This Week’s Recommended Reading

by CoyDavidson on April 21, 2017

Costs Force Law Firms Into Less Extravagant Offices
Office occupiers are reworking their real estate strategies to remain competitive and appeal to workers’ changing preferences (especially as the search for qualified talent intensifies). Law firms are no exception.The legal industry has been under pressure to implement cost-cutting initiatives, which includes reducing its second-largest expense: real estate… Bisnow

IBM to take entire WeWork building in landmark deal
IBM has agreed to sign a membership deal for all desks in WeWork’s 88 University Place, in the first reported case of a single corporation taking an entire WeWork space in New York. The deal comes as WeWork tries to extend its appeal beyond startups and freelancers into the lucrative market for corporate clients… The Real Deal

The Rise of the CIO / CTO in Real Estate
The race to digital transformation in real estate business and operations is well under way, resulting in CRE organizations integrating and elevating the roles of key members of their leadership team – namely the Chief Information Officer (CIO) and Chief Technology Officer (CTO). These executives have experienced an accelerated evolution in their roles over the past few years. They’re now responsible not only for the strategic… Honest Buildings

How To Create Office Space That Truly Encourages Collaboration
“Collaboration” as a buzzword is getting as old as “value engineering”; however, the inherent concept is increasing in importance. All of our clients, from start-up tech companies to decades-old law firms, are realizing the value of collaboration among their employees as well as with their clients. LinkedIn is a trailblazer in this respect and I had the privilege of touring their new San Francisco headquarters last year… Anita Turner

London and Paris Top the List of European “Cities of Influence”
When you picture the most influential cities in Europe, the major capitals and metropolitan hubs likely come to mind. But do you know how these cities actually stack up in terms of talent, location and cost — several of the key factors that determine how attractive an office market is? Colliers’ Cities of Influence index scores 20 European cities… Knowledge Leader

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This Week in the Economy

April 21, 2017

Stocks End the Week Higher All three major stock indexes ended higher for the week. The Dow gained 0.46% for the week, the S&P 500 advanced 0.85% and the NASDAQ rose 1.82% for the week Economic Indicators March jobless rates down in 17 states U.S. Rig Count is up 10 rigs from last week to […]

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This Week in Healthcare Real Estate

April 20, 2017

Healthcare Real Estate News from Across the Web Past Peak: The Market for MOBs Is Slowing Down Amid Uncertainty Days after Republican legislators pulled the American Health Care Act (AHCA) from the House floor, acknowledging they lacked the votes necessary to pass it, U.S. House Speaker Paul Ryan signaled he will continue efforts to repeal […]

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Fed Beige Book: CRE Construction Strong While Leasing Activity Improved at Modest Pace

April 19, 2017

Fed Reports Moderate to Modest  Economic Expansion Across Districts Economic activity increased in each of the twelve Federal Reserve Districts between mid-February and the end of March, with the pace of expansion equally split between modest and moderate. In addition, the pickup was evident to varying degrees across economic sectors. Manufacturing continued to expand at […]

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Houston Office Market Report | Q1 2017

April 12, 2017

Houston Office Construction Down 50% from One Year Ago Houston’s office market has struggled over the past few years with rising vacancy and slower than average job growth due to a weakened energy market. However, as the office construction pipeline has grown smaller and most spec developments have been put on hold, the office market […]

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