Must-Have Amenities for Office Tenants
Posted: April 06, 2018 at 12:00 AM by Anna Jotham
To attract office tenants to your commercial property, you have to stay on the cutting edge of emerging trends. Having the right amenities in your office space can mean the difference between securing a great, long-term tenant for your investment property or losing out to newer, trendier spaces with better amenities. The key, of course, is knowing what office tenants are looking for, and what the talent they are looking to recruit desire as well.
It can be hard, if not impossible, to guess what the next generations of talent want in their workplaces, and subsequently what the business world wants in their office spaces to attract and retain that talent while getting their business up to top speed. So we’ve taken the guesswork out of the process for you.
ESSENTIAL AMENITIES TO ATTRACT OFFICE SPACE TENANTS TODAY
- Coworking areas, open spaces and informal work zones
As they discover the value of different work styles and productivity models, many employers are thinking outside the cubicle these days. CCIM says private offices are getting smaller, and they’re being replaced by common spaces. Coworking spaces allow staff to interact with one another and have just-in-time conversations. Informal spaces for work are valued too; they might include attractive café-like settings, a creative outdoor space or seating areas with comfy couches. And open, flexible spaces can spice up social events after-hours, training sessions or company-wide meetings.
- Life services and convenience offerings
As the lines between work and life get further blurred, workers value the ability to take care of their life needs in a way that’s close and convenient. For office tenants, that means exploring amenities that support those needs, by offering concierge services, banking, dry cleaning, mailing services, fitness facilities, on-location day care and personal care and stores.
Business today depends on digital readiness, and dial-up isn’t going to do it. Tenants are looking for spaces that ensure smooth, problem-free communication, including cell coverage, high-speed internet coverage and wireless offices. The potential risk to a tenant entering a long-term lease is huge, so before signing a lease, tenants may wish to confirm that they have the tech solutions they need, via certification services. Savvy investment property owners may want to get certified beforehand to alleviate potential tenant concerns. Tenants will also want the ability to use their cell phones, which can be tough depending on the nature of the building. For large spaces and high-rises, experts say a distributed antenna system (DAS) can allow for problem-free cell service and wireless internet throughout, according to John Dempsey, a principal of commercial development company CA Ventures.
- Stay, relax and play amenities
Workers today tend to be more productive when relaxation is worked into the day, according to Coldwell Banker Commercial. So, creating a soothing atmosphere with plants, calming colors and fresh indoor air can be a draw. More, tenants in 2018 also want space where staff can play, so common areas with space for ping-pong and other games, or event an on-location bar area, may be beneficial.
Competing for Commercial Office Space Tenants with Modern Amenities
To remain a viable competitor in the commercial real estate industry, it’s essential to stay abreast of these trends. While it isn’t realistic for most developers or investment property owners to adopt all of these amenities into their properties, thoughtful consideration and careful selection can make a big difference when it comes time to find a new tenant.
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