Workers have become accustomed to technology solving challenges (credit: Dodge Data and Analytics).
SAN FRANCISCO—With the unemployment rate at 4%, employees have choices. And amid the multitude of office revamps these days, such as eliminating company cafeterias to encourage restaurant patronage and one would assume simply walking outside, many companies are taking a cold hard look at just what employees want in office space.
“With unemployment below 4%, companies are focusing on making smart decisions about their space– decisions that keep their employees happy and engaged,” said Revathi Greenwood, Americas head of research at Cushman & Wakefield. “Landlords are playing a critical role as well–ensuring their buildings stay competitive with a good mix of amenities and affordable parking, and of course concessions where necessary to attract top tenants.”
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Lisa Brown
Lisa Brown is an editor for the south and west regions of GlobeSt.com. She has 25-plus years of real estate experience, with a regional PR role at Grubb & Ellis and a national communications position at MMI. Brown also spent 10 years as executive director at NAIOP San Francisco Bay Area chapter, where she led the organization to achieving its first national award honors and recognition on Capitol Hill. She has written extensively on commercial real estate topics and edited numerous pieces on the subject.
