Category Archives: Commercial Real Estate

Change to Thrive: A Lesson from Your Mall

At the Christmas season, it may be hard to believe that malls are becoming scarcer, but it’s a trend that has been going on for the better part of a decade. A combination of overbuilding, online shopping, and demographic shifts has led to the demise of nearly 1/3 of America’s malls. But there’s a silver

A Tax Deduction To Give Thanks For – The Sec. 179 Rule

It happens every year around this time – the season for end-of-year tax deductions. The Section 179 tax rule gives businesses an opportunity to write off as much as $500,000 in new and used equipment costs. Equipment or software purchased and put into service by December 31st is deducted from your business’s gross income –

The Benefits of Going In Over Your Head

It has been a design trend for a decade or more – transforming old factories and warehouses into chic modern office space. These old buildings are often convenient to the city core and they make appealing workplaces for companies seeking to attract hip urban employees. High tech, fashion, creative services, and media are among the

Is Your New Warehouse Illegal?

From Southern California to Washington, D.C., new warehouses are springing up overnight to meet market demands. There’s one time-consuming phase of warehouse build-out, however, that shouldn’t be bypassed regardless of how much of a hurry you’re in. As reported by Site Selection Group, the demand for new warehousing is spurred by e-commerce’s continued exponential growth,

Facilities Manager or Hostage Negotiator

“Shark Tank” uber-shark Kevin O’Leary said it: “So much of life is a negotiation.” Perhaps you chose a career in facilities management because you’re more comfortable dealing with buildings than with people. But buildings house people, and sooner or later, any facilities manager is going to have to deal with the human factor. Whether you’re

Feeling Poorly? Maybe It’s Your Efficient Space Plan

The shortest distance between two points is a straight line, but it may not be the healthiest way to go. Australian insurance company Medibank constructed an office building that is, in many ways, spatially inefficient – all for the good of its employees. Medibank and architecture firm Hassell theorized that inefficient spaces would force employees

The Adaptive Office: Remember The Humans

Business owners and facilities managers are embracing the benefits of new flexible workspaces – maximized space utilization, minimized build-out costs – but for many workers, changing the old office environment may be an unwelcome update. Without an enthusiastic majority eager for change, facilities professionals will find it hard to implement any meaningful transformation. How can

Keep Your (Workplace) Options Open

Choice – it’s what employees want in their workplace environments. Businesses that build flexibility into the workplace are able to hire and retain top talent, and keep productivity at a high level. Choices can take a variety of forms, from flex hours to telecommuting to benefits. Offering tangible choices is a big part of the

Greening Your Office? Provide Bike Storage

Sustainability has become a part of office policies everywhere. Paper is recycled; energy usage is monitored; space-saving storage and furnishings are installed. Many businesses are now looking at additional ways to go green, and bicycle commuting is one of the options they are embracing. Here’s how businesses in some cities are encouraging their employees to ride

Trending: Retail Stores as “Museums”

Retailers have struggled with consumers’ growing habit of “showrooming” – shoppers come to stores to see, touch, learn about, and try on products which they then buy from a low-price low-overhead online retailer. Brick-and-mortar retail grew last year in the single digits, while e-commerce enjoyed a 22% growth rate. Are physical stores going to be