Tag: fitness center

The Need to Create Engaging Wellness Centers Across Facility Types

Rising costs and concerns about inflation have turned tenants and guests into savvy, budget-conscious consumers. Whether managing multifamily properties, office buildings, or hotels, facilities management professionals face increasing pressure to justify every dollar spent on amenities. Every offering must deliver real, measurable value that convinces tenants their money is well spent, regardless of the property […]

The Rise of Office-to-Amenity Conversions in Commercial Real Estate

Offices are increasingly vacant. According to Moody’s Q2 2024 CRE trend report, office vacancy rates have exceeded 20% this year as businesses reduce their space or leave the office entirely, driven by the continued demand for hybrid work. In response, building owners and facility leaders are under increased pressure to offer enhanced amenities, to help […]