Need Office Space for Lease or Sale? OfficeFinder can Help find your next Office. Leasing Office Space Buying Office Space Membership Online Toolkit OfficeFinder Advisor

Entries Tagged as 'Office Rental'

New Executive Suite Office Space Marketing Video Service

No Comments »

We have found a new and interesting video marketing offering for executive suite owners called Alliance Spaces. The offering was created on the premise that independent business center owners have a need for low-priced, creative and engaging videos -- rather than the standard virtual tour -- to stand out from both large and small competitors. 

With online marketing competition heating up, more and more executive suite providers are turning to video to tell their story, and most are doing it in the form of a virtual tour, a staff interview or sometimes even a client testimonial. All these are great ways to market office space, but in order to stand out and engage prospective customers, a different approach may be in order.

Regus, the largest global operator of executive suite space is well known for their effective marketing campaigns, and they have recently been focusing even more on video campaigns. And Alliance Spaces videos can be great tool in the arsenal according to Frank Cottle, a collaborator in the Alliance Spaces offering: "Alliance Spaces Videos can help independent operators stand out from the rest and compete effectively in the online arena against both large and small competitors. On top of that, we offer it on a subscription basis that allows a very competitive price. Essentially, a single center operator pays about $750 per video."

You can visit Alliance Spaces to learn more.

Take a look at St. Rose Executive Suites’ video, a subscriber to the services:

Executive Suites , Flexible Workspace , Office Rental , Office Space

New OfficeFinder Video - Why Use OfficeFinder?

No Comments »

Please Add Your Comment about this video on YouTube

Feel free to add this video to your website. Code: <object width="640" height="385"><param name="movie" value="http://www.youtube.com/v/BT16OIdul58&hl=en_US&fs=1&"></param><param name="allowFullScreen" value="true"></param><param name="allowscriptaccess" value="always"></param><embed src="http://www.youtube.com/v/BT16OIdul58&hl=en_US&fs=1&" type="application/x-shockwave-flash" allowscriptaccess="always" allowfullscreen="true" width="640" height="385"></embed></object>

or add a link to it on your website - http://www.youtube.com/watch?v=BT16OIdul58

Get Help Finding Office Space

Office Leasing Tips , Office Relocation , Office Rental , Office Space , Office Space Negotiations , Tenant Representation

The Worlds Most Expensive Markets for Office Space for Lease

No Comments »

Office space for rent costs worldwideLOS ANGELES, May 05, 2010 (BUSINESS WIRE) -- London's West End remains the world's most expensive office market, according to CB Richard Ellis Group, Inc. (CBRE) Global Research and Consulting's semi-annual Global Office Rents survey. Hong Kong's Central Business District (CBD) has risen to second place pushing Tokyo's Inner Central to third place. Mumbai is now in fourth position on the list while Moscow remains in fifth in the CBRE rankings, which tracks occupancy costs for prime office space in 176 cities around the globe.

Office occupancy costs measured in U.S. dollars are affected by changes in the dollar's value versus the respective local currency. Hence, office occupancy costs when converted into U.S. dollars are driven by both the local market dynamics of supply and demand, as well as currency changes.

"We have found that currency fluctuations play a big role with regard to where markets rank in the top 10 for office costs," said Dr. Raymond Torto, CBRE's Global Chief Economist. "However, the 'most expensive club' still includes the usual names -- London, Hong Kong and Tokyo."

The report also found that on a year-over-year basis, global occupancy costs are searching for a bottom, with the markets monitored revealing a collective drop of -4.6% worldwide over the 12-month period ending March 31, 2010. Larger markets experienced a slightly greater decline of -6.4%. The majority of markets (133) experienced a decline, with 33 of these markets registering double-digit percentage-point drops in office occupancy costs. 53 markets experienced annual increases in occupancy costs, generally smaller markets affected by quality shifts in key market assets...

... North America is led by Midtown New York, which posted an office occupancy cost of US$64.51 per sq. ft. While office occupancy costs in Midtown New York are high for North America, that market ranked just 26th globally.

North America saw a below-average decline of -3.3% (year-over-year), making the region the third weakest with falling occupancy costs in 51 out of 77 markets. The largest declines were in Calgary CBD (-24.9) and New York Downtown (-19%).

Top Ten Most Expensive Markets
-------------------------------------------------
(In US$ per SF per annum)              US$/SF/annum
  1.) London West End, United Kingdom     182.94
  2.) Hong Kong (Central CBD)             153.20
  3.) Tokyo, (Inner Central), Japan       143.99
  4.) Mumbai, India                       125.76
  5.) Moscow, Russian Federation          125.10
  6.) Tokyo (Outer Central), Japan        118.41
  7.) Paris Ile-de-France, France         113.23
  8.) London City, United Kingdom         110.07
  9.) Dubai, United Arab Emirates         108.92
  10.) Sao Paulo, Brazil                  100.00

More...

Bloggers note: It is interesting to see that the major US office space leasing markets are no where close to the top ten in office space rent costs. Midtown Manhattan is only just over 1/3 of the cost of number one London office space rental rates. The other interesting location in the top ten is Mumbai, India, still nearly double the cost of Midtown Manhattan.

 

London Office Space , Manhattan Office Space , New York Office Space , Office Rental , Office Space , UK Office Space

Does Corporate America Have Too Much Office Space?

No Comments »

Nasdaq 4/30/10 - Corporate America has 25-50% more space than it actually needs, particularly as tenants move toward more open floor plans, more staff work remotely and companies reduce costs by cutting the amount of space allocated per person. That's the view of Howard Ecker , president of Chicago-based tenant representation firm Howard Ecker & Associates . "Companies have gone from offices to cubicles and now they are going to benching," he said.

Space per person has been in the news lately, with Goldman Sachs reducing its space per person from 228 to 178 square feet and famously putting a number of less-senior executives in internal offices without windows when it moved to its new headquarters building in New York. But Goldman isn't the only one. Over the years, law firms have gone from 750 square feet per lawyer to 500. "They are now going down below that," Ecker said. Advertizing agencies once had 250 square feet per person and now have less than 100, he added.

Bob Stella , president of New York-based tenant representation firm Cresa Partners , said more companies have staff that telecommute or use hoteling, where more than one staffer uses the same workspace. "All companies are looking at ways to be more efficient. It's possible to create a great working environment and do it with less space," he added. "You can virtually be working on your laptop from home and perform a lot of the same tasks."

Although the office market isn't there yet, Ecker believes that changing demographics will have the biggest impact on office space needs and cited the emergence of the Echo Boomers, or the Millenials, who are entering the workforce. "Four percent of the workplace is 65 and older and 50% is 45 and under. As they disappear and younger people start to make decisions, the complexion of the office environment will change," he said. "The younger the decision maker, the less space they will take."

In an extreme case, the need for less space could ultimately stamp out new office development, Ecker said. "If we have 25-50% more space than we need, why build another office building? A lot of people say they have to be in new buildings because they are more efficient. But new buildings aren't inherently more efficient," he said. Finally, using less space is also a much greener option. "Green is a really big issue today. The U.S. government can't lease space in a building that isn't LEED certified and they are leading the charge into efficiency," he said. "The greenest thing that can be done is to use less space."

Source: NASDAQ.com

Green Office , Office Rental , Office Space , Office Space Design

Facebook generation will kill traditional offices, says Microsoft

No Comments »

Study suggests home working and hot-desking will become the norm

The social-networking generation will rely on mobile technology, remote working and 'pop up' offices to get their jobs done, according to a new study backed by public sector think tanks and the Institute of Directors.

The focus of corporate IT departments will shift from supporting dozens of workers in a single office space to facilitating home-based and remote working, and ensuring that staff in temporary, shared offices can get the job done.

"Companies will be a bit more aggressive with how much office space they need," said David Coplin, national technology officer at Microsoft, which contributed to the report.

"The savings in the short term will be around office space. At best 55 per cent of office space is used at any one time, leaving 45 per cent unused," he told Computer Weekly. "That is 45 per cent of your office costs."

The study suggests the companies will benefit from allowing staff to use online collaboration tools and social networks to carry out their work. Knowledge-sharing and collaboration will be made easier by the knew generation of cloud-based computing services and communications networks.

"There is a message here for organisations that block tools like Twitter at the firewall," said Coplin. "You can't do that any more because you are restricting people's activity. Be confident in your security and let go a bit of your control.

"We have talked for a while about the death of the desk phone. Now we are talking about the death of the desk. Its not just about working from home. There are compelling reasons for working from a variety of locations."

Source: Telegraph

Executive Suites , Flexible Workspace , Home Office , Office Rental , Office Space , Virtual Office Space