Photo Credit: Boston Globe
Office landlords are constantly vying for office tenants to occupy their buildings. This is achieved through competitive rent, leasing incentives, common area upgrades and the addition of amenities. Now some landlords are looking beyond the traditional channels by helping their customers get their employees to the office without worrying about parking. Uber and Lyft could be the next line item on a landlords expense budget.
Bisnow notes, “Several New Jersey landlords are using the perk to overcome a lack of office parking, connect offices with downtowns and attract employees who do not own cars, the Wall Street Journal reports. Hugo Neu Corp. launched a program in March that offers $50 monthly credits for tenants’ employees without cars to commute to its Kearny Point office.”
You can read the full article on Bisnow.