Coworking and flexible office spaces are inherently positioned to support environmental sustainability due to their sharing-oriented model. As we approach Earth Day on April 22nd, we're proud to celebrate our commitment to sustainability by becoming SUPER Certified! (Single Use Plastic Elimination or Reduction). SUPER® is a non-profit organization that provides 3rd party certifications to [...]
COVID-19 has undeniably accelerated the work-from-home (WFH) trend. Companies around the world have successfully shifted to a remote model—some of them permanently. But WFH has its limitations. Anyone who has struggled with isolation, loneliness, lack of productivity, or just plain boredom walking from the desk to the kitchen coffee pot and back again all [...]
Written by Tracy Wilson, Managing Partner of Pacific Workplaces Hospitality has always been an imperative component for the success of a flexible office business. At Pacific Workplaces (PAC), we closely monitor our client testimonials and online reviews – delighting in the great experiences shared by our members and cringing at those that give us [...]
Written by Tracy Wilson, Managing Partner of Pacific Workplaces Forget what you heard about the value of high-density officing (the comradery, the creativity, the shared experiences), at least for a while, and relish the previously un-normal (ode to over-use of ‘new normal’) virtues of a private office to yourself … blissful solitude and plenty [...]
Dear PAC & NextSpace Members, I hope you and your family are safe. We’ve all had more than our share of hardship during this COVID-19 crisis, but there are good reasons to be hopeful. Our joint future is what I would like to address today. Some of the dreams we had, entrepreneurial, social, or [...]
With three weeks into the Shelter In Place (SIP) order and lifestyle, in response to COVID-19, several new policies and guidelines for our members and team have been implemented at Pacific Workplaces. On March 31, 2020 the Bay Area counties created enhanced social distancing requirements, which you can read about in this article. This [...]
Written by Laurent Dhollande, CEO 1) PAC is profitable and has been for over 16 years Not many operators can say that they successfully weathered two recessions, while staying cash flow positive. PAC can. This is in part because many operators were founded after the last Great Recession. What will happen when the economy [...]
Written by Laurent Dhollande, CEO Photo credit: Handout WeWork’s bad press since their IPO fiasco is raising new questions for commercial office asset owners & managers: Is the WeWork story symptomatic of the Coworking industry? Should I take a pause before pursuing a coworking operator to move into my building? Is coworking [...]
This article explores the after-effects of WeWork’s colossal pre-IPO collapse and its impact on landlords, investors, coworking operators, and WeWork SMBs and Enterprise members. The 2019 collapse of WeWork has been well documented. The reader can go to the end of the article for a summary of the chronology of events and key metrics. [...]
Article below as seen on the New York Times Author: Amanda Abrams When Research Triangle Park in North Carolina opened in 1959, its bucolic setting was considered a major selling point. With office buildings hidden behind grassy meadows and swaths of pine forest, the quiet development was viewed as a perfect spot for the [...]
