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— Office Properties Quarterly — June 2017

www.crej.com

A

ny space that helps makes

social connections easier is a

real estate and market oppor-

tunity. As more connections

are made online, we are trying

to bring connections to life through

meaningful office and community

planning. In the U.S., individuality often

is promoted as a key to success, which

certainly bears true in many cases.Yet,

success does not happen in a vacuum.

Success is, in part, thanks to the con-

nections and the resources you have

access to and the advice you receive

along the way.

Co-working spaces not only benefit

members, but also serve as a resource

to the surrounding community. Den-

ver is no exception as people here are

looking for new ways to connect, grow

and be

inspired.We

are proud of the

partnerships we are helping to foster

among entrepreneurs, and we love

the thriving business ecosystemwe’ve

been welcomed

into.We

love watch-

ing people connect daily over coffee

or the newest Netflix series, and over

time we’ve seen these relationships

grow, but it’s a delicate balance.Too

much chatting can pull us away from

the task at hand, but many times col-

laborative interactions can help build a

better business strategy.

How and where people work has dra-

matically shifted over the past decade,

ushering in new spaces where digital

nomads can thrive.The paradigm shift

toward flexible working has left the

traditional real estate model obsolete

for many in the workforce. Flexible

workspaces enable workers to find the

space that best suits their needs.

We are trying to make the workplace

a destination.While our design is inno-

vative, the main goal

is to create collab-

orative, dynamic and

growing communi-

ties.We

believe that

success breeds more

success. Following

are things we’ve

learned that could

be adopted by all

office environments.

Collaboration

emerges from activi-

ties and community

events.

Office space

does not have to

be stagnant or limited in scope. After-

hours events are welcome ways to get

to know your surrounding neighbor-

hood. Co-working spaces encourage

social interactions, but that doesn’t

mean traditional office spaces can’t

provide programming or collaborative

events for their community.

These events can be used as a means

to introduce locals to the idea of our

spaces. As an example, at each of our

Spaces centers we invite local artists

to showcase their work at a monthly

“First Friday” event for clients and the

community. Artists can sell their work

while tenants enjoy meeting other

creatives and local residents. It’s fun

and it personalizes the experience of

both creating art and working in an

office building.These events often lead

to larger partnerships between our

tenants, the artists and other entrepre-

neurs who attend.

Events are opportunities to network

and for tenants to market themselves.

A community manager encourages

real engagement and collaboration by

connecting clients through events and

networking.These managers are the

first to introduce entrepreneurs that

walk through our doors and actively

seek out fun and innovative ways to

get them interacting.

These events range from outdoor

yoga led by a local fitness studio to

an information session for entrepre-

neurs and start-ups on how to build a

branded website. It’s quite common to

overhear clients making connections

or giving an elevator pitch at these

events. Lots of our clients are look-

ing for feedback on their test product

or advice on where and how to soft-

launch an app, for example, and these

events can provide a sounding board.

Flexible design helps clients share

ideas and synergies

. Aside from the

communal elevator, professionals

based in traditional office space can

miss out on the potential for idea

sharing and learning from colleagues

who operate in different departments

and are at varying stages of their

careers.

Traditional offices looking to

encourage a sense of community and

communication among employees

can consider introducing a flexible

work area such as a shared patio or

informal seating area to help foster

conversation, brainstorming and rela-

tionships between colleagues.

Remote offices are not going away.

Larger, global brands are posting up

new satellite offices each day. Remote

offices are beneficial to the overall

professional community, includ-

ing larger corporations, by providing

employees the flexibility of operating

remotely, which in turn helps com-

panies expand into new markets and

increase brand awareness.

According to Harvard Business

Review, telecommuters are more

productive and more engaged than

those in the office. This means there

are opportunities to create collabora-

tive hubs in both urban centers and

in suburbia. While telecommuters

may enjoy their streamlined work-

flow working remotely, humans are

naturally social and having a place

to interact with others to share con-

versations and resources is attrac-

tive to this growing population. The

inherent flexibility offers solutions

for companies to better utilize their

space and their employees’ time.

It’s important to recognize that this

trend will only continue to grow and

remote offices can segue into larger

opportunities for us as brokers and

property managers.

Work is no longer a place you go,

it’s something you do.

The birth of co-

working sprang from the demand for

more relaxed, flexible and inviting

environments to create and innovate.

The workplace should be an inviting

destination that offers interesting

and relevant ways of networking and

fostering a greater sense of collabora-

tion. The goal is not about the office

space; it’s about allowing work to fit

more seamlessly into our lives, to

make work a place to socialize, devel-

op and expand.

Life isn’t just about the connections

you make online. Pulling people away

from their screens can be a good

thing for creativity and for engage-

ment. We want the Fortune 500 com-

pany to learn from the startup and

we want the benefits of this relation-

ship to expand outside the office and

into the community.

s

What traditional offices can learn from co-working

Market Trends

Michael

Berretta

Vice president

network

development,

Americas, Regus,

Atlanta