CRE Market Update – Office Space


Building culture is hard with a remote-based workforce. To have a top business, you need to have a top culture – this is why TAG CEO Bill Himmelstein suggests a phased-in approach for recommitting to your office space.

CRE Market Update – Rental Rates


How much is the market going to go down and how much rental reductions are we going to see? TAG CEO Bill Himmelstein advises keeping an eye on climbing vacancy rates and dropping rental rates, which may result in great opportunities for tenants in this coming market.

CRE Market Update – Subleasing


When is the right time to sign that next lease and start looking for office space? If you’re ok signing up for a sublease you might have a lot of opportunities coming up. TAG CEO Bill Himmelstein offers his insight here.

CRE Market Update – Rent Relief


A common question these days is “Will landlords give some relief in the form of free rent?” In general, landlords are willing to give some relief in the near term, but there may be some stipulations. TAG CEO Bill Himmelstein offers his insights.

Rethinking Office Design Post-Covid


As many companies begin to phase in reopening and prepare to send their employees back to the office, there are some definite changes you can expect to see in terms of layout and design. Here are some of our top things to think about as you prepare to re-enter the workforce.

Density

Crowded open floor plans and layouts will be a thing of the past as great importance will be placed on safety and ensuring adequate spacing between workspaces. Office density will be greatly reduced – think about installing larger workstations and placing fewer chairs in common areas like meeting rooms or break areas. 

Privacy

There will likely be fewer open, collaborative spaces in favor of more private offices and private and semi-private spaces and likely fewer people in the office at any given time as rotations of teams coming into the office may be implemented. Consider inserting dividers or partitions between discrete work areas to clearly delineate spaces and establish a sense of security and safety.

Sanitation

Expect to see sanitation stations and supplies ubiquitously placed throughout the office. Take into account other design implementations to limit the spread of germs, like plastic guards or coverings separating a receptionist, those in the waiting room, or in other densely populated parts of a space.

Workplace operations have seen an abrupt shift due to Covid-19 that may very well have a lasting impact on workspace design thinking and use far into the future. As you prepare to navigate this uncertain future, please consider contacting TAG for any future support we can offer.


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