James Layfield-Carroll’s Post

Thank you to The Wall Street Journal and this article about the availability of Class A Office space and how the Flight to Quality has resulted in less choices for enterprise groups seeking the Best in Class office space. How ironic is it to generate an article today in 2025 about companies not being able to find quality office space while the overall office market continues to struggle. Even CBRE goes out on the ledge and suggests that the vacancy for quality Class A office space will come down to pre-pandemic levels around 8.2% within the next two years. Bringing light to the availability of quality office space is one thing, but not setting the table right with a broader perspective is somewhat concerning. I'm seeing a silver lining here because there happens to be adequate quality office space, but there are other circumstances more challenging to overcome in order to accommodate these requirements. No, the office is not Dead. Whether companies are seeking quality or not, all stakeholders are dealing with lower valuations which means less capital available for improvements. The Future of Work is about elevating the workplace experience and curating an inspiring work environment where people can gather and collaborate as well as doing grind heads down work too. Landlords and Brokers need to change their mindset about how best to deliver office space. Offering Flexible Workplace Solutions is all about FLEXIBILITY and it satisfies the companies that are seeking better workplace environments for their employees. If you are seeking advise on this issue, feel free to reach out. At YourOffice we take the workplace experience to a higher level - thats why our clients stay with us for close to 5 years as compared to the industry norm of 18 months.

Office Tuesday Remote work continues to reshape the office real estate market in the Central Valley. Recent surveys indicate that nearly 40% of businesses in the area are adopting hybrid work models, leading to a reevaluation of their office space needs. Sure, some companies are downsizing, but others are repurposing their spaces to create more collaborative environments. This trend has resulted in a 7% increase in demand for shared office spaces and co-working facilities. Landlords are focusing on offering shorter lease terms and more adaptable office layouts to attract these tenants. For real estate investors, this shift presents new opportunities to cater to the needs of businesses. By investing in spaces that support collaboration and flexibility, you can meet the growing demand. The Central Valley is adapting to the future of work, and those who stay ahead of the curve will benefit the most. #realestate #business #commercialrealestate #investing #diversify #build #grow #challenge #results #service #professional #modesto #california #ca #stanislauscounty #centralvalley #investor #invest #REI #passiveincome #turlock #sacramento

🚀 The Future of Office Spaces: 3 Key Trends Shaping 2025 🏢 The office space industry is evolving faster than ever, driven by innovation, flexibility, and premium experiences. Here's what to watch out for in 2025: 1️⃣ High Demand for Premium Spaces Despite rising vacancy rates, the appetite for high-end, modern office spaces in prime locations is soaring! With cutting-edge amenities and strategic locations, these spaces are becoming the gold standard for companies aiming to attract top talent. 2️⃣ Rise of Flexible Workspaces Hybrid work is here to stay! 💼 Companies are embracing coworking spaces and adaptable layouts to keep up with the needs of a dynamic workforce. In fact, flexible office inventory has seen a 13% YoY increase – a clear indicator of the future. 3️⃣ Smart Offices, Smarter Choices Technology is redefining office design! From IoT-enabled systems to smart lighting and energy efficiency, workspaces are transforming into intelligent, responsive environments that adapt to the workforce's needs. 🌟 The office space industry is at a tipping point – are you ready to grow and adapt? Let’s talk about how your business can capitalize on these trends. #OfficeTrends2025 #HybridWork #SmartOffices #WorkplaceInnovation #FutureOfWork #CommercialRealEstate #GrowthNeverStops

Interesting to see BT offering up 3 floors of surplus office space in Salford 'due to the adoption of a hybrid working model'... While the general trend seems to be moving back to office-working, this move proves that hybrid and home-working is still alive and well.

🏢 Office Space Post-COVID: Has Hybrid Work Changed UK Property for Good? Hybrid work is here to stay, and it’s reshaping the office property market in the UK. Recent data from JLL shows that office leasing in London dropped 30% in 2023, with companies reducing their footprint to adapt to flexible working. But this shift is creating new opportunities for developers to rethink office spaces—smaller footprints, more communal areas, and flexible leases are becoming the new norm. We’re already adapting our office projects to cater to this evolving demand. How is hybrid work affecting your office space strategies? #HybridWork #OfficeSpaces #FlexibleWorking #UKProperty

A heavy spanner in the works when it comes to rightsizing office space are biblically long leases. We see this a lot. Large firm moves into new HQ. Millions spent. Office is mostly empty. Realise you don’t need 4000 desks for 4000 employees. Now you only need to wait 9 years and 11 months until you can move to a smaller office. Rinse and repeat. This is somewhat problematic for two reasons: - Empty desks are money burners (£14,683 per desk, per year in London) - But you shouldn’t force people back into the office So what can you do? F̶i̶g̶h̶t̶ ̶y̶o̶u̶r̶ ̶l̶a̶n̶d̶l̶o̶r̶d̶ Repurpose your space 🫡 If you’re stuck in a lease you can still change how your space is being used. And granular data on space utilisation is key so that repurposing isn’t an exercise in guesswork. What are the actual occupancy rates? How many desks do you need? Are large meeting rooms used by few people? Are there enough quiet spaces? Combining space utilisation data from multiple sources and engaging with your workforce gives you the necessary info to modify your office in response to usage patterns. This might get a few more people through the door (and stops burning cash on empty desks). #workplace #rightsizing #realestate

Stuck in a long lease with wasted office space? 😬 As Sami Mustapha explains, while you might not be able to break your lease, you can still repurpose your space to optimize its usage. “What are the actual occupancy rates? How many desks do you need? Are large meeting rooms used by few people? Are there enough quiet spaces?” The key to answering all these questions is data. With access to space utilization data, you can understand how your space is being used and make informed changes to reduce costs and enhance workplace experience and productivity. #Office #Workplace #Data

As the U.S. office sector continues to navigate the complex post-2020 landscape, it evolves under the influence of shifting economic winds, changing work trends, and the need to refresh a significant portion of the national office stock. While general discourse in the face of headwinds tends to lament the future of office space, the sector itself has historically adapted to changing dynamics and bounced back stronger. Phoenix earned the 9th-highest ranking score among the country’s larger markets in this year’s third quarter, receiving a total of 45.6 points based on the analysis from CommercialCafe, Yardi Matrix, and CommercialEdge. For more information and to download the report, click on the link below.

Office Tuesday The post-pandemic future of office real estate is characterized by both challenges and opportunities. The pandemic accelerated the adoption of remote work, leading many companies to reevaluate their office space needs. As a result, there has been a noticeable shift towards more flexible work arrangements and a reduction in traditional office space requirements. The demand for high-quality, amenity-rich office spaces remains strong. Companies that maintain physical offices are increasingly seeking properties that offer health and wellness facilities, advanced air filtration systems, and adaptable workspaces. These features are essential for attracting and retaining employees in a competitive labor market. The post-pandemic era has highlighted the importance of resilience and adaptability in office real estate. Property owners and investors must be prepared to adapt to changing market conditions and tenant preferences. This includes investing in upgrades and renovations to meet new health standards and leveraging technology to enhance operational efficiency. #realestate #business #commercialrealestate #investing #diversify #build #grow #challenge #results #service #professional #modesto #california #ca #stanislauscounty #centralvalley #investor #invest #REI #passiveincome #turlock #sacramento

With office occupancy beginning to rise, offsetting costs by reducing space is becoming less feasible. Rising occupancy in the UK, with a higher propensity for office workers to go to the office, may also see the UK emerge as a more attractive destination for corporates. Of course, the key driver of the differential between London and the ‘Big Six’ prime office costs is the rental premium of being in the capital. Many corporates will not compromise on location, but there will be office occupiers that seek the best-in-class space, but at a discount to other office markets across the world, including London, and this is a future driver for the ‘Big Six’ office markets in the UK. See more: