Over the past decade there has been a move to seriously squeeze-down office square footage per person, to the point where life in the office is almost as bad as the squeeze we suffer in airline seats. Not surprisingly, more companies are realizing that the cost savings of the “squeeze factor” often has diminishing returns in worker productivity. This is prompting businesses to begin to design offices spaces with increasing square footage providing more shared spaces.
The Wall Street Journal reported yesterday that design firm Ted Moudis Associates analyzed 2.4 million square feet of projects they are managing, and found that many companies are expanding the selection of alternative places to get work done such as cafe and kitchen areas, informal living room spaces and quiet zones. The game has changed on the office front, but the challenge is that changes, even if authorized by management, will take at least a year to implement.
Job Listings
THE MICHAELS ORGANIZATIONController
(LODI, CA)
Controller will oversee all financial and accounting activities for the organization. Responsible for budget management, financial analysis, forecasting, investor reporting, financial modeling and financial reporting.
BRENNAN INVESTMENT GROUP
Senior Property Accountant
(ROSEMONT, IL)
Want to continue reading?
Become a Free ALM Digital Reader.
Once you are an ALM Digital Member, you’ll receive:
- Breaking commercial real estate news and analysis, on-site and via our newsletters and custom alerts
- Educational webcasts, white papers, and ebooks from industry thought leaders
- Critical coverage of the property casualty insurance and financial advisory markets on our other ALM sites, PropertyCasualty360 and ThinkAdvisor
Already have an account? Sign In Now
*May exclude premium content© 2024 ALM Global, LLC, All Rights Reserved. Request academic re-use from www.copyright.com. All other uses, submit a request to [email protected]. For more information visit Asset & Logo Licensing.