Repositioning & Landlord Services
Stranded assets will continue to offer owners and developers opportunities to create low carbon, equitable, and sought-after mixed-use districts.
As competition for Class A office space intensifies, owners and developers will have an opportunity to convert older under-performing office buildings into mixed-use destinations. By leveraging the right repositioning strategies and public-private partnerships, these districts can also meet the climate, housing, and workplace needs that many city managers and tenants are demanding.
Shared amenities can benefit underperforming assets and build community goodwill.
Asset owners are increasing offerings to retain or attract tenants; however, the cost can be substantial. By creating shared amenities, such as cafes, coworking, grocery, and retail on the ground plane, building owners can collaborate and generate revenue while supporting residents, tenants, and visitors.
Coworking and spec suites will continue to surge as variable office space evolves.
As the traditional office leasing model is disrupted, asset managers are embracing branded coworking and spec suites as a flexible lease strategy while portfolios continue to be evaluated.
Well-being, fitness, and access to the outdoors will continue to attract tenants.
Health remains a top priority for building tenants and residents, putting wellness amenities at the top of everyone’s list. Developers will find success with a range of space types, including basketball courts, outdoor tracks, and workout rooms, all of which can be supported by on-demand class schedules, fitness coaches, massage therapists, and nutritionists.