Offering more than 450 workstations, Mindspace Downtown Miami will occupy three full floors at the 30-story Class A office building.
A lack of available flex supply will hamper the ability of companies to offer the opportunity to work from anywhere in the coming years.
A wave of consolidation has begun, with industry leaders such as WeWork, IWG, and Industrious buying up smaller competitors.
Daniel Hurwitz has more than three decades of experience transforming public and private businesses in the retail real estate industry.
CRE’s role in understanding and procuring flexible solutions in all markets will be an increasingly critical component of any portfolio strategy.
Co-warehousing is a practical solution that allows companies to store inventory without having to purchase or lease an entire facility.
Nationwide, offices in the 10 largest U.S. cities with buildings tracked by Kastle Systems are hovering around 40% occupancy.
In the last year, Deloitte has retracted nearly 250,000 square feet of office space from its investments in London.
The vast amount of non-owner occupied space in Manhattan indicates the New York office market may never fully return to pre-pandemic levels.
With 30% of global office inventory projected to become flexible by 2030, landlords are now seeing the value of flex space for their portfolios.