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January 11th, 2016

Each week, I select a few articles that rise above the fray and hopefully help you on your journey in the CRE world. They pull from one of four “corners:” corporate real estate, technology, management science and anything positive. I welcome your comments on these articles and the submissions of others (with credit to you if I post them). I wish you a terrific week!


U.S. Office Rents Jump in Q4
U.S. office rents increased at their fastest pace in seven years in 2015 as robust job gains and lagging construction continued to create tighter market conditions in most markets. U.S. office markets absorbed 21.3 million square feet (msf) of office space in the fourth quarter of 2015, up 2% from the previous quarter but down 1.1% from the fourth quarter of a year ago. For all of 2015, net absorption registered at 81.7 msf, which is the highest level since 2006. The national office vacancy rate fell 80 basis points from the fourth quarter of 2014 to 13.9%. www.cushwake.com

How Age and Gender Affect Self-Improvement
Based on overwhelming research in the social sciences, we know that it is easier to change a person’s behavior than to change their attitudes. And mindset – whether “proving” or “improving” — is most certainly a complex set of attitudes. We recommend that anyone wanting to move toward a growth or improving mindset begin by asking for feedback from colleagues. Start with small doses and gradually increase the amount and frequency of the feedback you are willing to hear. www.hbr.com

Drone Photography is Changing How We Approach Real Estate
Aerial photos and video shot by drones are adding a cutting edge element to the luxury real estate market, giving a field that is already highly competitive a touch of Hollywood style production.www.businessinsider.com

Telecommuting Can Make the Office a Lonely Place, a Study Says
In a study of a Fortune 100 company in Silicon Valley that freely allowed off-site work, the researchers found that the employees who chose to continue working in the office ended up feeling lonely and disconnected. Many of these people came into work because they desired social interaction, and yet they found themselves deprived of the convivial lunches, spontaneous hallway interactions and impromptu office conversations that can be so energizing www.nytimes.com

6 for 16: My Atlanta Forecast for 2016
My scribbling on what will happen in Atlanta real estate in 2016.  www.cushwakeatlanta.com

To your success, Ken