Corporate Office Space

Safe And Sanitized Workspace
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Safe And Sanitized Workspace

Corporate Office Space

Safe And Sanitized Workspace

In just a few weeks, the emergence of COVID-19 managed to change the way we live and work. Even though the virus continues to spread across the US and many organizations are moving to remote work, some companies still need their employees to be on-premise to do their job. This largely refers to the companies that work with sensitive materials or proprietary systems, where employees or shift workers have to be in the workplace. In this case, it is extremely important to adopt some safety practices that will keep the workplace healthy and sanitary. In this post, you will learn how to maintain a clean office during times when the world is going through this critical public health issue. Schedule Regular Cleaning and Disinfection Routines The spread of the novel coronavirus may seem unavoidable at present. However, a dependable cleaning and sanitizing routine at the workplace that is in sync [...]

By Peggy Gallagher|2021-02-10T10:03:51-05:00October 14, 2020|Corporate Office Space|

Leasing vs Purchasing Office Space in the Philadelphia Region
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Leasing vs Purchasing Office Space in the Philadelphia Region

Corporate Office Space

Leasing vs Purchasing Office Space in the Philadelphia Region

Your business has to operate out of somewhere, and when it's time to look for dedicated commercial space for your company, you'll have a lot of decisions to make. And one of these decisions is whether to lease or purchase your office space. Both options come with their own set of advantages and disadvantages, so you'd be well advised to do your due diligence and conduct a little research before deciding which option works best for your company. So, the question remains: is it better to lease or purchase office space in Philadelphia? Understanding the Pros and Cons of Leasing Commercial Office Space Commercial real estate investors might assume that purchasing office space is the better way to go, but leasing office space comes with its own set of pros and cons, including the following. Pros of Leasing Office Space No down payment required. As with any other types of [...]

By Peggy Gallagher|2019-06-03T13:51:21-04:00November 9, 2018|Corporate Office Space|

Neighbors: An Important Factor When Selecting Your Business Location
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Neighbors: An Important Factor When Selecting Your Business Location

Corporate Office Space

Neighbors: An Important Factor When Selecting Your Business Location

Neighbors: An Important Factor When Selecting Your Business Location When choosing a location for your business you need to keep a lot of things in mind. In addition to the location and quality of the building and Lease, or Sale, terms you may want to consider are who your neighbors are. Just like when buying a house or renting an apartment you want to find a place that is in a good neighborhood that you feel safe in, and that has people who are like minded to you. To take it a step further when you are looking for an office space you should think about what types of businesses will be around you. For instance, if you are an orthodontist, is there a dentist in the same office complex or down the street that can send you referrals? If you are a specialty cake shop is there a coffee house [...]

By Peggy Gallagher|2019-06-03T13:58:20-04:00September 1, 2017|Corporate Office Space|

Company Culture: Center City v. the Burbs
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Company Culture: Center City v. the Burbs

Corporate Office Space

Company Culture: Center City v. the Burbs

If your company is looking to make a move one of the biggest things to consider is location, location, location. Where your company sits is huge in not only determining the type of people and clients you attract, but it also helps define your brand and how the world sees you. There are many factors to consider. Do you need to be near the port, near the turnpike, near potential employees, or your customers, near your home, etc. If you are a fancy tech start up that wants cutting edge programmers, you want to have stylish offices in the heart of Center City. The Work where they Live Strategy. And, where your employees can grab a coffee at Starbucks on their break, get sushi for lunch, and go out for a beer with their friends after work, all within a mile or so of your location. Central Business District of [...]

By Peggy Gallagher|2016-05-10T13:30:36-04:00May 10, 2016|Corporate Office Space|

Things to Consider When Getting Ready to do a Mass Hire
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Things to Consider When Getting Ready to do a Mass Hire

Corporate Office Space

Things to Consider When Getting Ready to do a Mass Hire

Is your company growing? Will you soon need to bring on a number of new people? That’s fantastic! But are you prepared for everything that comes with doing a big round of hiring? Below are some practical tips and advice of what to consider when getting ready to expand your company talent. First and foremost if you are getting ready to do a mass hire it is likely that you will need to look at larger office locations to accommodate your growth. There are many factors that will need to be considered when making such a decision and most of them will depend on the amount of people you plan to bring onboard. Parking If your new location is not in a metropolitan area where most people commute via public transit you will need to consider parking availability for your new hires. Availability of on-site parking or street parking are [...]

By Peggy Gallagher|2016-05-10T11:44:05-04:00May 10, 2016|Corporate Office Space|

Transform Your New Office Work for Your Business
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Transform Your New Office Work for Your Business

Corporate Office Space

Transform Your New Office Work for Your Business

Work to Live. Live to Work. What is your business philosophy? No matter your motto why not create a space that will make work seem a little less like work and more a place you can excel at your professional. Today’s commercial real estate trends are no longer looking for only traditional office space, which is readily available, but rather to find the unique office spaces, buildings and locations that will make a statement with a redesign. Oh, and for those that continue to lease and purchase traditional office space they too are reworking the work space into something more engaging. What do we mean exactly? Since pictures speak 1,000 words let us show what some companies are doing to make their office space more appealing to employees. Not only do they look neat but many companies will contract with high end corporate interior designers to focus on elements of [...]

By Peggy Gallagher|2018-03-09T14:18:36-05:00September 23, 2015|Corporate Office Space|

Are we there yet? 2014 Mid Year Office Market Trends

Commercial Real Estate 2014 Mid Year Office Market Trends By there I mean where the real estate values are increasing at a point above the measurement of the annual rate of inflation. The Consumer Price Index (CPI-U) has increased 2% for the past 12 months through July 2014. This percentage change year or year is a key indicator for the economy. By analyzing the national data – YES, we are there! Keeping in mind the real estate trends vary regionally and with the quality of the product. Looking at the global market and the Vacancy Rate – the CRE industry uses this to track trends and an indicator of the balance of supply and demand for office space. Here are a few of the findings in the national vs local office markets for Vacancy Rates and rent trends. Based on the Costar’s mid year review the national vacancy rates for leased and [...]

By Peggy Gallagher|2014-09-09T13:24:08-04:00September 4, 2014|Commercial Real Estate, Corporate Office Space, Philadelphia|

Finding Office Space in Philadelphia

Finding Office Space in Philadelphia Whether you are from the Philadelphia region, or not, when it comes to searching for commercial real estate office space it is not as easy as hopping on the web to do a search. Leasing or purchasing space needs to be seen as an investment with the opportunity for your business to grow, or make changes, without having to sell/move again for maybe a 3,5, 7+ year period. Some of the obvious options for leasing commercial offices space are located in Center City Philadelphia, which is well known for its skyscrapers with amazing views. But what about finding the right solution for your actual needs long term. How do you know you are seeing all the opportunities that can meet your criteria? How do you know which Landlord’s are a little more motivated, maybe due to a higher vacancy, or another project they want to [...]

By Peggy Gallagher|2018-12-05T13:02:00-05:00June 14, 2014|Commercial Real Estate, Corporate Office Space, Philadelphia|

2013 Commercial Real Estate Year End Report by PGCRE

What is happening with the Office Market after the 2008 – 2009 drop in Value and Demand, and being out of favor with investors? Whether your business leases offices, or directly owns the building, you may find value in news on the status of trends in the Commercial real estate market in the Philadelphia region, and nationally. There is so much to say and so many statistics to reference. But, here is a quick short synopsis to give you a feel for the direction of market trends for planning purposes. Click here to download my free 2013 report for our region!

By Peggy Gallagher|2013-12-23T20:15:00-05:00December 19, 2013|Commercial Real Estate, Corporate Office Space, Philadelphia|

Hiring a Commercial Real Estate Agent

With the advent of the internet and the wealth of information available online…. do I really need a commercial real estate agent to assist with my commercial real estate transaction? Yes, and here is why. As you can imagine finding a business location and/or a lease renewal for a location is a process. It is not just identifying a building and zip code it is more, and for those purchasing, it is a long term investment. It is most efficient if you select a commercial real estate broker who can help you do the following: See the Big Picture Understand the Value of your Purchase Negotiate the Best Terms Possible Devote the Manpower and Time to Achieve all your Goals Most commercial real estate agents work on a contingent basis, meaning they will get paid upon the purchase, or signing of the lease, which is usually paid by the Seller, [...]

By Peggy Gallagher|2013-11-11T15:24:47-05:00September 18, 2013|Corporate Office Space|