April 2023

2A —April 2023 — M id A tlantic Real Estate Journal

www.marej.com

M id A tlantic Real Estate Journal

M id A tlantic R eal E state J ournal Publisher, Conference Producer ..............Linda Christman AVP, Conference Producer ...........................Lea Christman Conference Producer .........................................Matt Wolpe Editor/Graphic Artist ......................................Karen Vachon Contributing Columnists... Daniel Axson, P.E., ECS Mid-Atlantic, LLC; Alicia Mynarska, Withum; Professor Ron Shaw

Mid Atlantic R eal E state J ournal ~ Published Monthly Periodicals postage paid at Hingham, Massachusetts and additional mailing offices Postmaster send address change to: Mid Atlantic Real Estate Journal 117 HMS Halsted Dr., Hingham, MA 02043 USPS #22-358 | Vol. 35, Issue 4

ushman & Wakefield released a new report highlighting the im - portance of employee experi - ence and amenities in driving office space decisions. The report shows that the flight to quality trend among office oc - cupiers has accelerated since the beginning of the pandemic, with a focus on differentiated office space, highlighting the importance of amenities in creating engaging and expe - riential office environments that attract employees to the workplace. “The research is clear – the most engaged employees are those with autonomy over when and where they work. In flexible and hybrid workplace ecosystems, employers want to create engaging, experiential office environments where their employees will find value in attending the office in per - son several days a week,” said David Smith , vice president and global head of Occupier Employee Experience and Amenities Driving Office Space Decisions David Smith C

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Insights. The most popular amenities include: • Spaces for experience, col - laboration, and socialization • Supporting employees in their full and busy lives • Providing easier com - mutes and parking or proxim - ity to public transit • Increasing ESG and well - ness initiatives around inclu - sion, health, sustainability, etc. • Providing security for oc - cupiers, safety and/or techno - logical security • Increasing technology in infrastructure to tenant expe - rience apps

“Leading companies are attracted to buildings with a variety of available ameni - ties—in other words, no one, or two, amenities are going to change the perception of a building. The most attractive buildings have a selection of amenities that activate the space, offer convenience and elevate employee wellness,” said Marissa Huber , director, total workplace at Cushman & Wakefield. Across the buildings ana - lyzed the average was 14 amenities in each one, with 10 buildings having 18 or more (out of 27 amenities tracked). continued on page 11A

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Contact: NEIL A. STEIN • nstein@kaplaw.com 910 Harvest Drive, Blue Bell, PA 19422-0765 • 610-941-2469 • kaplaw.com Other Offices: • Cherry Hill, NJ 856-675-1550 • Philadelphia, PA 215-567-3120 Kaplin Stewart Attorneys at Law

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