Showing posts with label State of the Office. Show all posts
Showing posts with label State of the Office. Show all posts

A Look Back at the CRE Events from 2013

The Real Data Management team attended several industry events in 2013.  Whether it involved technology in real estate, the future of a notable location or the state of an area market, you could count on the RDM blog to get a detailed recap from any industry event.

While we gear up for the upcoming events in 2014, why not take a moment to look back at the events the RDM team attended in 2013.

Highlights from Bisnow’s Future of Downtown Event

More than 300 real estate professionals were present to hear what has changed in the downtown area of NYC in the past few years and what they can expect to see as the area continues to evolve...Read More
 

What We Heard at WX's Reshaping Manhattan's West Side

The panel discussion focused on how Hudson Yards Redevelopment will reshape the New York's skyline and impact market structure and business growth throughout the West Side...Read More
 

The 2013 CRE Investment Summit Recap

The annual event provides workshops and panels on the acquisition, disposition, financing and development of Commercial Real Estate properties in the NY Tri-State area...Read More

RDM Goes to D.C. for Bisnow's State of the Market Event

Leaders in commercial real estate gathered to assess the overall state of the market, as well as key trends and issues which lie ahead in the coming year...Read More 

What Makes the "Office of the Future"?

At Bisnow’s NY Office of the Future Event, panel speakers shed light on the driving factors luring major tech/creative companies into NYC, and the steps CRE developers and owners are taking to ensure these companies stay long-term...Read More
 

The West Side Has Arrived

Panelists came together to discuss the current projects which will transform the area from a collection of warehouses to a thriving neighborhood of offices, residential buildings and hotels...Read More
 

What We Heard: The NY Investment Summit

Some of the leading national and local figures in real estate take a look at the equity and debt markets...Read More
 

What We Heard: NYC Sustainability Summit

The event brought together leading real estate and environmental experts who analyzed the challenges and opportunities for firms looking to enhance their environmental policies...Read More

What We Heard at DC's State of the Office

RDM proudly sponsored, the 2nd Annual DC State of the Office event which brought together an all-star panel of real estate professionals who are dictating the state of the DC office market and reshaping the future of office development...Read More
 

What We Heard: NY State of the Market

RDM sponsored the 5th Annual NY State of the Market event which brought together the top real estate figures of New York, as well as top national figures, who spoke about the current state of the market and key trends...Read More 

What We Heard: NYC Tech Revolution

The event examined the impact of technology innovations in the commercial real estate industry within New York City...Read More
 

What We Heard: Future of Brooklyn

The event brought together the top real estate figures of who spoke about one of the hottest and fastest growing markets...Read More
 

What We Heard: The Future of Downtown Manhattan

Bisnow’s 3rd Annual Future of Downtown Manhattan event brought together the professionals working behind the scenes to reshape the landscape of downtown Manhattan...Read More
 

What We Heard: NYC Property Management Summit

Bisnow’s NYC Property Management Summit brought together an all-star panel of owners and property managers to discuss the challenges, opportunities, efficiencies and sustainability efforts within the property management industry...Read More

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What We Heard at DC's State of the Office

RDM’s VP of Sales and Marketing was in attendance at Bisnow's 2nd Annual DC State of the Office conference. The event, which RDM proudly sponsored, brought together an all-star panel of real estate professionals who are dictating the state of the DC office market and reshaping the future of office development.

The panel included DC area real estate professionals from Brookfield Office Properties, Federal Capital Partners, The Tower Companies, Jones Lang LaSalle, Gensler, MRP, Winmar Construction and Vornado.

First Panel

- Creighton Armstrong (JLL) - Tenants in DC are looking for smaller spaces in order to maximize on efficiencies.

- Jeff Barber (Gensler) - A one size type building doesn't fit all now; think tech company vs law office. 

- Edwin Villegas (Winmar) - Landlords are now more willing to bring change to their buildings to attack and retain tenants.

- 60% of tenants are renewing in DC, it is important to have a long term plan with a tenant to keep them engaged with the property.

- You can't miss on "focus" workspace when designing a space.

- Office space can be "cool" as long as it makes sense and the space will be used. It is also important to get clients onboard with using this type of space; if they aren't educated on the amenities they may overlook them.

- Creighton - Larger tenants over 40000 SF put time in with finding space and have shifted to finding newer space options in DC.

- Breaking up space creatively can provide a new identity for an older building.

Second Panel

- Eric Posner (Tower) - The biggest challenge for Tower’s portfolio is giving second life to older projects.

- David Bevirt (Brookfield) - A challenge in downtown DC is figuring out how to process commodity office space to max its value.

- Ryan Wade (MRP) - Land value in DC has appreciated so much that overtime commodity A office space will fill as space availability shrinks.

- Wade says it will take 20 to 30 years to turn Tyson's Corner into a place where people want to live as well as work.

- DC will eventually require buildings to provide numbers on their energy usage which will force owners to place a bigger emphasis on sustainability.

- The GSA will continue to look for cost reduction and efficiencies. This is putting a tremendous amount of pressure on all commoditized space.

- Rents in DC area will probably remain moderately flat until supply is sorted out.

- Some sub markets will suffer greatly b/c of oversupply of commodity space in DC area.

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