{"id":21666,"date":"2023-02-03T13:16:27","date_gmt":"2023-02-03T13:16:27","guid":{"rendered":"https:\/\/www.anthonydidonato.net\/wordpress\/?p=21666"},"modified":"2023-02-03T13:16:28","modified_gmt":"2023-02-03T13:16:28","slug":"more-offices-lease-trophy-spaces","status":"publish","type":"post","link":"https:\/\/www.anthonydidonato.net\/wordpress\/more-offices-lease-trophy-spaces\/","title":{"rendered":"More Offices Lease \u2018Trophy Spaces\u2019"},"content":{"rendered":"\n

More businesses are hoping upscale workspaces will lure workers back to the office, hunting for new spaces or looking to upgrade existing ones with amenities and perks such as custom-built lounges, game rooms with ping-pong tables and foosball, outdoor space that includes dining areas with fire pits, upgraded ventilation and sanitation systems, and apps that allow workers to contact building security or order food instantly.<\/p>\n\n\n\n

\u201cIt\u2019s all about how do we as landlords create an environment that gives their tenants and their employees no excuses not to show up,\u201d Jeff Eckert, the head of JLL\u2019s U.S. office landlord representation business, told The Wall Street Journal<\/em>.<\/p>\n\n\n\n

Amenity-rich headquarters and office spaces are driving a rebound in the sector. Leasings had plummeted early during the pandemic as remote work took root. The office vacancy rate is still at 16.8%, the highest since 2010, according to CBRE.<\/p>\n\n\n\n

Now, as companies set up for a return, they are realizing they may need to entice employees to come back to the office.<\/p>\n\n\n\n

\u201cThe top of the top has just gone crazy,\u201d adds Mary Ann Tighe, chief executive for the New York region of the CBRE Group Inc., a real estate firm.<\/p>\n\n\n\n

At 730 Third Ave. in New York, the owners, Nuveen Real Estate, are upgrading the space to woo workers back. The building includes outdoor terraces, a food hall, and a fitness center\u2014and two beehives on a seventh-floor terrace for bees to produce honey for workers to take home for free. A lounge area also offers two full-swing simulators to hit a real golf ball to play virtual golf. They\u2019re also hosting karaoke nights and wine tastings and offering electric scooters.<\/p>\n\n\n\n

\u201cIt\u2019s about making tenants comfortable,\u201d Brian Wallick, director of New York investments, office and life science for Nuveen, told the Commercial Observer. \u201cCertainly with what\u2019s gone on in the last one to two years, you need to have amenities in your building that excite people who are coming back to the office.\u201d<\/p>\n\n\n\n

The law firm Venable LLP recently signed a New York City lease for five floors to upgrade its space to win back its employees. Its new space in New York will include a private balcony with a view of the Empire State Building and a cafeteria with a menu overseen by star chef Charlie Palmer.<\/p>\n\n\n

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Image by StartupStockPhotos<\/a> from Pixabay<\/a><\/figcaption><\/figure>\n<\/div>\n\n\n

\u00a9National Association of REALTORS\u00ae
Reprinted with permission<\/p>\n","protected":false},"excerpt":{"rendered":"

More businesses are hoping upscale workspaces will lure workers back to the office, hunting for new spaces or looking to upgrade existing ones with amenities and perks such as custom-built lounges, game rooms with ping-pong tables and foosball, outdoor space that includes dining areas with fire pits, upgraded ventilation and sanitation systems, and apps that … <\/p>\n

Continue reading<\/a><\/p>\n","protected":false},"author":1,"featured_media":0,"comment_status":"closed","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[16,8],"tags":[5,32,4,9],"class_list":["post-21666","post","type-post","status-publish","format-standard","hentry","category-news","category-real-estate-tips","tag-anthony-didonato","tag-news","tag-real-estate","tag-tips","item-wrap"],"yoast_head":"\nMore Offices Lease \u2018Trophy Spaces\u2019 - Real Estate Agent and Sales in PA - Anthony DiDonato Broomall, Media, Delaware County and surrounding areas in Pennsylvania<\/title>\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<link rel=\"canonical\" href=\"https:\/\/www.anthonydidonato.net\/wordpress\/more-offices-lease-trophy-spaces\/\" \/>\n<meta name=\"twitter:label1\" content=\"Written by\" \/>\n\t<meta name=\"twitter:data1\" content=\"admin\" \/>\n\t<meta name=\"twitter:label2\" content=\"Est. reading time\" \/>\n\t<meta name=\"twitter:data2\" content=\"2 minutes\" \/>\n<script type=\"application\/ld+json\" class=\"yoast-schema-graph\">{\"@context\":\"https:\\\/\\\/schema.org\",\"@graph\":[{\"@type\":\"Article\",\"@id\":\"https:\\\/\\\/www.anthonydidonato.net\\\/wordpress\\\/more-offices-lease-trophy-spaces\\\/#article\",\"isPartOf\":{\"@id\":\"https:\\\/\\\/www.anthonydidonato.net\\\/wordpress\\\/more-offices-lease-trophy-spaces\\\/\"},\"author\":{\"name\":\"admin\",\"@id\":\"http:\\\/\\\/www.anthonydidonato.net\\\/wordpress\\\/#\\\/schema\\\/person\\\/964792b6994e8cc4cbddc36ad4824908\"},\"headline\":\"More Offices Lease \u2018Trophy Spaces\u2019\",\"datePublished\":\"2023-02-03T13:16:27+00:00\",\"dateModified\":\"2023-02-03T13:16:28+00:00\",\"mainEntityOfPage\":{\"@id\":\"https:\\\/\\\/www.anthonydidonato.net\\\/wordpress\\\/more-offices-lease-trophy-spaces\\\/\"},\"wordCount\":404,\"publisher\":{\"@id\":\"http:\\\/\\\/www.anthonydidonato.net\\\/wordpress\\\/#\\\/schema\\\/person\\\/964792b6994e8cc4cbddc36ad4824908\"},\"image\":{\"@id\":\"https:\\\/\\\/www.anthonydidonato.net\\\/wordpress\\\/more-offices-lease-trophy-spaces\\\/#primaryimage\"},\"thumbnailUrl\":\"https:\\\/\\\/www.anthonydidonato.net\\\/wordpress\\\/wp-content\\\/uploads\\\/2023\\\/02\\\/office-gc463f5e95_640.jpg\",\"keywords\":[\"Anthony DiDonato\",\"News\",\"Real Estate\",\"tips\"],\"articleSection\":[\"News\",\"Real Estate Tips\"],\"inLanguage\":\"en-US\"},{\"@type\":\"WebPage\",\"@id\":\"https:\\\/\\\/www.anthonydidonato.net\\\/wordpress\\\/more-offices-lease-trophy-spaces\\\/\",\"url\":\"https:\\\/\\\/www.anthonydidonato.net\\\/wordpress\\\/more-offices-lease-trophy-spaces\\\/\",\"name\":\"More Offices Lease \u2018Trophy Spaces\u2019 - 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