The 6 Most Read Articles of 2015
With the year coming to a close, we took a moment to collect the most read and most shared articles from the VTS blog in 2015. Here they are:
The youngest generation to hit the workforce has set off a wave of new office habits, needs, and wants. By 2020, millennials will make up 40-50% of the working population. When working with new tenants, regardless of their industry, keep in mind these key millennial impacts.
There’s no question that commercial real estate is becoming an increasingly mobile industry – brokers are constantly on the move and they need to run their leasing business from their phone. Here’s a list of go-to apps that are key for commercial real estate brokers.
Over the past 30 years, the commercial real estate industry has quietly transformed from a “mom-and-pop” industry to an institutional asset class where owners manage complex and global portfolios. This revolution is still ongoing, and there is much to be determined about the future of CRE. Here are the five trends we see shaping that future:
Since many offices have come to be a reflection of the company culture, new corporate ethoses are impacting the physical office, interior design, and furniture. These trends are influencing some of the most common tenant improvements (TIs). Here’s what tenants are asking for.
There is a countrywide trend toward non-traditional office spaces that has spread outwards of urban areas. When one thinks of a creative office, it’s usually in urban scenarios. Or maybe in places that are technology hotbeds — such as San Francisco's SoMa, Silicon Valley, or New York City’s Chelsea. But, that is changing, and these types of developments are hitting suburban locales across the country.
Most of the information that powers leasing lives in static Excel files spread across email inboxes and network folders. This makes the fact that roughly 90% of them have errors that much more upsetting. Here are 3 things asset managers can do to mitigate those errors.