By Roland Li Published 1:58 pm PDT, Wednesday, August 8, 2018 window._taboola = window._taboola || []; _taboola.push({ mode: 'thumbnails-c', container: 'taboola-interstitial-gallery-thumbnails-4', placement: 'Interstitial Gallery Thumbnails 4', target_type: 'mix' }); _taboola.push({flush: true}); Photo: Carlos Avila Gonzalez / The Chronicle Image 1of/4 CaptionClose Image 1 of 4 Buy photo Guests listen as product pitches begin during a pitch night for the new WeMrkt concept at WeWork in San Francisco on Tuesday. Current tenants can market their products to other office workers in WeWork buildings. less Guests listen as product pitches begin during a pitch night for the new WeMrkt concept at WeWork in San Francisco on Tuesday. Current tenants can market their products to other office workers in WeWork ... more Photo: Carlos Avila … [Read more...] about After transforming office space, WeWork wants to change retail
Small office space for rent
Growing tech firms are gobbling up almost 30 percent of D-FW office space
The number of tech workers in North Texas has grown by more than 15 percent in the last five years.Recent tech industry office deals have pulled down more than 1.6 million square feet of office space, including transactions for companies including Nokia, NTT Data, DexYP, NetScout Systems, Samsung and more. D-FW has one of the most affordable tech labor pools in the country, which is a major factor in our growth, according to CBRE."Definitely Dallas is an affordable market," said Colin Yasukochi, director of research and analysis for CBRE in the San Francisco Bay Area. "It's a combination of not just lower costs but the large and high qualified tech talent pool."And while North Texas has attractive real estate costs, that's not the driving factor, he said."The real estate price is actually a really small component," Yasukochi said. "Nationally the real estate cost is only about 5 percent."Maybe so, but average office rents in the D-FW are only about $24 per square foot, compared … [Read more...] about Growing tech firms are gobbling up almost 30 percent of D-FW office space
Suburbs strain to compete with pricier Detroit office space market
JC Reindl Detroit Free Press Published 12:00 p.m. UTC Jul 20, 2018 If the recent rebound in Detroit's office space market has put some suburban landlords on the defensive, then the golden towers of Southfield Town Center could be the front line in this regional battle for office tenants. The property's New York-based owner has been pumping $56 million into adding amenities and sprucing up the lobbies, corridors, meeting spaces and the greenery-filled atrium inside the string of four towers and a low-rise building that make up the second largest office and hotel complex in Michigan after the Renaissance Center. Those upgrades, which also added food trucks, installed Zagster bicycle-share stations and tore out carpeting and generic drop ceilings for tenants wanting a more "unfinished" look, have been helping the gargantuan 2.2 million-square-foot … [Read more...] about Suburbs strain to compete with pricier Detroit office space market
Commercial, office space rents continue to soar in Vietnam
Businesses in Vietnam are facing difficulty in finding suitable commercial or office space as the rental rates have skyrocketed, especially in big cities. Not a few enterprises had to discontinue renting space in urban zones in Hanoi and Ho Chi Minh City due to the inflated rents, driven by rising real estate prices. According to a big real estate agency in Ho Chi Minh City’s District 1, rents for space on the metropolitan streets of the southern hub saw a rise of up to 30 percent from 2017. D.A., owner of a store for lease on Le Thanh Ton Street in the same district, told Tuoi Tre (Youth) newspaper that he leased his premises for VND85 million (US$3,655) per month. Tuoi Tre reporter observed that the landlord hung a for-lease sign, which reads VND65 million ($2,795), for the same store just one month before. Meanwhile, just three kilometers away from Le Thanh Ton Street, a space of 150 square meters on Cach Mang Thang Tam Street in District 3, the second busiest thoroughfare in … [Read more...] about Commercial, office space rents continue to soar in Vietnam
Kista: The best office space in Sweden?
Kista, sometimes called the 'Silicon Valley of Sweden'. File image: Regus This content was paid for by an advertiser and produced by The Local's Creative Studio 1 February 2016 09:10 CET+01:00 Downtown Stockholm is brimming with hip startup hubs and snazzy international headquarters. But as the city’s tech scene is soaring to new heights and the business climate gets hotter than ever, interest in the Swedish capital’s easily accessible inner-ring suburbs is on the rise. Take Kista, for example, just a short drive away from downtown Stockholm. “Kista is the IT mecca of Sweden,” says Patrik Ölvebäck,country manager for Regus offices in Sweden, referring to a tech cluster just north of downtown known as the ‘Silicon Valley of Sweden’. “There are lots of international companies in the area, and they are attracting other large international companies but also small companies, one-person companies, consultants, and so … [Read more...] about Kista: The best office space in Sweden?