As technology continues to evolve, so does the need for the specialized real estate that accommodates the infrastructure that operates those systems.
Thrive Fitness will open a new, 11,900-square-foot gym in the heart of Chamblee, Georgia. Steve Hanna, Vice President at Cresa Global Inc., represented Thrive in this transaction.
Jim Underhill arguing that people are not going back—at least, not to the office life we had, with hundreds or thousands of employees showing up at the same building every day, often to be squeezed into a densely packed, open-plan office. “Call it a de-consolidation of space, rather than having everyone come into one massive office in the cities, though they will remain the hub,” he told Quartz.
As you continue to assess the impacts of COVID-19 on your business and workforce, Cresa can help you reinvent and reposition your business.
The COVID-19 pandemic has resulted in the largest global work-from-home experiment in modern history, with the benefits of flexible working increasingly being recognised globally. However, despite widespread speculation, the end of the office is not in sight.
While some companies prepare for the return to office, others are opting to incorporate remote work into their long-term workplace strategies. For these occupiers, it will be important to reevaluate your space utilization and — if it proves cost-effective — shed what you no longer need.
Martenson, Hasbrouck & Simon recently completed its move to a three-story build-to-suit office at 2573 Apple Valley Road in Brookhaven, Georgia. The firm previously had its Atlanta offices at 3379 Peachtree Road in the city's Buckhead financial district.
The report shows sublease inventory staying at 5.9 million SF with 22 new subleases. The total number of subleases on the market lowered significantly to 529 (it was 549 in April). The $0.29 increase in rental rates that took place from March 2021 to April 2021 has remained fairly steady into May 2021.
Your monthly update on the North Dallas/Plano/Frisco office market.