5 Reasons Why Companies Use Third Party Storage Facilities

Posted on Updated on

storage-units-hallwayWhen I say “storage”, a couple thoughts may come to your mind— “the cloud”, which more and more companies are using to store soft copies of files and documentation, or a storage closet where items like unused furniture, filing cabinets, hard copy files and other hard assets are kept.

But what about third-party storage facilities? Should companies take advantage of such services or just store inactive items somewhere in their office space?

Here are some thoughts to take into consideration:

  1. Cost – Consider your office space lease rate. According to the Toronto Real Estate Board (TREB), the average office space lease rate in downtown Toronto in the last quarter of 2016 was $12.86/per square foot net1. If the storage space required for your inactive hard assets is roughly 50 square feet, then $643 of your total monthly lease would be paid towards storing hard assets not currently in use in your office space. A third-party storage facility may charge $150 to $200 per month for the same size storage space. That alone would be a monthly savings of over $400 in favour of using a third-party storage facility.

  2. Space usage – Would storing your inactive hard assets be an effective use of your office space? With the trend towards companies occupying smaller office spaces, the need to utilize every valuable square foot of office space for business-related activities would likely be a more business savvy choice than trying to squeeze those items in a corner of your office space.

  3. Security – Your office space landlord may provide the security services needed to protect all of your valuable assets but the same would be true for a third-party storage facility. Security cameras and special security locks are just a couple of features that third-party storage facilities offer their clientele.

  4. Flexibility – Ahh! There is that key word again. Unless you foresee re-purposing your inactive hard assets into your office space design in the immediate future, keep in mind that third-party storage facilities do offer flexibility in terms of short-term and long-term storage leases, location, and sizes of storage spaces, while giving you the flexibility you need to maximize the use of your office space.

  5. Accessibility – Whether accessibility means “proximity”, “information about” or just “ease of extracting” those inactive hard assets when needed, third-party storage facilities offer it all. Some storage facilities may even offer or arrange a delivery service as an added convenience to their clientele.

These are just a few advantages. If you are considering to use a third party storage facility for your inactive hard assets, contact us for more information. We provide secure, temperature controlled, flexible solutions for all your storage needs.

………………………………

DJ Mcgauley and Associates Inc. is your Office Space Planning, Renovations and Relocation Project Management Company of choice. If a renovation or relocation of your office space is in your plans, please contact us to arrange a no-obligation site meeting. By the end of that meeting, you will know all that would be required to make your office renovation/relocation project a successful reality.

Ask us about our asset management services!

Call 416-239-1931, email info@djmcgauleyandassociates.com or visit our website for more information and to complete our contact form.

……………………………………….

 

1Toronto Real Estate Board, Commercial Realty Watch Fourth Quarter 2016, http://trebcommercial.com/public/comwatch/com_back/2016/pdf/cw16Q4.pdf

Happy Family Day!

Posted on Updated on

family-day-2017

DJ Mcgauley and Associates Inc. is your Office Space Planning, Renovations and Relocation Project Management Company of choice. If a renovation or relocation of your office space is in your plans, please contact us to arrange a no-obligation site meeting. By the end of that meeting, you will know all that would be required to make your office renovation/relocation project a successful reality.

Ask us about our asset management services!

Call 416-239-1931, email info@djmcgauleyandassociates.com or visit our website for more information and to complete our contact form.

Happy Valentine’s Day!

Posted on Updated on

valentines-2017

DJ Mcgauley and Associates Inc. is your Office Space Planning, Renovations and Relocation Project Management Company of choice. If a renovation or relocation of your office space is in your plans, please contact us to arrange a no-obligation site meeting. By the end of that meeting, you will know all that would be required to make your office renovation/relocation project a successful reality.

Ask us about our asset management services!

Call 416-239-1931, email info@djmcgauleyandassociates.com or visit our website for more information and to complete our contact form.

5 Ways to Spread a Little “Love” Around the Office

Posted on

valentine-thank-youFebruary, the month where some people think about how to best express their love and appreciation for the person or people who have invested a portion of their lives to impact one’s own life. Usually, the “person” or “people” refer to family members or significant others, but what about the people who have chosen to invest their time and talent into the success of your business? How can you show a little “Love” to those people? Here are a few thoughts:

  1. Have a Valentine-themed In-Office Luncheon Party. Whether it’s ordering pizza or gourmet sandwiches or any other delicatessen your team enjoys, ordering lunch in the office for your team shows them that you appreciate who they are and all that they do for your business. As for the Valentine theme, a quick trip to a nearby dollar store for a red/white table covering and package of foil hearts can inexpensively add an exclamation mark to your expression of appreciation for the team and its efforts.
  2. Alternatively, you can take your team out for lunch to achieve the same effect as #1 above. Just be mindful that this option can eat up some valuable time during business hours.
  3. Give a candy-gram or flower-gram card with a personal note of appreciation to each team member. Individually wrapped candy or chocolate, or a flower such as a carnation with a note of “thanks” is also a nice way to express your appreciation towards your team members. An added touch would be for you to deliver the grams personally to each team member when they come in the office so that you can verbally thank them for all that they do.
  4. Send e-cards or e-messages. For those of you who work with a team whose members primarily work at remote sites, sending an e-card expressing your appreciation for all that they do could be a good way to spread the “love”. Of course this option does not have to be limited to your team members. It could also be extended to your clientele and other stakeholders that contribute significantly to the success of your business
  5. Add a recreational item to the office that everyone coming into the office can enjoy when they need a break. I know—a little different from the previous ideas above, but the idea behind adding a recreational piece to the office space—a pool table with accessories, foosball table, table tennis with accessories, etc – especially if your office does not already have this, is two-fold. First, it says “Thanks. You are valuable members…” to your team, just in a more grandeur way. Second, the recreational piece adds a health element to your office space, giving your team members an alternative way to release stress and get their creative juices flowing while in the office. It can also “break the ice” when meeting with existing or potential clientele.

There are probably countless other ways to express your appreciation to your team members. I have only named a few. The key is to make sure you give or do something that your team can and will appreciate in the short and/or long term. They will reciprocate by continuing to ensure your business remains competitive and successful.

……………………………………………………………………………………………………………………

DJ Mcgauley and Associates Inc. is your Office Space Planning, Renovations and Relocation Project Management Company of choice. If a renovation or relocation of your office space is in your plans, please contact us to arrange a no-obligation site meeting. By the end of that meeting, you will know all that would be required to make your office renovation/relocation project a successful reality.

Ask us about our asset management services!

Call 416-239-1931, email info@djmcgauleyandassociates.com or visit our website for more information and to complete our contact form.

—————————————————————

Keywords/Tag – team, member, tips on building a team, tips for keeping team motivated

More Creative Ways to Produce Privacy In An Open Office Space Environment

Posted on Updated on

As much as the open office space is a preferred design with most of today’s companies, certain office activities still require a bit of privacy… or the opportunity to get loud without causing too much distraction for fellow employees. As a result, both furniture and office space design companies have come up with a variety of creative solutions to create “privacy” without compromising the open-concept design. We’ve covered a few of them in previous blogs — office pods, partial living walls, Everblock®and Tetris® furniture and walls, use and placement of storage cabinets…but here are a couple more options an organization can take into consideration:

viswall-rotating-screens

  1. The Rotating Office Screens – A similar concept to vertical blinds, the rotating office screen is actually a series of double-panel slats, each of which rotates on its own pointed base plate. Each slat and base unit can easily be oriented into specific formations in relation to the other slat-base units to create an interesting decor within the open office space design while in “open” position. Once a private meeting is required, the same slats can be turned to the “closed” position, instantly creating a semi or fully private meeting area.

  1. Acoustic Office Screens – Not entirely new to the office space design world, acoustic office screen panels are now available in a variety of sizes, colours and shapes to offer flexibility and interesting decor to an ever-changing open office space environment. Each panel is designed to either stand on casters or on its own unique base, so they can be easily positioned to either add a design to a main wannabe-tree-screenwall or create a semi-private space for individual or collaborative activities. In some cases, the panel shapes are irregular but can interlink to make a visually stimulating wall design or collaboration area. In other cases, the walls are stackable or can easily “nest” into one another, allowing for easy storage. What is even more advantageous is the acoustic office screens are made with soft materials designed to absorb sound, so they help lessen sound disturbances in an open office space environment.

The best part about these solutions is that they not only provide a “privacy” option to the open-concept office space design, but they also enhance flexibility within an open office space design.

……………………………………………………………

DJ Mcgauley and Associates Inc. is your Office Space Planning, Renovations and Relocation Project Management Company of choice. If a renovation or relocation of your office space is in your plans, please contact us to arrange a no-obligation site meeting. By the end of that meeting, you will know all that would be required to make your office renovation/relocation project a successful reality.

Call 416-239-1931, email info@djmcgauleyandassociates.com or visit our website for more information and to complete our contact form.

……………………………………………………………………..

References:

Urban Office, “Viswall Rotating Screen”, https://www.urban-office.com/office/office-screens/viswall-screen.html

Urban Office, “Wannabetree Screen”, https://www.urban-office.com/office/office-screens/wannabetree.html

Urban Office, “Alp Screen”, https://www.urban-office.com/office/office-screens/alp-screen.html

Office Space Ideas That Take Flexibility to a Whole New Level

Posted on Updated on

everblock-office-deskOK. Do you remember one of my previous blogs stating that flexibility would be key in office space design? Well, there are actually some office space ideas, concepts and materials that take “flexibility” to a whole new level.

Take, for example, the Everblock®. If you were ever a Lego® fanatic or ever dreamed of living or working in a room built of Lego® blocks, your dream could easily become a reality. Inspired by Lego®, Everblocks® are sturdy modular plastic life-sized interlocking blocks that can easily be used to build a wall divider or room whenever needed– but that’s not all. These same blocks can be used to build chairs, desks, sofas, shelving, cabinets….pretty much any furniture your office would need… and your team can be the creative “Masterbuilders” of it all. Talk about flexibility!

How about the sliding inflatable wall that doubles as a lounge bed? That’s right. A glossy transparent inflatable screen resembling a giant form of bubble-wrap is set within a frame on castors to create a great sliding office partition that can easily be moved around to define certain office areas without compromising too much on the open office space concept. This same inflatable screen can slide out of its frame and be laid on the floor to create a lounging area or bed. That’s flexibility.

tetris-chair-sofa-bed-sdesignunitIf you are more of a Tetris® fan, then here is an idea for your office– Tetris® inspired furniture pieces which when fitted together can either be a table with chairs (suitable for a lunchroom setting), a lounge sofa, a full length display table, shelving, a storage unit…the possibilities are seemingly endless.

What is great about these ideas is that they not only facilitate flexibility in an office space, but they also encourage active creativity while taking into account the well-being of staff. Now that is thinking outside of the box.

…………………………………………………………………………………………………………..

DJ Mcgauley and Associates Inc. is your Office Space Planning, Renovations and Relocation Project Management Company of choice. If a renovation or relocation of your office space is in your plans, please contact us to arrange a no-obligation site meeting. By the end of that meeting, you will know all that would be required to make your office renovation/relocation project a successful reality.

Call 416-239-1931, email info@djmcgauleyandassociates.com or visit our website for more information and to complete our contact form.

……………………………………………………..

References:

Everblock Systems, http://www.everblocksystems.com/

Trendir, Sliding Office Partition, Inflatable Free-Standing Screen From Sacea, http://www.trendir.com/sliding-office-partition-bablo/

Ackerman, E, Oh Gizmo, Space Efficient Furniture from Tetris, Http://www.ohgizmo.co/2007/09/10/space-efficent-furniture-from-Tetris

Tags: office, office space, flexibility, office furniture

Bigger Companies, Smaller Office Spaces – What Gives?

Posted on Updated on

modern-business-office-spaceWell, 2016 is gone but the trends of larger growing companies occupying a smaller office space footprint and fitting more people in smaller work spaces will still be strong in 2017.

Why? Well, there are a few contributing factors:

  1. Companies operate differently – Throughout 2016, more and more companies adapted the “Workplace 2.0” style of operations. Instead of stringent 8am-4pm or 9am-5pm working hours for most staff, organizations allowed more flexible hours for their workers. Instead of assigned workstations, office and workstation “hotelling” or reservation-based seating became a popular practice. There were increasingly more opportunities for staff to work from home. Some organizations even found it more economically sound to outsource some of their administrative or in-office operations to outsiders who wanted to work from home. In addition, part-time and contract hires were on the rise. These trends are likely to continuing through 2017.
  2. Technological advances – Video conferencing, teleconferencing, Smartboards and other technological advances have lessened the demand for staff to physically meet in the same room, thus lowering the need for large meeting room spaces. The introduction of virtual storage spaces like the Cloud lessen the need for a lot of physical filing and storage space. In fact, physical filing and storage units have been re-purposed to store personal belongings, limiting the need for physical storage to be at the workstation itself. Most work is done on electronic devices (laptops, Ipads, etc) which are physically thinner and smaller. Even signatures are electronic– thus limiting the need to deal with physical paperwork.
  3. Economy – Though demand for commercial real estate remains relatively high in Toronto, there is an overall level of uncertainty about how the Canadian economy will be affected by key international events like Brexit and the US election results. The low oil prices and the low Canadian dollar, however, seem to make Canada an attractive country for international organizations to invest and expand in, which could be why commercial real estate vacancies could experience a slight decrease in 2017.

So what gives? Big companies, both local and international, will likely continue to occupy smaller office spaces throughout 2017 in order to maintain a competitive edge in a volatile economy.

……………………………………………………………………………………………………………………..

DJ Mcgauley and Associates Inc. is your Office Space Planning, Renovations and Relocation Project Management Company of choice. If a renovation or relocation of your office space is in your plans, please contact us to arrange a no-obligation site meeting. By the end of that meeting, you will know all that would be required to make your office renovation/relocation project a successful reality.

Call 416-239-1931, email info@djmcgauleyandassociates.com or visit our website for more information and to complete our contact form.

……………………………………………………………………………………………………………………..

References:

PWC and Urban Land Institute, “Emerging Trends In Real Estate: Canada and the United States 2017”, http://read.ca.pwc.com/i/741231-emerging-trends-in-real-estate-2017/5?utm_source=communities-etre&utm_medium=social&utm_campaign=emerging-trends-in-real-estate-2017

Kirby, J., Macleans, “75 Charts Every Canadian Should Watch in 2017”, http://www.macleans.ca/economy/economicanalysis/75-charts-every-canadian-should-watch-in-2017/

Keywords: Space

tags: office space