Category Archives: Management

The Next Shoe to Drop: The Death of Normal Business Hours

A lot has been written over the past two months about the new work from home paradigm. The realization that much of the work we do can be done from anywhere has major ramifications for both office space demand and … Continue reading

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When Office Demand Becomes Elastic

Historically, demand for office space has been relatively inelastic because businesses viewed it as a necessity. If a company needed 20,000sf to run its business, it generally leased that space whether the rent was $30/sf or $35/sf. That philosophy may … Continue reading

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Don’t Overreact to COVID-19 When Your Employees Return to Work

Over the coming weeks, executives are going to be inundated with articles and white papers telling them that, to survive in the post COVID-19 business world, they are going to need to completely change their space, their furniture and their … Continue reading

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Coming to the Office or Working Remotely: What’s the Future?

There are two significant, and seemingly inconsistent, trends taking place in the office world right now and how this battle shakes out may ultimately dictate the future of the workplace as we know it.  On the one hand, a greater … Continue reading

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Sliding Tile Games and Real Estate Deals

We have all played that tile game where there is one empty space on the board and you need to slide all the tiles around the board to create a picture or desired sequence.  It’s a very difficult game due … Continue reading

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Big News in Brokerage is Not So Good for Tenants

Kudos to CB Richard Ellis, the world’s largest commercial brokerage firm who was recently awarded the property management contract for Commonwealth REIT’s United States’ entire portfolio consisting of 156 properties in 31 markets.  In their press release, CBRE noted that … Continue reading

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Stabilizing Rents Do Not Mean All is Well in Center City

Center City office rents seem to be stabilizing and large blocks of contiguous space are becoming few and far between. Generally speaking, landlords are feeling better than they were in 2005-2006 when over 4,000,000sf of availabilities existed in the trophy … Continue reading

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With Golf and Real Estate, Managing Expectations is Key

Golf is a pretty simple game when you think about it:  You have to hit a ball into a cup,  the ball isn’t moving, no one is trying to take it away from you or prevent you from hitting it, and you … Continue reading

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Of Fitness Clubs and Landlords

I joined a gym the other day; actually, I rejoined the gym.  I really intend to use it this time.  Apparently, to lose weight and get in shape you need to go to the gym and not just join it.  … Continue reading

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Sales Quotas and Real Estate Brokerage Don’t Mix

It is not surprising that most large, national brokerage firms have quarterly and annual sales goals. Public firms need to grow revenues in order to grow share price and make the analysts and their investors happy.  When brokerage firms have … Continue reading

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