Media

How To Select Office Space In The New Era Of Work

Picking out the perfect office space has always been a complicated decision, but it’s become much more difficult in recent decades. For the majority of human history, companies selected their space based on the headcount of employees they needed to support. Every employee came into the office to complete their tasks, and was hired with the expectation that they would…

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Why Your CFO Must Drive Commercial Real Estate Decisions

It’s common for companies to hire either outside consultants or a real estate director to manage their commercial real estate decisions, but this often ends in disaster, especially if they are not properly guided. While yes, real estate directors may have specialized knowledge about the real estate market, it’s critical that someone who is knowledgeable of both the financial capabilities…

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How Michigan Law Firms Can Successfully Navigate an Office Relocation

Moving your law firm can be pricey, challenging, and risky. Problems may include deteriorating team morale, getting locked in to a long-term lease that doesn’t work for the firm, and spending more money than necessary. Firms that do it right in Michigan not only lock in efficient space at economic terms supported by the firm’s overall business plan, but also…

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Another Look At Bar Association Moves And Remodels

When relocating, think about culture and space differently Law offices have changed dramatically over the past few years, with the elimination of traditional law libraries and mountains of paper files, and so have the offices of bar associations. Not only do recent advances in technology and communication make old offices obsolete, but law firms, bar associations, and other organizations are…

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Four Mistakes Universities Make When Expanding Their Campus

Certain colleges and universities across the country are making plans in 2014 to expand their campus footprint and acquire more real estate. The question is, how do they carefully manage the potential challenges and risks, and implement a successful and efficient plan? It’s a topic that I know very well: Large and small colleges – both for-profit and nonprofit –…

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Veracen Partners Among Pack of New Leases at 250 West 55th Street

Veracen Partners is among a set of several new tenants to take space at Boston Properties’ 250 West 55th Street, signing a 10-year, 11,263-square-foot lease for a portion of the 16th floor at the 38-story tower. CBRE, which represented the landlord, announced the lease concurrently with a 7,196-square-foot deal with RTW Investments & LifeSci Capital and a 4,806-square-foot Coltrane Asset…

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