Tag: Office space

JLL Report: $1 Trillion Needed to Revitalize Office Space at Risk of Obsolescence

Of the 776 million square meters of existing office space across 66 markets globally, about half of that space, or 322-425 million square meters, is likely to require substantial investment to remain viable in the near term—an investment of approximately $933 billion-$1.2 trillion in spending. That’s according to JLL’s latest research, “Opportunity Through Obsolescence.” The […]

They’re Back, but Is Your Workspace Employee Friendly?

Remember the days when many team members were in the office? Well, they’re back, and it may come as no surprise they’re not always excited about returning to their old/new workplaces. Almost every day, there’s another headline covering a CEO calling employees back to the office. Even the U.S. Department of Labor ordered its remote […]

Expert Q&A: Controversial Return-to-Office Mandates and the Future of Work

Return-to-office (RTO) mandates have become a hot topic, with major corporations like Amazon Web Services (AWS) and Dell insisting employees work on-site. However, Amazon’s hardline policy on returning to the office or else is being met with resistance, and other companies are considering their options. In a recent Q&A released by the University of Tennessee, Knoxville’s Haslam College of Business, Tim […]

The New Era of Office Security: Leveraging Technology for Safety and Efficiency

Today’s workplaces are always changing. With decentralized offices, increasing visitor numbers, and constant security worries, facilities managers have their hands full. Manual processes and old-school security systems just can’t keep up, leading to vulnerabilities and bottlenecks. Traditional tools create blind spots in data and security, limit space optimization, and hinder effective resource planning. Thankfully, technological […]

The Role of People Counters in Smart Building Management

Smart building technologies have revolutionized how facilities managers approach efficiency, safety, and productivity. The increasing popularity of smart buildings has illustrated a pressing need to adapt to the changing needs of individuals and businesses in an ever-evolving industry. Among the many innovations that have gained traction in recent years, people counting systems have emerged as […]

Citi HQ Becomes World’s Largest Healthy Building to Earn Top WELL Certification

The International WELL Building Institute (IWBI) and Citi announced that the banking giant’s global headquarters in New York City achieved a health leadership milestone by earning WELL certification at the Platinum level. The 2.6 million square-foot building in Manhattan’s Tribeca neighborhood is now the world’s largest WELL-certified office space and the largest building to earn Platinum status. Developed […]

Global Demand Grows for Commercial Building Automation Controls

By automating technologies such as HVAC, lighting, fire and life safety, and security and access controls, building owners and facilities managers have realized they can achieve benefits such as more efficient energy consumption, increased response times to emergencies, and a healthier occupant environment. According to a new report from Guidehouse Insights, revenue attributed to commercial […]

The Importance of Advanced Access Control in Modern Hybrid Offices

As businesses continue to embrace digital technologies, the modern office faces heightened security challenges. The COVID-19 pandemic accelerated remote work, but now many companies are reversing this trend, requiring employees to return to the office either full-time or part-time. In this changing environment, facilities managers must adjust to hybrid work attendance patterns, making access control […]

Businesses Bet Big on Data Analytics and Integrated Worktech

In today’s hybrid work landscape, organizations are striving to strike the perfect balance between boosting operational efficiency and fostering robust employee collaboration. Leaders are actively seeking ways to seamlessly integrate their diverse software tools and processes. While they embark on integration initiatives, they are working to optimize building and facility costs with advanced data strategies […]

Time to Update? Tech Office Spaces in the Hybrid Work Era

North American tech companies, once the vanguard of workplace innovation, are still catching up to new work patterns. With average peak utilization not exceeding 34% in tech offices, up to $40 million in rent costs are wasted annually on underused space. That’s according to a new report from international design practice Hassell and workplace analytics company Density. The State […]