Future-proof your corporate real estate strategy with quantitative data
Office space should offer a good return on investment
Despite being one of a company’s largest expenses, the performance of an office is rarely assessed. There are very few KPIs associated with commercial real estate portfolios. As a forward-thinking workplace leader, wouldn’t you like to know — with certainty — how much office space you need? And whether the office space you have is meeting employee needs? Is it the right size? Does the square footage per employee allow them to work comfortably? Are resources like conference rooms or communal areas appropriately allocated? Does the floor plan allow for efficient flow through the office environment? Does the office layout allow for employee interaction and collaboration using common spaces? Are resources well utilized?
Right-size every square foot per employee
InnerSpace provides space utilization data that can help business leaders determine performance metrics, establish a baseline and set targets. Use what you learn over time from our always-on, WiFi-based platform to right-size and optimize your office for maximum ROI.
Employee work styles look different for every team
InnerSpace technology can identify unique behavioral patterns within the space utilization data it collects, showing which teams are using what resources over time.
Employee productivity shows up differently from team to team. For example, some teams will come in more often to work noisily together in communal spaces, while others may choose a quiet room to work independently together.
Understanding employees' exact use of space can influence decisions about team placement, the viability of hoteling over private offices or dedicated desks, and overall resource allocation.
Does a lease renewal have you trying to predict the future of work?
It used to be easier to plan for office space needs. As a general rule:
Future growth targets meant more rooms, new office space builds, and new locations
Efficiency targets indicated a reduction in square footage requirements, an increase in average density, and reallocation of existing resources.
Today’s companies are uncertain whether to sign on to lease the same amount of space, less space, or more space. They just don't know how much square footage they need or what lease length they should commit to.
With remote and hybrid work styles, employee growth may not necessarily translate to a need for more office space. Nor does planned contraction offer certainty about dropping square footage.
Companies are guessing. And guessing can have expensive outcomes.
Get a handle on your office ROI with InnerSpace metrics
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Portfolio optimization
Get the data to influence flexible, versatile, usable spaces that boost productivity, and enable teams to operate efficiently — within the existing square footage.
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Resource utilization
Learn whether meeting rooms, private offices or break areas are fully utilized, or whether the space can be redeployed to new purposes
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Employee : desk ratio
Analyze work team behaviors to learn how they use their space each hour, day, week and month to drive more effective colocation and resource allocation strategies
Resources for optimizing your office space
Visit our blog for more information on how spatial intelligence helps drives the decision of how much office space your organization truly needs
There has never been a greater need for space utilization data
When it comes to predicting office requirements, the future is uncertain and the past offers little to go on. Pre-pandemic, almost no one was measuring office performance such as the impact of layout on efficiency, or space-per-employee allocations on productivity. Yet with the onset of widespread hybrid and remote work models, these are now highly desired metrics.
Real estate isn’t cheap. Remove the guesswork from your office real estate strategy with InnerSpace.