of talent that it provides has given way to a surge in demand for both residential and commercial properties in areas that had previously flown under the radar.

Some pundits are saying that these changes are here to stay, so the question is – where are people living and working in a post-pandemic United States?

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A Full Guide to LEED Certification

Posted on November 15th, 2022

Sustainability practices and green buildings are more popular than ever, making a strong LEED rating extremely desirable to both building owners and prospective occupants. In this blog post, we’ll take a closer look at what the LEED certification system is, why it matters, and some of the benefits you can expect from going through the certification process. 

What is LEED Certification and What Does It Stand For?

If you’re unfamiliar with the term, LEED certification is a stamp of approval from the United States Green Building Council (USGBC) that signifies that a building or renovation project meets their high standards for environmentally friendly and sustainable construction. The acronym LEED stands for Leadership in Energy and Environmental Design. To receive LEED certification, a building must score points in several different categories, including water usage, indoor air quality, energy efficiency, reduction of waste, and material selection. In addition, the building must also meet a minimum threshold for overall energy efficiency. While the standards for LEED certification are relatively high, the benefits of certification are significant. Buildings with LEED certification often enjoy lower operating costs, higher rents, and increased market value. As a result, the number of LEED-certified buildings has grown rapidly in recent years, as more and more developers seek to cash in on the green building boom.

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A Full Guide to Commercial Lease Assignment (Lease Transfer)

Posted on November 8th, 2022

assignment of lease agreement stamped with a red CONFIRM mark

Dealing with a fixed-term lease agreement and looking to move offices or downsize? The topic of commercial lease transfer can be confusing to navigate, particularly when you are unsure of your rights and obligations under the lease.

If you’re renting a commercial property, you signed a contract at the beginning of your tenancy called a lease agreement, which contains all the details of your rights and obligations while occupying and conducting business operations at the commercial property. Your agent is required by law to give you a copy of the lease agreement if you don’t already have one.

The following article will serve as a full guide to commercial lease assignment, providing business owners with an overview of the legal considerations and elements required for an assignment of lease.

What is a Commercial Lease Assignment?

Also known as a lease transfer, a commercial lease assignment involves a tenant transferring all of their interests and rights in a lease to a new party. This new tenant will take on the responsibilities of the existing lease, including rent and any other obligations, leaving the original tenant free to exit the agreement.

Commercial lease assignment often occurs when tenants want to leave their commercial property prior to the end of a fixed-term agreement. This often happens when a business quickly needs to upsize or downsize their space, move to a new city, or go out of business.

State law dictates whether tenants require their landlord’s consent prior to transferring a lease or subletting a part of their space. However, most lease agreements will clearly outline full transfer provisions prior to being signed and, whilst it is possible for lease assignment to be forbidden, the vast majority of agreements allow for transfers.

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Miami Office Market Report | Q2-Q3 2022

Posted on October 28th, 2022

Even though Florida’s office sector held strong during the pandemic, some investors are now feeling cautious as a result of geopolitical tensions, inflation, reduced spending, and rising interest rates. Despite the cooling sentiment, vacancy rates for commercial spaces are continuing to decrease across the State, especially in the office market. Fuelling Florida’s continued market positive is an overall increase in jobs, combined with low unemployment rates and generally favorable business conditions.

Market Highlights

Asking rates in Miami Beach have increased significantly, with some offices costing more than $120 sq/ft. On average, however, actual rental prices for this premium market are much lower, at roughly $70 sq/ft.

Additionally, the vacancy rate for Miami Beach is relatively low at 12.7%, just behind Brickell and Wynwood. Consequently, there has been a recent uptick in development activity driven by those looking to take advantage of the favorable conditions. Some notable projects include 1177 Kane Concourse (101,000 sq/ft) and Terminal Island Office Project (161,000 sq/ft), slated for delivery in 2024.

Already fully leased, the premium 830 Brickell development is expected to be completed by the end of 2022. The last few leases were signed at $120-$150 sq/ft, highlighting the value that tenants place on amenity-rich, Grade A+ office space in the center of Brickell.

Hybrid Gaining More of a Foothold

It’s also clear to see that companies in Miami are now more open to the idea of hybrid working models, something which has risen in prominence ever since the COVID-19 pandemic. Office providers are racing to meet demand for hybrid-conducive workspaces. Highlighting this, The Industrious is planning to open a 27,000 sq/ft coworking space in Downtown West Palm Beach, adding to their existing location in Brickell. This is just one example of the numerous office spaces across the city looking to cater to hybrid workforces and take advantage of growing desire for agile, flexible workspace.

Setting a Healthy Example Amongst Other Major Markets

Miami’s office market is experiencing continuous growth, with new and existing businesses taking advantage of the low taxes, enviable weather, and quality office spaces that the area provides. Quarter-to-quarter demand has been high across the Miami CBD, an area which has seen some of the lowest vacancy rates in the country since 2021. Wynwood saw a 5.2% decline in vacancy from Q2 to Q3, with this trend expected to continue in the months ahead as major tenants, such as PwC and Mindspace, begin to occupy their offices.

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Here’s the Average Office Worker Salary by Age in 2022

Posted on October 13th, 2022

Median Salary vs. Average Salary: How Much are Office Workers Really Paid?

Given the renewed relevancy of the office as a working environment, we believe it is a prudent time to examine how much the average American office worker earns, by age. 

Median and average salary figures are both commonly used when exploring fair compensation in the workplace. Average salary data is determined by adding together all salaries earned by a particular group and dividing this figure by the number of people in the group, whilst median salary data is derived by arranging salaries from low to high and selecting the midpoint. A lot of people refer to these terms interchangeably, however, most prefer to compare salaries against the median wage – as it isn’t as impacted by the dramatic ends of the spectrum.

It’s important to note that averages vary dramatically depending on geographic location, with professionals in a high-cost city like San Francisco generally having a higher pay range than those in South Dakota. Differences in median salaries seen between cities often comes down to levels of local job demand, State tax rates, and overall monthly expenses including cost of living. The highest salaries are typically found in locations with a high-concentration of people with advanced degrees.

We’ve broken down our investigation between the most popular office jobs and the best paid office jobs, allowing you to weigh up your role and experience against US averages. Additionally, by reading on, you may find yourself inspired to chase some of the higher salaries for your age and experience!

Why is Age an Important Consideration When Examining Salary?

We feel the age qualifier is an important distinction to take into account, as a worker’s age usually correlates to their experience and how much they can earn. Jobseekers and those already in roles should be aware of the kinds of salaries their age and experience commands – to make better informed decisions about whether to accept an offer, push for a raise, or quietly celebrate their higher than market-rate remuneration. Knowing how your salary compares to the average essentially allows you to determine whether you’re being paid a good salary for your education level, age, and job title.

All current salary figures compiled below comes from reputable sources such as the Bureau of Labor Statistics, Salary.com, PayScale and Salary Explorer.

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Mid-2022 Las Vegas Office Market Report

Posted on September 21st, 2022

The Las Vegas commercial real estate (CRE) market has continued its recovery and stabilization since emerging from the pandemic. Positive signs for Q2 2022 include reduction in vacancies, positive net absorption, increased asking rents, and the delivery of two projects adding 188,909 square feet (sq/ft) office space to the market.

Strong pre-leasing and inquiry numbers for planned and under-construction projects, along with a rise in companies looking to the Las Vegas Valley to expand or relocate operations entirely, round out the positive sentiment currently seen in the market.

For office product in particular, Las Vegas saw a Q2 of mixed results. On the back of some notable expansion in Q1 2022, Southern NV’s office market has appeared to cool at mid-year. Investment prices reached record levels, however, vacancy rates edged higher. The Southwest submarket continues to see rising rents and additional leasing activity as tenants continue to funnel to this historically popular region. 

There are currently 4,660 CRE spaces for lease in Las Vegas, amounting to 41.5 million square feet of space. Out of the 1280 commercial buildings available for sale, 505 have been leased in the past month, with 12 new listings coming onto market at time of print.

Key Takeaways

  • Total inventory under construction – 468,400 square feet 
  • Overall vacancy – 12.7% (a rise from 12.5% in Q1)
  • Net absorption – negative 284,323 square feet
  • Availability – 6.2 million square feet
  • Average asking rents – $28.50 per square foot per year (a decline of $0.02 from Q1)
  • Investment sales – $50.5 million (down from $75.5 million in Q1)

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