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Entries Tagged as 'Office Space'

OfficeBroker Changing to a Subscription Model

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OfficeBroker.com, one of the top 3 executive suite web brokers, has recently announced that they are changing from a commisson based model to a subscription model. According to an email received by one of our Executive Suite members:

"In January 2012 officebroker.com will be changing the way in which it markets office space, removing the commission structure and replacing it with a simple monthly subscription for listing your office building(s) on our website.

This new subscription model will result in your direct contact details being added to officebroker.com. Instead of charging a commission, you will instead pay just $75 per building location listed per month.

Summary of Changes:

·     Client will be able to contact YOU directly from our website!!  Your contact details will be added to each of your building locations listed on officebroker.com enabling you to get their details before your competitors would!

·     Additionally, any inquiries officebroker.com receive will still be forwarded to you but with no commission payable should you close a sale

·      A simple monthly fee of only $75 per building listed per month to be charged from January 1st 2012

Best of all you don’t need to do anything to benefit from this change!  Your listings will be updated automatically from January 1st 2012. "

This is specific to the US. I am not sure how they are handling other markets. It will be interesting to see how well this is accepted by executive suite office space operators. OfficeBroker does have a good track record in providing leads to centers, but I would image only the ones in which have had success with their leads will subscribe.  The smaller centers will probably not see the benefit.  The next question will be whether or not they remove the listings for the properties that do not subscribe or use them as bait for those who do. Another alternative may be that they will keep the non-subscribers on a commission basis.  We will have to wait to see.

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Executive Suites , Flexible Workspace , Office Rental , Office Space

How Office Space Design is Changing to Promote Flexibility

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Here is an excellent overview of how the office space workplace is changing and what features are being added to accommodate a more flexible workplace. A by-product is that companies won't need as much space for their employees and the employees will be happier.

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Flexible Workspace , Office Space , Office Space Design , Video

New Meeting Styles for a New Generation

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Today’s business moves at a pace never before thought possible. Those workers on the way to retirement may have adjusted well to the technology age, but today’s emerging workforce grew up on computers, smart phones and digital communications worldwide.

Economic changes have left some sectors of the business world without the luxury of frequent travel to visit clients. In fact, the tightening of the reins in recent years has caused everyone to find ways to cut expenses without reducing profits in order to survive. The emerging generation of workers will simply not stand still nor do they have patience for the slow methods of commerce of past decades.

Over a decade ago, we first began coordinating meetings with tools like MS Outlook’s Calendar. This helped meeting planners coordinate times, reserve spaces, and communicate agendas more efficiently – as long as all the players updated their calendars.

Now, much of what was done manually and in face to face meetings is handled through newer, more cost effective styles that serve a new generation well. Some of these tools include:

eZ Meeting: Share desktops and applications complete with markup and redline. Instant messaging allows rapid communication and transferring files is easy. One of the higher monthly cost solutions but many users love it for the intuitive layout.

GatherPlace: A robust online meeting solution with low monthly pricing. It even allows guest installations as well as permanent computer assignment. This tool is everything you could want in an online meeting solution.

Skype: With VoiP technology, voice communications anywhere are feasible and the cost is negligible compared with face to face meetings across the world. Use integrated collaboration features or choose to combine with other tools.

GoToMeeting: Share your desktop realtime, record and playback your meetings, generate reports, chat, and much more. Very affordable solution and well liked by loyal users.

Beam Your Screen and Mikogo: This powerful combination will do It all and very easily. This is a powerful solution for large meetings as well as small, intimate online collaborations.

MS Office Live Meeting: Integrated into the latest professional MS Office Suite, you can share multimedia presentations, store and transfer files, chat, and share portions of your screen or entire applications.  This is a very inexpensive solution.

When choosing an alternative meeting solution, take advantage of demos and trial periods to ensure you select a tool that will work best for your needs. Even the most expensive online meeting tools will save your firm tons of money in a very short time and increase productivity. 

 

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Flexible Workspace , Office Space

The Evolving Office Workspace

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It seems the world is changing at such as pace it is nearly impossible to keep up with the changing faces of work, communications, technology, even the methods by which we do business today. With the changing commercial real estate market, skyrocketing prices for goods and services and challenges keeping the right talent mix in your business, you may be wondering where the office workspace evolution is taking our world today. 

During previous centuries, a worker reported to a cubicle or desk to find a stack of papers , leads or widgets, whatever the item processed might be stacked up and ready to be moved through some process coming from the “in” stack and going into the “out” stack. Business didn’t run on knowledge alone, but ideas did have a place in the market just not in the day to day office operations. A worker could easily spend 20 or 30 years reporting to the same job endlessly… yes, it was a pretty boring lifestyle in retrospect but it was all there was for earning money. 

Some of the biggest changes evolving in today’s knowledge powered office workspace, no matter what your market, include:

When we work: In past decades, workers reported to work on a very set schedule, perhaps first shift operated from 8 am to 5 pm or something similar with a set time for breaks and lunch. That was well before the global marketplace changed work hours to whatever your customer demands. Now, staggered work times so that markets across the globe can be served are common place. Many knowledge based jobs can be done during any hours of the day or night and the hours during which a particular worker feels most creative are freely used as paid work time. 

Where we work: Top executives are often still needed in the office daily, but knowledge based workers and many types of service workers only appear in the office as needed or on a set schedule of a few days per week or month for key meetings and networking times. Other times, productive work is conducted in the field where that market resides. For example, real estate professionals are more and more working on “office” tasks from the hot spot in a coffee shop or café or even McDonald’s fast food restaurant rather than driving across town to appear in person only to have to run right back out, drive back yet again, eating up time and resources.  The time spent in traffic jams is much more effectively used following up on leads or updating listings. Of course, there are times that “face time” in the office makes sense because it provides fellowship, a sense of teamwork and the opportunity to network, but workers in dozens of fields have home offices, a mini-office in their auto, a either a desk or a shared space in their employer’s office workspace. 

How we work:  Just like the electric typewriter, the desk computer has probably seen its peak with laptops being small enough to fit in any briefcase or messenger bag replacing it with as much if not more computing power. In many markets, large offices, once the sign of prestige, are giving way to smaller, more efficient offices with shared spaces so that whoever needs the desk and infrastructure at any given time can find a place to work or meeting. 

As this evolution continues into this century, real estate professionals will creatively respond to the needs to their customers. Customizing spaces, offering alternative office solutions and other innovative ideas will generate loyal clients. 

The 21st Century Office Space

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Flexible Workspace , Office Space

When to Start Your Office Renewal or Relocation

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One of the big questions many office tenants wonder about is how long before their office lease expires do they need to get started on either a renewal or a relocion of their office space.  Here is a great article by our Miami Office Representative that should help answer the question.

"When should a company think about their office lease renewal?  The day after they sign their lease.  That might seem extreme, however, most folks wait too long and end up losing their leverage with their landlord.  Typically, I recommend that my clients begin their lease renewal process at least a year in advance.  There are two reasons.

First, time is your landlord’s greatest leverage.  Your landlord knows that typically over 75% of its tenants will renew their leases. Your landlord also knows exactly how long it takes to construct a new space and physically move.  If you call your landlord 60 – 30 days before your lease expires, he already won.

Second, even if you are determined to move, time slips by quickly.  A week of travel, a couple of days delay while waiting for an architect, attorney or contractor to respond
and suddenly your time line shortens.

It’s never too early to start mapping out your strategy and preparing a timeline for your renewal process.  That’s what I do every day, so let me help you level the playing field with your landlord.  If your Miami office lease is expiring in two years or less, Contact Me today."

You may also be interested in:
The Office Leasing Process and Timeline
How much office space do I need?

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Miami Office Space , Office Relocation , Office Space , Office Space Negotiations