In Part 3 of our series on Sustainable Design and LEED certification, Tom Rowland and Karyn Wanaski of Partners By Design sat down with The Office Diggs to define LEED and discuss the point system associated with becoming certified. To learn more check out the video below…….
What is Sustainable Design? (Part 2 of 6)
As a follow up to last week’s conversation regarding American Hospital Association’s recent build out, check out Part Two of my discussion with Partners By Design and hear their thoughts on Sustainable Design…….
A Discussion On LEED Commercial Interiors (1 of 6)
The award-winning design firm, Partners By Design (PBD), was hired to design elements of American Hospital Association’s (AHA) newly built out office space in Chicago. Check out the design and learn more in the video below.
Special thanks to Partners By Design, Leopardo, AHA, POP Social Media and Little Cabin Films for making this happen…
Announcement: Video Segment Series
Welcome to The Office Diggs. I want to take a minute to thank you for viewing my site. I am excited about this new endeavor and hope you will enjoy.
The Office Diggs is dedicated to providing tenants with information on various topics being discussed in the commercial real estate office market sector. This will be an interactive site where commercial tenants can join in conversation, gather information and get a better understanding of relevant issues relating to their office space.
I am currently filming the first segment of a five part video series on Sustainable Design, LEED certification and Office Greening. All three of these topics are becoming everyday terminology in the commercial real estate industry and it is extremely important that tenants familiarize themselves with these terms.
I am looking forward to providing my viewers with useful information and more importantly, hearing their questions and concerns relating to office space.
Is making corporate real estate decisions part of your job description? Are lease negotiations at a standstill? Do you have a favorite office building? I would love to hear from you in the comments below.
Most sincerely,
Lou Vidaillet
A Slacker’s Worst Nightmare
I recently came across this video on Wired’s website. It is a great way to keep your eyes on on the office while traveling. Slack’s should take notice……
Vacancy On the Rise In All Office Buildings
It is no secret the United States is experiencing one of the worst commercial real estate downturns in our history. Different than the office slump in the early 1990’s, office vacancy is a problem for all buildings.
According to a recent article in Urbanland, 40% of office vacancies during the early 1990’s were concentrated in buildings less than six years old. The rise in vacancy was caused by overbuilding and as a result was prevalent in younger properties. The problem today is different. Currently, 40% of office vacancies are spread among buildings that have been built sometime in the last twenty-two years and the rise in vacancy is due to layoffs and job cuts. Vacancy has increased in properties no matter the age, class or location.
My biggest concern for office landlords is high vacancy rates are here to stay. Technology is making it easier for people to work from home, the coffee shop or even the gym. Companies are realizing there are huge cost savings in reducing their real estate footprint. Landlords will have to be creative and offer substantial incentives to lure new tenants. I would be interested to hear your thoughts. How do you think technology is affecting the use of office space? Is there an office landlord that has taken an innovative approach to lure new tenants? Send in your comments…….
What Determines a Great Office Space?
The Office Diggs is looking for your feedback on office-related issues. What determines a great office space? Is it location, views, price, desgin, etc? Please send me your responses.
