Houston executive suites address some leasing-related problems

The costs of starting a new business fall into two primary categories - one-time launch-related commitments (office equipment, consulting services) and ongoing expenses (office space lease payments, salaries, insurance). With cash flow a constant concern for Houston businesses, one strategy for boosting their financial capital is shifting up-front launch expenses to monthly costs, which is why some businesses may opt to lease office equipment or enter a short term lease with one of the many Houston executive suites.

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NYC Office Space of the Week: Enterproid

This week's featured NYC office space is the home of Enterproid, the creators of an enterprise mobile platform called Divide. It is literally the greenest office I have ever been in. Their company color is green and it is everywhere from the walls to the bean bag chairs to the color of the cotton candy. In case there was any doubt how serious they are about their color scheme, everyone who works there is given a green watch. Nice company schwag!

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Magic Johnson purchases commercial real estate in Houston to include Class A Office Space

Long-time Houstonians likely remember Magic Johnson as the Los Angeles Lakers Hall of Fame point guard who, despite his impressive resume, lost twice to the hometown Rockets during the 1980s. Since his retirement, Johnson has continued to support the city of Los Angeles, as evidenced by his recent ownership stake in Major League Baseball's Dodgers, but now Houston too may be benefiting from Johnson's leadership.

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Employment figures, culture help Houston win Forbes coolest title, impacts market to rent Houston office space

Does it make sense for business owners who rent office space in Houston to keep renewing short term office space leases when the city continues to remain one of the fastest-growing metropolitan areas in the country, and a long-term investment is likely to be just as beneficial? Following Forbes Magazine's recent naming of Houston as the "America's Coolest City," its profile continues to tick upward.

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Infographic - Are Open Space Office Plans Good For Business?

Many prospective tenants who contact us ask us about open space office plans and whether it's the right fit for their business. Usually they are only focused on one key element: cost cutting. Although this is one of the considerations when thinking about moving to an open space office plan, there are other benefits as well. Of course, there are cons as well, but that is a post for another day.

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Hashrocket | Office Space Of The Week | Innovative Creative Commercial Space

This week we show you the Jacksonville headquarters of Hashrocket, some of the developers behind TheSquareFoot and many other awesome Ruby On Rails websites. Known as one of the premier development firms of its kind nationally, Hashrocket's Jacksonville, Florida office sits right on the beach (in Jacksonville Beach) and has a ton of natural light and wide open spaces. This is a great example of an office space fitting the company and its ethos perfectly.

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Need Workspace For A Day? Check Out Desks Near Me

In the rapidly evolving commercial real estate world, we’re seeing more and more startup companies trying to streamline the industry. From making it easier for tenants to search and find available office spaces that match their specific needs - giving landlords and listing agents tools to help manage their client base and internal data more efficiently - to bringing the space tour online with 3D movable floor plans and interactive panoramic views of spaces. There are so many interesting ideas sprouting up all trying to bring the industry that hasn’t changed in 30 years into the 21st century in different ways. A lot of them are popping up around coworking.

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Manhattan Retail Space Ready to Make Way for Nordstrom Stores

Another high-end department store is set to join the ranks of Saks Fifth Avenue by taking advantage of Manhattan retail space. Nordstrom has searched for a perfect Manhattan retail spacefor two decades and finally settled on a deal with Extell Development this week to open a 7-story, 300,000 square-foot retail monster, on the north side of 57th Street, east of Broadway.

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Method Home | Office Space of The Week | Open, Contemporary Space

After reading Method Method by the co-founders of Method, we became obsessed with the strategies and principles used by Method to become a successful company. For anyone who has not read the book, it is not only inspiring, but teaches entrepreneurs many lessons about launching a successful start up. And now, we are grateful to be able to feature Method's San Francisco office space as our office space of the week.

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Salesforce.com seeks Pfizer's former office space

San Francisco-based company Salesforce.com is reportedly negotiating for 100,000 square feet of office space for lease at 685 Third Avenue, which was formerly inhabited by Pfizer. The transaction would more than sextuple the cloud computing company's New York presence, further confirming what this blog has already touched on in multiple occasions - the city's increasing attractiveness to technology firms.

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Normandy Partners invest in Lexington Avenue

Normandy Partners, a New Jersey-based real estate firm, added some more New York City office space to its portfolio, with its purchase at 575 Lexington Avenue, between 51st and 52nd streets in the Plaza District. The 35-stories of Midtown East office space was redeveloped in 1990 by the Koeppel Companies and was bought by Normandy and New York Life for about $360 million, according to sources.

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Infographic - How Much Office Space Do I Need?

A question we get quite frequently at TheSquareFoot is, "How much office space do I need?" It is why we created our office space calculator to help prospective tenants gauge the amount of office space appropriate for their business needs. Typically we find that most small businesses and entrepreneurs think they need more space than they really do and our goal is get them into the right amount space for their business. Given all the discussion around the amount of space a company needs (general consensus traditionally was around 200 - 250 square feet per person), we created this infographic showing how much space different levels of seniority in the workplace use:

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