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Commercial Space

employee take a break relax

You Deserve to Take a Break Today!

By Charleston, Charleston Office Market, Charleston SC, Commercial Space, Economic Growth

Working eight hours or more day after day can be mentally and physically challenging. Whether you work outside doing manual labor, have to stand on your feet all day, or are anchored to a desk, it’s vital that you take breaks for the sake of your health. And, when you supervise people that do these jobs, it’s just as important to encourage them to take some time-outs. Study Shows Correlation Between Employee Engagement and Breaks Working your staff to the…

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workspace renovations

Want a Healthier Workspace? Consider These Renovations

By Commercial Space, Office Design, Prepping

With a COVID-19 vaccine available and light at the end of the end tunnel finally visible, many businesses are considering their options for a healthy and safe return to work for their staff. But the threat of COVID-19, and even future pandemics, remains a concern, so companies must remain vigilant and think about the health and safety of both employees and customers in their workspace.  Some safety measures go beyond furnishing hand sanitizer and moving desks further apart than normal….

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coworkers as office location

Choosing a Location and Style for Your Business

By Commercial Space, Office Design, Space Planning

At some point, every business owner has to consider new office space for their company. Whether you’ve outgrown your current space, are moving in a different direction and need something different, or are a startup that wants to display a more professional presence, new office spaces are just part of the typical business lifecycle.  But just because moving into a new space is normal, that doesn’t mean you shouldn’t give it some thought. When you look for office space, you…

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CharlesCharleston, South Carolina, USA historic French Quarter skyline.otn South

Charleston’s Historic Optimism Shows in New Building Projects

By Charleston, Charleston Office Market, Charleston SC, Commercial Space, Construction, Economic Growth

The past year has been anything but ordinary for the country and the residents of South Carolina. But, that doesn’t mean progress has come to a halt. In fact, many new building projects have been announced in the past year, including some exciting commercial space expansions. One such project in the downtown Charleston area is well underway.  Office & Retail Project in Progress – 741 Meeting Street A project at 741 Meeting Street has broken ground and will bring plenty of new…

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Why Is Office Space Layout Important to Employee's Health and Well-Being?

Why Is Office Space Layout Important to Employee’s Health and Well-Being?

By Charleston SC, Commercial Space, Design, Office Design

The space in which employees work and spend their time can have a significant impact on their emotional wellbeing. It can even go so far as to affect their outlook on life and their productivity! An employer seeking to maximize productivity and retain employees can’t overlook office space layout. Consider the following about the relationships between space and layout and productivity, health, and happiness. Poor Conditions Lead to Unhappier, Less Productive Employees Time and time again, data shows that cramped…

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Innovative Office Designs Shaped by Millennial Generation

Innovative Office Designs Shaped by Millennial Generation

By Commercial Space, Office Design

The millennial generation comprises up to one-third of the world’s population of employees. It is also the largest demographic of workers in the U.S. labor market!  This new generation of office workers has unique sensibilities, and office design is increasing reflecting these values across the globe. Office Space Layouts are Changing  Innovative open floor space is replacing the dense cubicles typical of corporate office space during the last 50 years. Millennials often associate cubicles with images of white-collar despair and…

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Vacancy Rates Go Up with New Construction of Office Buildings

Vacancy Rates Go Up with New Construction of Office Buildings

By Charleston SC, commercial construction, Commercial Space, Construction, Economic Growth, Uncategorized

As demand for new construction continues to grow in the Charleston market, vacancy rates continue to rise according to Colliers International Research & Forecast Q4 2018 Report.  The expectation is that the vacancy rate will continue this trend into the first few quarters of 2019.  This vacancy rate is on the rise primarily due to 11 new office buildings delivered in 2018, totaling 433,024 square feet of new construction. The Charleston office market has a total of 13,185,388 square feet…

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Demand is Strong for Office Space in Charleston

Demand is Strong for Office Space in Charleston

By Charleston, Charleston SC, commercial construction, commercial development, commercial real estate, Commercial Space

The growth in the number of people who live and work in the area has increased demand for office space  in Charleston according to research done by Marcus & Millichap, a California-based commercial real estate brokerage and research company. New business headquarters and centers are interested in renting office space in Charleston as a result of increased employment and population gains in the Lowcountry.  Charleston Employment and Vacancy Rates  Charleston increased total employment by 1.5 percent since last year with…

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Flexible Office Space is the New Normal for the Future

Flexible Office Space is the New Normal for the Future

By Commercial Space, Office Design

From startups to established companies, more businesses are using flexible office space. Not only does flexible space provide a lower-cost alternative, it’s also a more user-friendly space than the traditional office setting. Building owners are increasingly embracing the concept of flexible office space and leaving behind preconceived views on leasing office space.  They are becoming curators of building community and facilitating workplace experiences. Why Use Flexible Office Space? “For owners, dealing with small tenants has never been something that you…

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Retailers Repurposing Square Footage for Office Space

Retailers Repurposing Square Footage for Office Space

By Commercial Space

Online shopping continues to transform retail and is reshaping the real estate market as well. Retailers used to house merchandise in department stores with many floors above the street level. In most cases, this was without office space.  Now there is a shift, evidenced by real estate investors seeking to have a more mixed-use space. In Manhattan, this trend to edge out retail for offices is becoming more prevalent.  Normandy Real Estate recently invested $133 million to convert several floors…

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