Flexible space: The No. 4 trend impacting the real estate of tech companies
Apr17

Flexible space: The No. 4 trend impacting the real estate of tech companies

By now, I have discussed the top three most significant trends impacting the real estate of tech companies, labor, cost, and density here, but that’s just the tip of the iceberg. Let’s dive into the fourth most impactful trend, flexible space. Trend 4: Flexible space evolution Co-working is here to stay because as it turns out, a lot of people like it. Flex office options, like co-working space, offer companies real estate options on...

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Density: The No. 3 trend impacting the real estate of tech companies
Apr10

Density: The No. 3 trend impacting the real estate of tech companies

Labor and costs are the two most significant impacts on real estate of technology companies. Rounding out the top three most significant effect is density. Trend 3: Reversal of density The trend toward efficiency has reigned supreme in the real estate world. The drive toward a “less is more” ownership mentality on a personal and corporate basis has completely transformed the way things work. As a result, the concept of the private...

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Cost: The No. 2 trend impacting the real estate of tech companies
Mar05

Cost: The No. 2 trend impacting the real estate of tech companies

In the last article, I discussed the number one trend impacting the estate decisions of technology companies across the country, talent. In this article, we’re moving on to the second most impactful trend, cost. Knowing and understanding these trends will give you a leg up as you plan your real estate strategy. Trend 2: Cost is irrelevant The future of work is changing, and making good investments in the workplace is becoming more and...

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How to cut real estate costs beyond rent
Aug09

How to cut real estate costs beyond rent

Real estate is often one of the largest expenses for any company. When looking for a new office space, there are multiple factors to consider: location, layout, amenities, rental rate, lease flexibility, and more. It can be an overwhelming process, and it’s easy for companies to compare options by the most basic factor: the rental rate. Comparing rental rates give tenants an easy way to evaluate cost and savings—but there’s an even...

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JLL predicts growth in local technology real estate
Jul14

JLL predicts growth in local technology real estate

It’s no secret that the Phoenix metro area is a budding region for the tech industry. In May, Phoenix was named by PCMag as one of “14 high-tech cities you’ll want to call home.” Ask anyone who’s a longtime resident, and they will tell you how much things have changed here over the years. Tech companies have been opening branches and getting their start, in downtown Phoenix as well as in surrounding towns like Tempe, Mesa, and...

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