Millennials Making a Unique Mark on Office Space

Milton Park includes two, class A office buildings totaling 319,000 square feet. It’s the office component of one of suburban Atlanta’s first walkable live-work-play, master plan communities.m Milton Park includes two, class A office buildings totaling 319,000 square feet. It’s the office component of one of suburban Atlanta’s first walkable live-work-play, master plan communities.m

ATLANTA—When it comes to Millennials, there’s little argument that this demographics’ impact on commercial real estate will be as huge—if not greater—than Baby Boomers. However, the impact won’t be the same as their parents. For all the talk about dwellings, Millennials are making a unique mark on officing.

Recognizing that Millennials are now the largest demographic in the workforce and have distinct preferences about their work environments, companies are evaluating their approach to office real estate, Tere Blanca, CEO of Blanca Commercial Real Estate, tells GlobeSt.com. She sees companies adopting new design standards for their office spaces to attract and retain quality millennial talent by adopting the open, collaborative workspaces millennials prefer. As they do, she says, they are finding that all executives and employees—not only Millennials—quickly embrace and appreciate these new standards.