April 10, 2017
Houston – In its most recent edition of “Ask the Expert,” Transwestern explores how landlords are increasingly using workplace optimization to attract and retain tenants. Author Adam Stoltz, Senior Vice President in Transwestern Consulting Group, explains how this service benefits both parties.
“The opportunity to monitor and evaluate space use, identify inefficiencies and improve workflow appeals to tenants seeking to maximize performance and employee experience,” said Stoltz. “At the same time, landlords investing in workplace strategy for their building occupants attain greater tenant satisfaction and a better understanding of their tenants’ goals and objectives.”
This partnership mentality is a strong differentiator amid fierce market competition and is especially appealing to today’s tenants that often value flexibility over cost. Space that can adapt to users’ evolving requirements tends to have a distinct advantage over more rigidly administered properties.
A workplace survey and utilization study is the first step in measuring how effectively the space already functions and reveals how well the tenant is preforming in four key areas: employee satisfaction, support for individual performance, support for group performance, and inspiring pride in the workplace.
“A workplace survey provides valuable insight into the ways people are interacting with their office space,” Stoltz said. “Numerical values that identify strengths as well as opportunities for improvement are an important starting point for a conversation between landlord and tenant.”
Transwestern Consulting Group has found that all four areas shed light on the company’s ability to attract and retain talent, and a strategy that improves these indicators will make the tenant more likely to remain in the space.
Read more on at http://twurls.com/wsl.
Transwestern is a privately held real estate firm of collaborative entrepreneurs whodeliver a higher level of personalized service – the Transwestern Experience. Specializing in Agency Leasing, Management, Tenant Advisory, Capital Markets, Research and Sustainability services, our fully integrated global enterprise adds value for investors, owners and occupiers of all commercial property types. We leverage market insights and operational expertise from members of the Transwestern family of companies specializing in development, real estate investment management and research. Based in Houston, Transwestern has 34 U.S. offices and assists clients through more than 180 offices in 37 countries as part of a strategic alliance with BNP Paribas Real Estate. Experience Extraordinary at transwestern.com and @Transwestern.