Show notes
In this episode Caleb, Jonathan and Dave talk about COVID’s impact on the office market, the hybrid work model, whether companies will shrink their office footprint as a result, and what customers are saying they want from office buildings going forward. Jonathan Pearce from Canadian based real estate investor and developer Ivanhoé Cambridge, who manage of billions of dollars worth of assets globally, joins Bold Founder, Caleb Parker, to discuss COVID’s impact on the office market, the hybrid work model, whether companies will shrink their office footprint as a result. They talk about what customers are really saying they want from office buildings going forward and how Space-as-a-Service can bridge the growing gap between supply and demand. They are joined by CBRE’s Dave Cairns, a prominent thought leader within the commercial real estate industry. Connect with Jonathan Pearce on LinkedInhttps://www.linkedin.com/in/jonathan-pearce-7b7b3b1b/ Connect with Dave Cairns on LinkedIn https://www.linkedin.com/in/dave-cairns-5644a233/ Connect with Caleb Parker on LinkedInhttps://www.linkedin.com/in/calebparker/ If you have any questions or feedback on this episode, email [email protected] Value Bombs Quality will trump commodity – Jonathan Pearce I believe the office has a major role to play in the platform of work – Caleb Parker If the office going forward is simply a desk and a chair, that just isn't going to be good enough. There needs to be a compelling value proposition, a reason to come in, different types of spaces, maybe an environment that people are going to miss when they're not there – Jonathan Pearce We've reached an unparalleled and unprecedented era of polarisation. Some companies leaning into a future of workplace choice and others hoping for a return to the old ways of working – Caleb Parker I fundamentally believe that COVID has changed the job market forever – Dave Cairns Everyone's heard of following the money, but we're trying to follow the people – Jonathan Pearce Over the last 14 months, we've demonstrated that technology supports remote work – Jonathan Pearce CBDs and those prime locations are going to be more important than ever – Dave Cairns It all begins and ends with listening to the customer - Jonathan Pearce People will be much more judicious with their time, and have interactions with a sense of purpose – Jonathan Pearce It always baffles my brain that commercial real estate is the only sector that I can point to that doesn't currently solve all of their customers problems for them – Jonathan Pearce Resources Dave Cairns article:https://www.linkedin.com/pulse/what-cure-workplace-pandemic-dave-cairns/ Dave Cairns #WorkBold Podcast Episode: https://workbold.co.uk/why-is-cbre-forward-cofounder-all-in-on-space-as-a-service/ Pontus Kihlman’s LinkedIn:https://www.linkedin.com/in/pontuskihlman/ Ivanhoé Cambridge “Do You Miss The Office?” Podcast https://www.Ivanhoécambridge.com/en/news/podcasts/ About Jonathan Pearce Jonathan Pearce is responsible for leasing across Ivanhoé Cambridge’s Office and Industrial platforms in North America. He is also Co-Head of Development for Ivanhoé Cambridge’s Office & Industrial asset classes. His responsibilities include leasing for all owned (managed and non-managed) office and industrial properties and developments in Canada and the Continental US, currently comprising more than 120 million square feet in multiple markets, which include: Toronto, Montreal, Calgary, Chicago, New York, Boston, Atlanta, Charlotte, Mexico City, Houston, Dallas, Tampa, Jacksonville, Nashville, Salt Lake City, Denver, and Greater Los Angeles and the Inland Empire. Ivanhoé Cambridge currently has five office developments under construction or pre-development in the Americas in the following markets: Toronto, Dallas, Denver, Houston and Mexico City, and a variety of industrial projects under development across the United States. Jonathan has more than 25 years of experience in office & industrial leasing and the sale of corporate investment assets in multiple markets. He also holds a BSc. (Hons) in Urban Land Economics and is a Professional Associate of the Royal Institution of Chartered Surveyors. About Dave Cairns Dave Cairns started his career at CBRE in 2012 after being a professional poker player where he was ranked as one of the top 100 online tournament players in the world for a time. Since then, Dave has become a thought leader within the commercial real estate industry with global recognition. He is an avid content creator on LinkedIn, who is highly respect by his peers, and has received over 1 million views in 2020 alone. Working alongside his team, Dave’s focus is on working with high growth companies in the tech sector, Space as a Service Operators (#SPaaS), and with financial services firms on a local, national and global level. Dave also leads a partnership with Deloitte on their Technology Fast 50 program, advising many of Canada’s fastest growing technology companies on their real estate requirements. He is also the co-founder of CBRE Forward, a platform designed to showcase the fastest growing tech companies in Canada. Sponsors Fortune Favours the Bold Bold merges property management & Space-as-a-Service to drive asset value and help office customers grow faster. Now part of NewFlex (www.workbold.co) Future Proof Your Portfolio with NewFlex NewFlex delivers and manages a range of branded solutions for every type of building, in every type of location, for every type of occupier. Including the flexibility to develop your own brand. All enabled by flexible management contracts where we are invested in making money for you. (www.newflex.com) Launch Your Own Podcast A Podcast Company is the leading podcast production company for brands, organizations, institutions, individuals, and entrepreneurs. Our team sets you up with the right equipment, training, and guidance to ensure you sound amazing. 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