- How do you define Silicon Beach?
What are the submarkets of Silicon Beach?
- We're talking about a
revolution of workspace design
and we're starting obviously
with a conversation
of the tech world but that is going
to translate into other industries.
I was just back at ULI
where you hear companies
such as Eli Lilly,
American Express and Duke Energy
who are traditional office tenants
completely changing the
way that they do business.
And these large companies trying to create
these real high performance
workplace environments.
And that's really what
this all has bred from
which is from this tech world.
I think that the 150 is the new 250
so it's 150 usable square feet to you know
a full time employee with
some even going down to 110.
So as a landlord you've gotta
be really concerned about this
now they're also looking
for more open space
don't get me wrong to overcompensate that
but as a net it's still less space.
Jerry maybe you can attest to this or not.
So as a landlord it's
really a concern you know?
How do we look at buying buildings.
I mean for those of you,
the landlords out there always looking,
we're focusing on demand drivers okay?
So do I want a big 500,000
square foot building, you know?
Or do I want something
a little more targeted
that I think will be
catering to a certain demand
right now that also will
in it's next generation
be able to adapt also.
It is remiss as a landlord if you
do not thoroughly roll up your sleeves
and get involved with
the demand that these
tenants are demanding.
