Daniel Shapiro Tenant Broker

The team at Cresa conducts research on the market conditions in the Washington D.C., Maryland, and Northern Virginia areas. One area we look at is the impact that COVID-19 has had in the DMV commercial office market.  We look at various government rules, regulations and mandates, and in this recent Cresa article, our team examines the current mask mandates in the DMV area. If I or my team can answer any questions on current office market conditions, please contact me to start a conversation. You can reach me at 301-841-6542 or by visiting my website . Cresa Research – DMV Mask Mandates District of Columbia June 11, 2021 Can employers require vaccines for workers? U.S. employers can legally require employees physically entering a workplace to be vaccinated . The Equal Employment Opportunity Commission issued updated guidance stating that federal laws don’t prevent an employer from requiring workers to be vaccinated. There are some exceptions. Federal laws may require employer...

The future of the commercial office may be changing based upon a new CBRE Occupier Sentiment Survey that was just released. The nation’s office markets may be stabilizing according to this survey and shows that the number of companies that anticipate their office portfolios will get “significantly smaller” over the next three years has shrunk from 39% last year to just 9 percent this year. “Multiple factors support this sentiment, including the ongoing rebound of the U.S. economy and companies’ realization that they need to retain more office space than they previously thought,” CBRE’s Julie Whelan said in a statement. “Many companies now recasting the design and function of their offices will find that the square footage needed to accommodate team-centric work, free-address seating and meeting space often exceeds that previously dedicated to rows of individual offices and cubicles.” Many companies are turning to a hybrid office space environment, and this will likely lead to some re...

Understanding the commercial office space market in the D.C./Maryland/Northern Virginia area can revolve around analyzing the right data. At Cresa, we are experts in collecting and understanding the data that can give you the edge with strategically planning your office space requirements in the post-Covid world. Per this short article by Jared Kinch, Senior Advisor with Cresa, things have changed. Cresa continues to mine data to formulate strategic decisions and works with you and your company to find the best real estate solutions. If you have questions about the data driving the market in the greater Washington D.C. area, let’s start a conversation. I can help you analyze information about the market and develop custom hybrid work models along with real estate strategies. Contact me directly at 301-841-6542 or visit my website . It's All About the Data: How Facts and Analysis are Driving Real Estate June 8, 2021 Jared Kinch Jared is responsible for developing strategies t...

This article is a nice compilation of thoughts from top commercial real estate brokers in the Washington D.C. commercial office market.  The consensus is that the vacancy rate in the D.C. market will remain high for the near future.  The competition between landlords bodes well for tenants and moves more power into the negotiating arena for new tenants or existing tenants to get favorable terms for leasing.  Cresa Managing Principal Mindy Saffer also believes that tenant concessions will continue to increase even until late next year.  If you would like to start a discussion with us about our current or future commercial office space needs, please contact me by visiting my website – www.tenant-broker.com . Brokers Don't Expect D.C.'s Record-High Vacancy Rate To Come Down Any Time Soon   Washington DC Office June 1, 2021 Jon Banister, Bisnow Washington, D.C.   The competition between D.C. office landlords vying for tenants has become more aggress...

We feature a great article from Maud Santamaria, Workplace Experience Director, Operate featured on www.macegroup.com . She explores five challenges of Hybrid Working and how to overcome them. These challenges are: 1. Having an even playing field 2. Breaking barriers to collaboration 3. Managing split teams effectively 4. Transforming the role of the office 5. Having a consistent culture – from office to home Read on to learn about how Maud gives solutions to there challenges. If we can help you design or find your commercial office space to make overcoming these challenges easier, please contact me . Overcoming the Five Challenge of Hybrid Working May 5th, 2021 Maud Santamaria, Workplace Experience Director, Operate After home working became a necessity for the majority in 2020, it is expected that fewer than 45% will return to full time office-based working in 2021 - the majority opting to split their time between both locations. There’s no doubt that even with the rise in remote ...