The Most Viable West Coast Cities for Startups

The idea that Silicon Valley is the proverbial bread basket of business innovation and disruption is finally, thankfully, squarely in the rear view mirror.

According to the 2017 Kauffman Index of Growth Entrepreneurship, startup growth is exploding nationwide – and well away from the Bay Area. That’s good news for business owners seeking affordable commercial real estate without sacrificing a chance at a potent and experienced talent pool.

However, the west coast continues to dominate the startup scene, with cities like Seattle, Portland, Los Angeles, and even San Diego (yes, San Diego) coming online and competing with Silicon Valley for the latest and greatest business ideas and innovations. There are plenty of reasons to consider each of the following cities when considering an expansion or setting up shop for your latest business endeavor, but it’s ultimately up to you to make it a reality no matter where you end up.

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Life in Austin: How Commercial Real Estate Influences this Texas Powerhouse

Despite the ever-advancing wave of globalization in this connected world, no two cities are the same. While many share similar economic and development trends to cater to new and burgeoning industries, their location, culture, and specializations tend to affect the shape of a city’s future more than any other factor – save one.

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Market Zoom: 10 Big Phoenix Office Deals That Closed in 2018 (So Far)

Office deals in Phoenix in the first quarter of 2018 were white hot, with a number of large sales and leases taking place. According to CBRE, the net absorption in the Phoenix office market reached 154,716 square feet with nearly 1.3 million square feet of gross absorption. 

Let’s take a closer look at a few of the big Phoenix office deals that closed at the beginning of 2018. 

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Don’t Forget These Five Must-Haves When Signing an Office Lease

You have found the perfect office space for your company and now it’s time to sign on the dotted line and make it official – but what things should you ensure that you have in that office lease? After the ink has dried on the lease, there is no turning back, so make sure you don’t forget these five must-haves when signing an office lease.

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Effective Strategies for Marketing Your Office in the Collaborative Workspace Genre

The way the workforce, particularly millennials, want to work is pressuring more companies to harbor office space that speaks to a more collaborative setting. The traditional cubicle life is no more and well-designed spaces are stepping in to take its place. Even if your current office space is not collaborative, there are effective strategies that you can implement to market your space to the collaborative workforce.

Understand a Younger Design Aesthetic

Office environments need to combine open floor plans with many gathering spaces and specialty spots, such as sound-proof conference rooms and spaces that employees can move freely between throughout the day. Even if your office has a traditional layout, you can still enforce collaboration by encouraging employees to operate out of some of your current meeting spaces. The greater face-to-face interaction, the more likely you will see an increase in collaboration.

Have a Start-Up Mindset

Maybe your office space isn’t a true collaborative layout, but that does not mean that collaboration isn’t possible. By using a fresh approach to promote a workspace that emphasizes a solutions-first mindset and innovation, you can implement cutting-edge technology that helps build flexibility and can change the spaces you occupy. Technology can help to connect all of your employees together, even if the layout of your office doesn’t allow for that. Tech like Zoom conferencing, Slack and many others can help to keep the office cohesive.

Tear Down the Walls

Opting for low walls and clusters of workstations that are smaller can encourage collaboration and utilize space more efficiently. Small conference rooms and huddle rooms can also help bring employees together for meetings, etc. An open concept floor plan is easy to accomplish when you tear down walls and join employees together. You don’t need to completely alter the look of your interior, but you do need to open the floorplan up to increase the flow of the office space.

Keep Things Flexible

Remote technology can enable employees to work and collaborate remotely. Google Hangouts, Google Docs, Dropbox and Evernote can all help encourage collaboration even in a traditional workspace. These products can also allow for employees to work from home and have greater flexibility. You can try to implement greater flexible technology to help increase collaboration within the workspace.

Amenities that Wow

Attracting a collaborative workforce is easy when you have a lobby and space that both welcomes and impresses. A closed-in office with dark furniture will deter any kind of collaborative group. These groups need amenities such as on-site gyms, on-site cafes and work spaces that are large enough for groups to gather and work together. Even in a non-collaborative office property, you can help encourage collaboration just by being creative with amenities and the overall design of the space.

It Just Got Even Easier to Add Listings to OfficeSpace.com

While it has always been free and easy to add your listings to OfficeSpace.com, we’re excited to announce that it just got even easier!

Over the last couple of weeks, you may have been contacted about sending us your flyers, personal websites, or adding us to your e-blast. We now have a dedicated team that will update your listings at no cost or disruption to you. Simply send us your flyers, email us your company websites, or add us to your e-blasts – we’ll take care of the rest.

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One Broker’s Enduring Entrepreneurial Spirit

Big Payoff with Tenant Connect for a MBA grad turned CRE broker.

Company: Berkshire Hathaway HomeServices Commercial Division
Markets: Cincinnati, Columbus, Cleveland, Dayton OH
Results:
– 60 closed transactions
– $250,000+ in revenue
– 30% revenue growth
– Increased tenant rep more than two fold

 

As an MBA graduate with an extensive business background in Finance and Operations, David Mussari is no stranger to entrepreneurship. In fact, it was his interest in entrepreneurial opportunities that became the catalyst for his development as a commercial real estate broker.

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New Partnership Brings Commercial Property Data to EDOs

We’re excited to announce that OfficeSpace.com has joined forces with Community Systems, a leading technology company dedicated to the economic development industry. Through this partnership, OfficeSpace.com‘s commercial listings will now be exclusively featured on economic development organization (EDO) websites across the country and visible to thousands of site selectors, brokers, and companies seeking commercial property data nationwide. 

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