A New Corporate Vision: How Millennials and Gen Z are Championing CSR and Sustainability

Posted on July 10th, 2023

Millennials and Gen Z professionals are now the largest demographic in the world of work, so it goes without saying that their views and expectations will have an impact on different corporate practices. Among these practices are issues of corporate social responsibility (CSR) and environmental sustainability, two of the hottest topics in the 21st century business world.

In this article, we will look at how both Millennial & Gen Z professionals are shaping corporate social responsibility and sustainability practices in office-based workplaces across the United States.

Seven Ways Millennials & Gen Z are Shaping CSR and Sustainability Practices

Purpose-Driven Workplaces

One of the things that characterizes the new generation of professionals is their understanding of the workplace as more than just “a place to work”. Although financial considerations still matter, Millennials and Gen Z workers expect more than just a paycheck: they want their work to have a purpose

For this generation, being purposeful at work equals success, matching or even in some cases exceeding the feeling of satisfaction that comes from financial gain. In fact, many Millennials would be willing to take a pay cut if their work resonates with their values. 

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Understanding Rentable vs Usable Square Footage (and Common Areas)

Posted on June 11th, 2023

When looking for new office premises, you may notice that listings advertise office space using different terms, such as usable, rentable or common area square footage. It’s important to understand what each of these terms means, so you can choose an office that suits your space requirements and budget.

In this article we look at the differences between usable, rentable, and common area square footage, and we discuss what tenants need to be aware of when evaluating and budgeting for their space requirements.

Usable Square Footage

This refers to the amount of space each tenant has exclusive access to. The specific inclusions and exclusions vary depending on whether the office in question takes up an entire floor, or the floor is shared with other tenants.

In full-floor setups, usable square footage includes every area within the floor, whether it’s used by office workers or not. This includes workspaces, restrooms, kitchens, breakout rooms, common areas, reception areas, meeting rooms, hallways, as well as rooms used for technical and janitorial purposes. The only exclusions are any areas that aren’t exclusively used by the tenant occupying that floor, such as stairwells or elevator shafts. These are part of the unit’s gross square footage, which isn’t taken into account for determining lease rates.

In multi-tenant floors, usable square footage includes workspaces and any other rooms allocated for the specific use of each tenant. For example, shared bathrooms or kitchenettes wouldn’t be included, but if each tenant has exclusive use of a restroom, this is added to the office’s total usable square footage.

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What is a Walking Score? Walk Score Meaning & Benefits of Walking to Work

Posted on May 29th, 2023

The concept of walkability is becoming increasingly discussed in urban planning and design environments, as it impacts well-being, health, livability, and real estate economics. In this article, we discuss the walkability trend in relation to the office market, and explore its benefits, as well as the amenities, data, and calculations used to generate a property’s walking score.

About the concept 

In the United States, walking scores for real estate were first published by WalkScore, a company developed in the mid 2000s by former Microsoft developers that understood the importance of walkability and its connection to quality of life. 

These WalkScore founders developed a tech-supported system that generated walkability scores for any given postcode. The overall score shows how easy and convenient it’s to live or work in a location without needing to drive or use mass transit. 

Initially, walking scores were one of the criteria used to choose a residential property, but eventually they were applied to all kinds of real estate, including offices. Nowadays, it’s common to see walkability scores displayed in real estate listings. As time went by and people became more familiar with the importance of walkability and its connection to real estate, different walkability tools and calculators appeared in the market.

How do walking scores affect real estate economics?

There’s a strong correlation between walkability and commercial real estate economics. Researchers analyzed property price trends over a decade and uncovered wide gaps in price increases between highly walkable CBD real estate (which experienced 125% price increases) and those in car-dependent areas, where prices only rose by 20%. 

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Office Amenities of the Future: Office Building Facilities & Amenities to Look Out For

Posted on May 15th, 2023

A return to the office is a reality in most US markets, but in 2023 work-from-home models are still common, since 27% of US office employees currently work from home. Not only that, but when surveyed, nearly 70% of US employees said they would prefer to work from home.

This raises an important issue for office facility managers: how to make in-person office work as attractive as the allure of the home office. In turn, this brings landlords into the equation, as they need to make their real estate offerings more competitive in a market where tenant demands have changed. In this article, we discuss the latest trends in office facilities and the best office amenities that can be found in 2023.

Latest trends in office facilities

Outdoor space

Although office work has traditionally been confined to indoor spaces, the renewed focus on air quality and overall well-being during the pandemic has brought to light the crucial role outdoor spaces play in modern corporate buildings. Research shows that access to nature and outdoor environments can improve productivity, reduce stress, and enhance creativity among employees.

Patios, rooftop decks, landscaped terraces, and other outdoor areas are rapidly becoming some of the most sought-after amenities for office workers. These physical spaces not only provide a breath of fresh air and an escape from the indoor office environment, but also foster social interactions and collaboration among employees, creating a healthier and more dynamic workplace culture.

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12 Tips to Optimize Your Office Space Planning

Posted on May 1st, 2023

Commercial real estate costs have been increasing in most US urban markets for a while, which has highlighted the need to be strategic about new office space investments.

For this reason, office-based businesses are rethinking their space allocation after making changes to work models and switching to hybrid or remote work

Planning the optimal use of office space is a smart move. Not only can this help reduce costs, but it also ensures employees work in a more pleasant environment that is conducive to productivity and well-being. This means that office space planners are in high demand, however, not every company has the luxury of having an employee that is up-to-date on office space planning guidelines.

In this article, we look at 12 ways in which US businesses can optimize their office space planning. If you are looking to polish up on office space planning basics, then read on to find out more!

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Colors in the Workplace: Leveraging Office Color Psychology

Posted on January 31st, 2023

colorful office building facade examples of colors in the workplace image at offices.net

The use of color in an office space has a significant impact on the atmosphere of the workplace and on those that occupy it. The right combination of colors can enhance the overall design, improve the functionality of the space, and create a more positive and productive work environment. 

According to the Institute for Color Research, within 90 seconds of first viewing, people make a subconscious judgement about a space or a product, and between 62% and 90% of that evaluation is based only on color. Additionally, in a ground-breaking study, the University of Texas discovered that when presented with different colors, varying brain responses can affect employee productivity and attitude.

In this article, we will discuss the power of color in offices by delving into the evidence surrounding color psychology, and the impact lighting and materials have on color, and how this should combine to be applied to office design. So, after reading, office interior designers, occupiers and landlords should gain some insight into how to use color to enhance the overall design of spaces, and improve the functionality and productivity of the office environment.

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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

top down close up of six people arranged in a circle around a desk placing their hands on top of each other above the desk's center displaying agreement at fresh and fun in-office event ideas image at offices.net

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

view of a brightly sunlit breakout space with numerous people engaging socially standing sitting and reclining displaying the social and networking aspect of the top 15 benefits of coworking spaces for remote workers image at offices.net

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.
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