Reston Spring

Reston Spring
Reston Spring

Friday, May 24, 2013

One Forecast of Shrinking Office Work Space

InSiteSF, a San Francisco commercial real estate blog, reports the following from a presentation at a recent real estate seminar:

At a recent CORFAC seminar in Las Vegas, I had the opportunity to hear Chris Lee of CEL & Associates, Inc present an intriguing overview of the U.S. commercial real estate market. Among the nuggets that pertain specifically to the office market:
  • The amount of office space per worker could shrink to 50sf – 75sf, and 25% of workers will be “Club” employees
  • Office buildings will shift from 8 to 6 to 24/7 activity centers
  • “My Place” will replace “My Space” as workers seek opportunities to create virtual offices, connective portals and “swarming” venues
  • Office space will be leased by units of consumption rather than square footage
  • Future leasing decisions will be made by the Director of Human Resources to reduce growing generational conflicts and enhance worker productivity
  • Moveable, “intelligent” walls will replace fixed offices. Windows will have electro-chromic glass which turn them into multi-touch screens
  • “Pop-Up” workplace cubicles, exercise and/or ergonomic office furniture and pink noise systems will be commonplace.
Will office buildings “function more like a Marriott and operate like Sabre”?
Wow! . . but Fairfax planners continue to assert that office space per worker is 300 square feet.  

No comments:

Post a Comment

Your comments are welcome and encouraged as long as they are relevant, constructive, and decent.