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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From the Rumor Mill - Top Golf Coming To Houston

Following up on our story about the possible future of the former site of Astroworld, we thought it was worth mentioning another tidbit of news we found exciting.  This could be huge.  Several commercial real estate insiders have told us that Top Golf, the awesome golf driving range concept with stateside locations in Dallas, Chicago, and Northern Virginia is on its way to the Greater Houston area in the near future.  They also have several locations in the United Kingdom.

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Dallas begins rebuilding after devastating tornadoes

Tenants of Dallas office space received a scare earlier this week when a series of violent tornadoes swept through Northeast Texas, destroying homes, upsetting flight patterns out of Dallas/Fort Worth National Airport and sending tractor trailors into the air.

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Getting Busy In The Woodlands

As if it needed any more validation after getting voted as the 2011 2nd best-selling mater planned community in the United States, The Woodlands keeps getting good news on the commercial side as well.  Anadarko recently announced plans to add a second office tower next to its headquarters on Woodlands Parkway.  The new tower will hold 550,000 square feet of class A office space and will rise 21 floors above the 10 story parking garage it will sit on.  We can certainly assume that the new tower will be constructed using state-of-the-art energy efficiency practices LEED certified.  Based on the rendering, it looks like it will be gorgeous.

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Lending for commercial real estate increases in Q4 2011

For the first time since 2010, U.S. banks committed more in lending to commercial real estate projects than they did in the previous quarter, according to a national report. With improved access to financing, more businesses may have the financial backing needed to consider securing office space for rent in top metros such as Dallas, Houston or New York City.

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What Do Office Tenants In The Garden State Want Most? FOOD ON SITE.

It's always interesting to compare commercial real estate leasing trends from market to market.  Different cities and regions produce unique leasing landscapes and a tenant leasing office space in Houston Texas may value certain amenities differently than a tenant leasing space somewhere on the East Coast.  According to a recent article in Globe Street, CBRE sent an anonymous survey to decision makers of more than 100 large tenants across the state of New Jersey ranking the most important "must-have" amenities in an office building.

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Startup Weekend Houston - TheSquareFoot's Intro Into The Entrepreneurial Community

It doesn't seem that long ago when I attended Startup Weekend Houston in February, and really caught a glimpse of what the startup scene was like here.  TheSquareFoot was a brand new idea then, and I was excited to attend an event like this for the first time.  I remember being nervous walking in because A) this would be the first event I attended of its kind, B) I didn't know ANYONE, C) I knew I would be pitching for the first time in front of a large audience, and D) I had no idea what kind of feedback I would get on our concept. Most people outside of the industry don't know much about commercial real estate leasing, and it's almost impossible to make it seem like a glamorous business.

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How TrueCar Is Changing Car Buying And The Lessons Learned To Use In Searching For Commercial Leasing Online- Imitation Is The Sincerest Form of Flattery

Reading through Zag.com and TrueCar’s models, it struck us that car buying and commercial leasing is not all that different. We've already been explaining to people how the search for a commercial lease was changing in the same fashion that the car buying experience did about five to eight years ago. Back then, the average automobile consumer would drive to multiple dealerships, talk to salesmen, talk to their friends, and maybe buy a Kelly Blue Book or Edmunds magazine.The consumer was trying to get educated prior to making a major purchase. Today, the same consumer gets online, learns the process, the sales tricks, the best time to buy, and scans the available options. They arrive at the dealership with a graduate-level education compared to the old way of buying a car. The similarities don’t stop there. When you buy a car, the dealer has an end price in mind and tries to confuse the bottom line by lowering the sticker price, tweaking the down payment, adjusting the interest rate, or a multitude of other variables.

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Manhattan Office Space for Startups and Why They Should Use a Broker

Last week I attended a networking event at NYU poly labs hosted by CBS alumni who office there.  I had a chance to catch up with our buddy Ben Zhuk of BestVendor.  Trying to fish for some business, I asked him what happens when people outgrow their space there.  He said most try to take over a lease of a startup who is in a space that has grown too small for them as they themselves need to expand.  I told him those are great if you can find them, but they aren’t abundant in most markets.

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Trader Joes Moves Into Historic Houston Landmark | TheSquareFoot Blog

There have been several reports recently that popular neighborhood grocery store Trader Joe's will be making its way to Houston soon, which made many locals who have visited a location in another market quite giddy.  The outfit was started on the West Coast in the 1960's, and has built up a popular cult following ever since.  Known for having "innovative" and hard to find foods that just so happen to also taste great, Trader Joe's was also known to be somewhat of a pioneer in its marketing efforts - putting out a newsletter in the 70's mainly about the wines and foods that were sold at the store, as well as having a line of private label products.

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Infographic - Employee Engagement : Working Remotely Making a Bad Problem Worse?

Although Houston commercial real estate has softened in recent years due to cyclical reasons (see 2008 - 2011 economy!), many predict Houston office leasing has other new issues to confront, one of which is letting employees work remotely (some call it tele-working). However, in an age where employees feel less and less engaged to their employers (meaning loyalty), is the savings in cost of not having or reducing your office space in Houston worth the potential loss in talent? The below infographic seems to support the the idea that having office space for your employees to connect can provide exponential benefits, including engagement and productivity, which ultimately hit your bottom line.

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Distressed Landlords: One More Concern for Tenants

One thing that many prospective tenants often don’t think about when looking for space for rent in Houston is the financial situation of the landlord.  Current tenants looking to renew overlook this as well.  Over the last couple of years with the continuing problems in the economy, the landlord’s financial health has become especially important.  If your landlord is not doing well financially several bad things can happen to you as a tenant.

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Texas Office Space to Benefit from Corporate Relocations - Top 10 in the US!

As Prime Property pointed out this past Friday (try saying that 5 times fast!), Texas was once again in the top 10 for corporate relocations.  Texas has had a significant positive inflow of corporates for every year in the last decade.  This is obviously great news for Texas real estate...and every type of it.  For starters it's great for Texas office space landlords.  These corporations move to Texas and need Texas office space of course, but then think about the next group of happy landlords.  Corporations bring workers, these workers need places to live (you're welcome multi-family landlords) and these workers shop (you're welcome retail landlords).

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From Books to Super Hero Briefs? H M Could Be Moving Into The Galleria Borders Location

We've now heard rumors from several sources saying that the Galleria Houston retail space for lease currently occupied by Borders, could be the new location of hot clothing retailer H & M.  The news coming out last month that all Borders locations will close nationwide, left questions as to what kind of large big name retail tenant could fill the sizable void in the Galleria left by such a large brand.  We may have an answer, although it seems a little early to be sure.

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TheSquareFoot and Match.Com | Same Story Different Industry?

Mashable recently had an interesting post, The Love Equation: How Match.com Calculates Your Ideal Mate. Since one of TheSquareFoot’s goals is help “match” you to the right resources to lease commercial property (whether it be the right tenant broker or empowering you with educational content and tools), I thought it would be interesting to look at the most interesting similarities between Match.com’s equation and TheSquareFoot.

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