The Top 100 Websites in the World

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The Sundance Company                                                                
Established in 1976, The Sundance Company has the experience to help you with your commercial real estate needs throughout the Boise Valley. If your requirements include property management, leasing, real estate development, project planning, construction or space planning then look to us. The Sundance Company has more than 1.5 million square feet of office and industrial space available in prime locations in the Boise metropolitan area. More information is available at www.sundanceco.com or 208.322.7300.

Smart Buildings: Balancing Efficiency and Tenant Experience

Smart buildings offer the promise of peak efficiency, automation and comfort, all thanks to a network of sensors that can track everything from the temperature of a room to how many people are in each office and even when equipment needs repair. But as developers, owners and building managers adopt new technologies, they will have to reckon with a delicate balance between operational efficiency and tenant comfort.

“The question is really if they’ve considered every angle,” WiredScore CEO and founder Arie Barendrecht said. “Smart technology can yield great benefits if deployed correctly, but it can lead to unhappy tenants if it’s not thought through.”

Bisnow sat down with Barendrecht to learn how buildings can use data more effectively and discuss the best paths toward a smarter future.

Bisnow: What is a smart building?

Barendrecht: A smart building is any structure that uses automated processes to control its operations. That could mean something as simple as automatically adjusting the temperature in the lobby or as complex as tracking employees as they move through the entire building. Eighty percent of new construction involves at least one facet of the Internet of Things or related smart building technologies, according to a report from Research & Markets.

Bisnow: Where has building technology been in the past?

Barendrecht: Imagine a busy metropolitan office building. Every day, thousands of people pass through electric turnstiles opened by a keycard or fob. Previously, a central data hub likely tracked activity within the turnstiles but only came into effect when there was an irregularity. For example, if somebody passed through the turnstile without a keycard, it would buzz to alert a security guard. Commercial properties would collect this data, but never examine it. The computer system was used to detect issues, not for optimization or prediction.

Bisnow: What might a smart building do instead?

Barendrecht: Instead of merely collecting data, buildings are now implementing analytics platforms that examine data and harness it to make the building work more efficiently. In our turnstile example, a smart building’s analytics might “see” a spike in activity around noon as tenants exit for lunch. The building automatically decreases the HVAC system’s output to save energy while fewer people are in the building. The key here is data-driven automation, which can extend to lighting, elevators, security and more. Automation saves property managers the headaches of constantly tinkering with different controls. It shows asset managers that the buildings are running on a more cost-efficient scale, and ultimately, it makes the building more profitable for owners and investors.

Bisnow: How might this come into conflict with tenant experience?

Barendrecht: For smart buildings to succeed, building stakeholders must also consider the wants and needs of the users of real estate, especially as office buildings evolve into hubs of human connection and collaboration. Think about a pivotal client pitch presentation in that same office building on a hot summer day. Around noon, everybody is gathered in their conference room. Just one problem: The building’s air conditioning starts to turn down automatically since the majority of tenants are leaving for lunch. The conference room becomes uncomfortably hot and the meeting starts poorly, leaving both the tenant and their client annoyed.  Operational efficiency is an extremely attractive benefit of smart buildings, but it must be balanced by a positive tenant experience. A building can have all the latest tech, but if it is not being used to make employees happier and more productive, what’s the use?

Bisnow: What’s the solution?

Barendrecht: The solution hinges on increased control flexibility and data transparency with the tenant in mind. The building’s management could have used an app like Comfy to give the tenants control over their own office’s air conditioning within the smart building. Or, the app could have at least given the office manager advanced notice that the air conditioning was going to be automatically lowered.

Bisnow: I imagine there’s more to smart buildings than just efficiency?

Barendrecht: There is huge potential for smart buildings to enhance tenants’ experience. Imagine if a calendar invite automatically booked the meeting room, sent the attendee list to the building’s security system and used the number of attendees and time of day to adjust the HVAC and lighting. Then, the conference room’s television already had the correct presentation displayed when everyone stepped into the room.  Think of all the time and headaches that are being saved just by streamlining that one process.

Bisnow: How close are these technologies?

Barendrecht: They’re here already, and they’re not just added bonuses — tenants expect them. According to QY Research, in 2018 the global smart building market size was around $58B, and it is expected to triple by the end of 2025. It is the tenants’ responsibility to ask their brokers or landlords for this type of technology and building owners’ responsibility to be prepared with it. A common industry standard for digital infrastructure like WiredScore is essential as both sides of the equation adjust.  The balance of operational efficiency and tenant experience is not new in commercial real estate, but it is being placed in a completely revised context in smart buildings. If both sides are balanced in harmony, everybody — tenants and building owners — will benefit.

Portions of this article originally appeared on the Bisnow website.

The Sundance Company                                                                
Established in 1976, The Sundance Company has the experience to help you with your commercial real estate needs throughout the Boise Valley. If your requirements include property management, leasing, real estate development, project planning, construction or space planning then look to us. The Sundance Company has more than 1.5 million square feet of office and industrial space available in prime locations in the Boise metropolitan area. More information is available at www.sundanceco.com or 208.322.7300.

 

How To Keep Your Digital Data Safe While Travelling

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The Sundance Company                                                                
Established in 1976, The Sundance Company has the experience to help you with your commercial real estate needs throughout the Boise Valley. If your requirements include property management, leasing, real estate development, project planning, construction or space planning then look to us. The Sundance Company has more than 1.5 million square feet of office and industrial space available in prime locations in the Boise metropolitan area. More information is available at www.sundanceco.com or 208.322.7300.

Are Office Perks Overrated?

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Photo by Kamille Sampaio on Pexels.com

In today’s labor market, companies are doing all they can to attract employees and keep them around. From free beer to foosball tables, many employers are going all out to get your attention.

But the noise and hoopla of silly perks can be a distraction. They might seem like fun things to have, but when you’re choosing your next job, your next company, or even deciding whether to stay in your organization, you need to look behind the hype.

Here are just some of the many reasons why the following perks are probably overrated.

  1. PING-PONG AND FOOSBALL TABLES

Ping-pong and foosball tables might sound great in theory, but it’s even more important to consider whether the company has a healthy dose of competition. Many organizations spur on teams with internal contests for the highest sales or best customer satisfaction. These friendly rivalries can drive positive outcomes and good relationships.

But does the company keep the competition in check? After all, too much opposition can breed in-fighting or a culture where people are working against each other’s success, rather than working together to beat the competition in the marketplace.

  1. FREE FOOD

Well-stocked break areas, fancy-flavored water, or daily ice cream breaks might seem like a dream. But it’s not always a sign that the company has your actual well-being in mind. Are there healthy snacks in addition to sugary treats? Does the company also offer on-site wellness clinics and excellent healthcare (including support for mental health)? Are you able to take walking breaks? Look beyond the superficial break area experience to determine whether the company is considering you as a whole person and contributing to your overall well-being.

  1. ON-SITE SERVICES

It might seem convenient to have your work provide dry cleaning drop-off or pickup at work. But you also need to think about whether the company allows you to work reasonable hours. Sometimes, convenience perks suggest that a company expects you to work constantly—after all, why would you need dinner at the office if you weren’t working through your evening meal? Of course, you’ll want to work hard and make a significant contribution. But you can do this best when you also have time away from the office, and when you’re not always “on” at work.

  1. SLIDES AND SWINGS

Slides and swings might seem like a chance to transport your childhood to your adulthood and let you work with abandon but think about whether the organization truly empowers employees. Are you able to take appropriate risks on new projects or stretch your wings to grow your career? Do leaders trust employees and give them the freedom to complete work in their own ways rather than micromanaging them? Can you work in plenty of different venues across campus or from home occasionally? You’ll enjoy your work most when you can deliver results with autonomy for how you work, where you work, and when you work.

  1. TERRACES, BALCONIES, AND OUTSIDE WALKWAYS

The opportunity to get outside and enjoy the vista around your office is a terrific way to get some perspective during your workday. But be sure that the long view is part of your overall experience with the company—not just a literal moment in the sun. Consider whether you feel a sense of purpose in your work and ensure you’re committed to where your company is going. You’ll enhance your motivation and avoid burnout if you feel like you’re contributing to something larger than yourself that matters in the long term.

  1. YOGA, MASSAGE, AND TAI CHI CLASSES

No one can argue with the benefits of these perks. Most companies offer wellness options to demonstrate they value employees. But these will do very little for your well-being if you aren’t sure you feel valued for the work you’re doing. Can you bring all of yourself to work? Do you receive recognition for the outcomes you produce? Do you have opportunities for continuing education or professional development? Are you appropriately rewarded for the work your company pays you to do? Feeling valued generally is a good thing but feeling valued for the contribution you make is even more critical.

  1. BEER ON TAP

An open bar is a great way to meet colleagues and cut loose (as long as you don’t cut too loose). But it’s even more crucial that the organization promotes healthy relationships between people and teams. Having a best friend at work is rewarding, and working with a team of people whom you value and who value you can be some of the most critical aspects of your happiness at work. Consider whether the company’s culture fosters real connections and meaningful relationships with coworkers.

With companies providing so many perks, it’s a great time to be an employee. But if you want to be genuinely fulfilled at work, you need to look beyond the ping-pong tables, slides, or beer on tap. Ensure that the company has a healthy culture and values your health and well-being. Consider whether the company respects your right to have a life outside of work and empowers you to get your job done. Choose a socially responsible company where you have great relationships with colleagues and a sense of purpose.

Everything counts when choosing your work experience, and right now you can afford to be selective. Enjoy the sugary high you get from the free snacks, but more importantly, focus on the nature of the culture and the work. Those are the things that will provide more buzz in the long term.

Portions of this article originally appeared on the Fast Company website.

The Sundance Company                                                                
Established in 1976, The Sundance Company has the experience to help you with your commercial real estate needs throughout the Boise Valley. If your requirements include property management, leasing, real estate development, project planning, construction or space planning then look to us. The Sundance Company has more than 1.5 million square feet of office and industrial space available in prime locations in the Boise metropolitan area. More information is available at www.sundanceco.com or 208.322.7300.

 

The Habits of Highly Effective Leaders

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The Sundance Company                                                      
Established in 1976, The Sundance Company has the experience to help you with your commercial real estate needs throughout the Boise Valley. If your requirements include property management, leasing, real estate development, project planning, construction or space planning then look to us. The Sundance Company has more than 1.5 million square feet of office and industrial space available in prime locations in the Boise metropolitan area. More information is available at www.sundanceco.com or 208.322.7300.

How To Combat Stress At Work

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The Sundance Company                                                      
Established in 1976, The Sundance Company has the experience to help you with your commercial real estate needs throughout the Boise Valley. If your requirements include property management, leasing, real estate development, project planning, construction or space planning then look to us. The Sundance Company has more than 1.5 million square feet of office and industrial space available in prime locations in the Boise metropolitan area. More information is available at www.sundanceco.com or 208.322.7300.

Christmas Traditions Around The World

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The Sundance Company                                                      
Established in 1976, The Sundance Company has the experience to help you with your commercial real estate needs throughout the Boise Valley. If your requirements include property management, leasing, real estate development, project planning, construction or space planning then look to us. The Sundance Company has more than 1.5 million square feet of office and industrial space available in prime locations in the Boise metropolitan area. More information is available at www.sundanceco.com or 208.322.7300.