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Going Paperless Informs Space Use

LOS ANGELES-In CBRE's recent webinar 'The Changing Face of Space,' the firm's brokers and Allen Matkins attorneys say digitization and automation are shifting space use needs.

By Carrie Rossenfeld | Updated on March 15, 2013

LOS ANGELES-Technology’s impact on commercial real estate is undeniable, and it’s influencing tenants’ space needs more than just about any other factor. During the fifth annual CBRE/Allen Matkins “Real Estate 360 in 60” webinar, experts from the two firms discussed the many ways that the needs are changing as a result of technology and how these changes are impacting the capital markets in the western US.

During the workplace-trends discussion, CBRE’s Lew Horne and Allen Matkins’ Tony Natsis talked about the demand for creative space driving the office market here. Horne said that these days, thanks to technology, employees are more mobile and able to work in an office, a cubicle, a bench—virtually anywhere. In fact, studies show that employees are often at their desk less than 50% of the work day. “They can choose a different workplace. It’s about moving around. It’s not healthy to be sitting in one place stationary all day long.”

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