0 Open Office Experiment in Boston Fosters Inclusion and Collaboration

open office space in Boston

Credit: Harvard Business Review/hbr.org

Looking for a new office?  Thinking you simple want private offices because that’s what you have always had?  Well, have a look at how that has changed for some companies.

According to the Harvard Business Review, a working ‘office experiment’ was carried out by The Bridgespan Group in its Back Bay offices, to determine what impact an open, shared workspace would have on employee collaboration and production. The HBR article includes the following:

At the end of our design lab, we handed off to our architects a “radical” plan which they built out over the next few months.

It included:

  • an open café, where staff bump into each other making coffee, or making sandwiches and catch up or take care of business
  • a “laboratory” space with tables, sofas and white boards at the heart of the office, where teams meet and discuss work previously done in closed conference rooms
  • a large, closed-off library space with lots of natural light that we call the “quiet car,” where people can work without interruption
  • several small comfortable seating clusters throughout the office for small-group conversations
  • a bank of small private rooms for people to use when they truly need privacy for meetings, phone calls, or individual work–but no private offices even for the most senior staff
  • sitting and standing work stations where people can park themselves day-to-day
  • glass-walled conference rooms so most meetings are seen by everyone, even if they aren’t heard
  • background noise masking, so that conversations in the open are heard as mild hubbub rather than distinct, distracting words
  • lockers in which staff can keep personal items

Six months in, we continue to be amazed at how differently we work in the new space and how much the spirit of our office has changed. We used to make appointments to see each other; now, we often just run into each other, and all kinds of new ideas emerge from these unplanned collisions of two or three or four people….Formal meetings are routinely held in the open areas, where it’s easy to bring in someone else on the spur of the moment—just because they’re passing nearby, or sitting in view.

0 Boston Office Motif is Open and Shared

modern office space in boston

Credit: The Boston Globe

The look and feel of today’s office space is dramatically different than what we saw just 10 years ago.  Collaborative is the new norm and private offices are a thing of the past.  Gone is the bowling alley of offices replaced by open spaces with exposed ceilings.

Drawing a parallel between the modern workspace and online social behavior, the Boston Globe notes, “in a fast-paced high-tech world where community seems to be more valued than privacy, the office partitions have come down in the name of collaboration and quick exchange…Offices are being designed to offer slightly cramped but open spaces to create “collision zones” for employees, where conversations get started and ideas get hatched. Status-based work areas have gotten the pink slip as companies envision cross-departmental, even cross-industry alliances. And why have a meeting around a gigantic table when you and a few co-workers can set up shop in a booth — not so different from one at Denny’s. Sound much different from your office? Just wait.”

The Boston Globe article is comprehensive and worthy of a read; it’s available on the Globe’s online real estate section.

0 Boston Commercial Real Estate Trends towards Open Floor Plans and Collaborative Workspaces

boston real estate agents, BRA logoOrganizations are knocking down interior office walls faster than you can spell “collaboration.”

Boston Realty Advisors estimates more than 75% of tenants today are looking for open floor plans, as opposed to traditional layouts with closed-door offices and high-walled cubicles. The trend for open offices is giving fresh legs to a proven phenomenon. Many organizations site open floor plans as a core element to their company ethos and ultimately, a key reason for their success. Zappos, for example, credits its open floor plan as a critical element to establishing and maintaining its culture. From a few employees 15 years ago, to more than 1,500 today, Zappos has maintained its open floor plan throughout the company’s history.

The push to open floor plans isn’t just for employees and middle management. In fact, many CEOs are leading the charge. By placing themselves alongside the team, the benefits are clear: increased availability, greater transparency and a heightened awareness to company culture and communication. The tired corporate adage, “My door is always open,” pales in comparison to today’s mantra, “I don’t have a door to close.”

Wayfair, the Boston-based online home furnishings company, proudly describes its collaborative C-suite structure. “At Wayfair, there are no corner offices. In fact, there are no offices at all. We support an open, transparent workplace where leaders mentor the 1,600+ bright talents that sit among them – and visa versa.”

Another organization, The Bridgespan Group, detailed their journey from a traditional office environment to a new, open floor plan. Their tale serves as a playbook for organizations considering an open floor plan:

·         Open café to bring colleagues together
·         Laboratory space for teams to meet and brainstorm
·         Library-like space for quiet work
·         Comfortable seating areas for small-group meetings
·         Private rooms for private conversations
·         Sitting and standing work stations for day-to-day use
·         Glass-walled conference rooms for full transparency
·         Noise dampening techniques to muffle distinct words
·         Lockers for personal items

So, get out that sledgehammer and start creating a vision for a collaborative work environment.

Alternatively, follow the link to our property pages to view available Boston Commercial Real Estate.

0 FinTech Program for Burgeoning Boston Financial Services Startups

FinTech startup bootcampEntrepreneurs: do you have an idea focused on the Financial Services sector?  Look no further, Fidelity and Amazon would like to help back fledgling Boston startups through a new program, tagged the Fintech Sandbox.

A Boston Globe editorial highlights the target:

“Fintech entrepreneurs have a unique problem, which is the high cost of data to help them build applications,” said David Jegen, managing director of Devonshire Investors, the private investment arm of the Johnson family, which controls Fidelity. “They raise $2 million of venture capital funding, and then spend $500,000 of it buying market data from Bloomberg or Thomson Reuters. Or they show up to customers, who say, ‘Nice app, but it hasn’t been tested on robust data sets.’ We think that is a problem we can help solve.”

 

0 Pop-up Retail Lands in Dewey Square

Dewey Sq. pop-up retail space

Credit: Boston Business Journal

Looking for some coffee to get your day started?  Well, if you make the pilgrimage from South Station to the Financial District through Dewey Square, a lone vibrant dome could be your new best friend.  Nespresso is the latest to venture into the pop-up retailing experience in Boston.

From the BBJ:

“Nespresso is hoping that one sip of the caffeinated beverages under the brownish-yellow dome in Dewey Square — the former site of Occupy Boston — will encourage coffee lovers to spend $299 for the VertuoLine coffee-espresso maker machine. Buyer beware: The cost to operate can run another $50 for a milk frother and between $6 – $9 for a box of coffee pods.”

Additional information on the pop-up retail shop from Nespresso in Dewey Square is provided on the Boston Business Journal’s post.

0 What Does Cool, Funky Office Space in Back Bay Look Like?

Workbar offices in cambridge

Credit: Workbar

What does cool funky space look like, or better yet how does it feel?  The virtue of my business is to walk in and out of company offices daily and I must say that this one grabbed my attention as cool and funky.  It isn’t so much as to the building or layout, but the culture that the company extends to its employees and customers.

Bostinno.streetwise.co articulates this quality in its assessment of Karmaloop’s ‘swagged out’ Back Bay office space:

“Karmaloop stickers bearing the company’s classic chunky logo in all prints and colors sit in neat piles atop a coffee table. A giant-sized, glittering mannequin sits with plastic legs crossed coquettishly on one of the entryway’s couches, while another figure, a frightening yet sort of high fashion clown marionette, looms over the space. Both were crafted by ecommerce company’s outspoken founder and CEO, and proud Bostonian Greg Selkoe.”

Let us know your definition of cool, funky office space in the comments below, or on twitter @bradviors

To read the full bostinno article, follow this link.

0 Boutique co-working space opens in Back Bay

More co-working office space is now available in Boston for upstart companies to choose from. Not too sure if you can make a long term lease commitment? Idea Space at 867 Boylston Street is the newest to jump in to this evolving market. Their niche: boutique co-working space.

Co-working space in Boston's Back Bay

Idea Space in Boston

According to coverage on the BBJ, “the 4,500-square-foot space is home to about 25 small companies.” Idea Space owner, Lauren Mearn, notes the impetus for opening the co-working space in Back Bay in the BBJ article:

“people want ‘a cool place to work that wasn’t a coffee shop and that wasn’t home'”

The full article on the Boston Business Journal is available, here.

0 Creative Office Lofts in Boston

109–129 Kingston Street in BostonRecently, I have experienced an incredible demand for what I call “cool creative loft office space in Boston” from tenants in the market. I represent a lot of landlords who offer this type of space and on more than one occasion have had several competing offers for space. This trend in the market just re-enforces what I have heard in recent news that a company’s work culture and collaborative creative atmosphere is the top priority to the Boston area’s newest and freshest young innovators.

Please see the two links below to view some of the many opportunities I have in the market:

http://www.bradvisors.com/building/listing_sheet/451/109-129kingston.pdf

http://www.bradvisors.com/building/listing_sheet/454/36bromfield_lo_res.pdf