I’m happy to share that Steve Walbridge, a longtime colleague of mine, has become a full-time member of the SquareFoot team. Steve’s joining is a testament to both the power of the company mission and the widespread belief among veteran CRE brokers that innovation and structural changes in the industry are long overdue. During his 40+ year career in commercial real estate, Steve has executed more than 16 million square feet in real estate transactions. His prolific resume includes leadership roles at Savills (where SquareFoot broker David Kimball and I first worked with him – Steve was also a ..read more

We’re thrilled to announce that Peter Cento has joined SquareFoot as the company’s first Consulting Group hire. A seasoned commercial real estate advisor, Peter’s previous experience includes brokerage services at Cushman & Wakefield and consulting at Savills. His hiring marks an important step in our mission to build out a world-class in-house consulting team. With his extensive experience and his skills as both an analyst and a broker, Peter is part of a new generation of advisors who will provide the kind of seamless, comprehensive, and transparent transaction process that tenants have ..read more

We are excited to announce that The Addeo Group has joined the SquareFoot team in its NYC headquarters. Together, The Addeo Group and SquareFoot will serve the complex, ever-changing business and real estate needs of our clients using technology to simplify the office leasing process. This partnership and The Addeo Group’s NGLCC, M/WBE, and WOSB designations will create a unique opportunity to expand our client list and increase market share. Jamie Addeo, Managing Principal at the Addeo Group, brings 15 years of commercial real estate experience to SquareFoot. Before forming the Addeo Group, J ..read more

I’m thrilled to announce that Atlanta-based Transcend, led by Patrick Braswell, is now part of SquareFoot. Our southern expansion follows our launches earlier this year in Houston and Los Angeles, as well as our recent acquisition of Upsuite. I first got to know Patrick almost 10 years ago when he was building his own PropTech company called TenEight. Note that this was well before “PropTech” was a word. And full disclosure, it wasn’t until fairly recently that I realized that TenEight sounds like “tenant.” Patrick built that for a few years and ultimately exited to RealNex. After RealNex, he ..read more

At SquareFoot, we’ve believed that flexible spaces are an integral part of the future of work for several years, and have been leaning into it with our product offerings including our acquisition of PivotDesk and our launch of FLEX by SquareFoot. I’m thrilled to announce that we’re continuing to broaden and deepen the suite of products and services we offer SquareFoot clients with our acquisition of Upsuite–a marketplace of coworking and flex offices. Despite what you might have read, offices aren’t going anywhere. On the contrary, COVID has only accelerated the trends we were already seeing ..read more

What kind of recovery will there be post-COVID? Of course absent a crystal ball, it’s hard to predict. But we can gain some insight on the specific topic of office space demand by understanding the impact of the pandemic on the type of employment that resides in office space. From this understanding, it’s also possible to speculate in an informed way about near-term changes in vacancy rates and rents. Much of what has been written has focused on the impact of the work from home (“WFH”) phenomenon and it’s intermediate-term impact on office demand. That’s not the focus of this piece, and frankl ..read more

As the world of office space evolves, flexible workspace has become extremely common and affordable. You can book space on a monthly, daily, or even hourly basis! In this post, we’ll go over the benefits of renting office space by the hour and list some office by the hour options in New York City. Why rent an office space by the hour? Here are some reasons you may want to rent office space by the hour: Cost-effectiveness If you primarily work from home, getting an office space by the hour is likely more cost-effective than getting a coworking membership. Additionally, getting flexible space me ..read more

This year for many of us has brought ups and downs. Although we’ve spent the better part of it working from home, I am optimistic that the future is bright for the commercial real estate industry. People are coming back to the office at their own pace and with their own specific needs in mind. At the same time, as we envision the next phase of SquareFoot’s growth, we know that revising and revamping past notions of the office space is critical to success. Like always, we hope to bring together modern technology and expert knowledge. So I’m excited today to share that we are adding four key mem ..read more

Unexpected natural disasters, system-wide technical and infrastructure failures, and terrorist attacks are a few of the tragedies that can affect entire communities (even entire countries)—not just emotionally, but economically. Some can even have knock-on effects that spread much further than expected. The results can mean mass casualties, huge job losses, sudden widespread homelessness, and much more. How coronavirus is affecting businesses The current global coronavirus pandemic is demonstrating how a health emergency can actually spread across the entire globe, bringing economies around th ..read more

I talk frequently about how awesome and humbling it is to be able to fill the SquareFoot office with the best and the brightest, constantly “raising the bar.” I’m proud to be able to share with you some big hiring news. As we embark on a new year, full of fresh opportunity, I’m thrilled to announce that Jonathan Tootell has joined SquareFoot as our NY Market Lead to help lead us in building out our offerings to clients. Jonathan comes with more than 15 years of experience in the NYC commercial real estate world. He has previously worked at Newmark Knight Frank, JLL, and Cushman & Wakefield ..read more