The Weekly Take from CBRE More Than a Feeling: The business value of a desirable workplace
Feb 10, 2025
Jamie Hodari, CEO of CBRE's Building Operations & Experience and Industrious, discusses the transformative power of workplace experience. He highlights how enhancing space can deepen tenant attraction and boost employee satisfaction. Hodari emphasizes the importance of AI in interpreting data for better operations and the shift towards vibrant urban environments that support hybrid work. He notes the evolving finance industry’s need to adapt to operational real estate, urging a focus on quality spaces that enrich people’s lives.
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Enriching Office Experiences
- Office spaces must now enrich lives beyond productivity, offering unique experiences.
- This includes exposure to new ideas, people, and environments not found at home.
Measuring Office Utility
- Measure office utility by considering commute length alongside visit frequency.
- Control for commute differences to gauge employee engagement accurately.
Detroit's Downtown Revitalization
- Jamie Hodari grew up near Detroit when many avoided the downtown area.
- Now, revitalization efforts with concentrated development have made downtown more attractive.