Managing Principal 
 
Cresa San Jose
550 S. Winchester Blvd. 
Suite 600   
San Jose, CA 95128 tel 408.314.1394   fax 408.554.0704 



At Cresa, we exclusively represent tenants.  Through our integrated delivery model, we align real estate
requirements with your business plan, cutting costs and increasing productivity. 
 
 



 
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December 2012

Workplace Optimization Strategies:

The Incredibly Shrinking Office 

Part One


Thanks to advanced technology, cultural shifts, and corporate downsizing, more companies are seeking new workplace solutions - and turning to experienced Project Managers to help them.  Many tenants are demanding creative space alternatives that cut costs, improve productivity, and increase morale.

 

Start-ups and established companies are planning today for the workplace of the future. Whether they are renovating existing space or relocating, they are considering customized strategies to optimize their worksites.

 

Let's take a closer look at the forces behind workplace optimization:

 

Economy. Even as the economy improves, slow job growth continues to stall the recovery. Downsizing has led to reduced footprints in many offices.

 

Technology. Technological advancements allow employees to work virtually, anywhere, at any time. Today, as bandwidth increases on wireless devices, employees typically have at their fingertips all the information they need.

  

Culture. Many organizations have four generations on the same payroll:  Traditionalists, Boomers, Generation X, and Millennials. The challenge is to address the different styles and find common denominators.

 

Off-shoring.  Companies continue to outsource jobs to India, China, and beyond, where the cost of labor for commodity jobs as well as more advanced work is much less.

 

Tied to these forces, many companies have implemented new workplace strategies with common characteristics, including smaller workstations, sound-masking, space reconfiguration, virtual offices, and hotelling.

 

We will detail more about alternative workplace strategies and how they can work for you in Part Two of this report early next month.

 

In the meantime, have a wonderful holiday and Happy New Year! 

   

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 About Cresa
Cresa is an international corporate real estate advisory firm that exclusively represents tenants and specializes in the delivery of fully integrated real estate services, including: Transaction Management, Project Management, Strategic Planning, Workforce and Location Planning, Subleases and Dispositions, Portfolio / Lease Administration, Capital Markets, Sustainability, Industrial / Supply Chain and Facilities Management. With more than 55 offices, Cresa is the largest tenant representation firm in North America. Through its partnership with Savills, one of the world's largest commercial real estate services firms, Cresa covers more than 255 locations in 40 countries. For more information visit www.cresa.com.