Office Industry Trends Q1 2015

Transcription

1 Office Industry Trends Q To request permission to use Kingsley data, please contact: Peggy Robinson, Vice President of Marketing

2 Overall satisfaction Overall Tenant Satisfaction 100% 95% % Satisfied 90% 85% 86.2% 86.0% 87.7% 87.9% 87.4% 87.9% 87.2% 87.0% 88.6% 88.5% 88.9% 89.0% 80% 75% 2

3 Overall satisfaction by market 100% Overall Tenant Satisfaction by Market Q Q % 89% 90% 89% 89% 89% 88% 92% 88% 89% 89% 89% % Satisfied 60% 0% Atlanta Boston Chicago Dallas Denver Los Angeles Miami New York San Francisco Seattle Washington, DC Change 1.8% 3.1% 0.6% +0.6% 0.8% +1.2% +1.9% +0.9% +1.7% +3.4% +3.3% 3

4 Value for amount paid Value for Amount Paid 90% 80% % Satisfied 70% 60% 66.8% 66.5% 68.1% 68.8% 68.1% 68.5% 67.8% 67.3% 69.0% 68.9% 69.8% 69.9% 50% 4

5 Value for amount paid by market 100% Value for Amount Paid by Market Q Q % 76% 77% 75% 70% 71% 70% % Satisfied 60% 70% 69% 68% 68% 66% 0% Atlanta Boston Chicago Dallas Denver Los Angeles Miami New York San Francisco Seattle Washington, DC Change +3.8% 2.2% +0.7% 0.9% +1.8% +0.8% +1.6% +2.0% +4.0% +1.0% +4.7% 5

6 Tenant renewal intent by market Tenant Renewal Intent (Likely) by Market 100% Q Q % Likely 80% 60% 64% 66% 67% 67% 61% 58% 63% 72% 65% 64% 59% 60% 0% National Atlanta Boston Chicago Dallas Denver Los Angeles Miami New York San Francisco Seattle Washington, DC Change 0.7% 0.4% +2.6% +4.9% 3.4% 6.4% +4.4% +4.8% +3.8% 1.6% +1.5% +0.2% 6

7 Renewal decision factors 90% 75% 81% Top Five Renewal Decision Factors by Renewal Intent Q Q % of Respondents 60% 45% 30% 0% Location 52% Quality of building 44% Space requirements 42% Property mgmt. 37% Price 45% Price Corporate decision 31% Space requirements 21% Bus. circ. Location Price 35% Space requirements 28% Corp. decision 24% Bus. circ. 16% Location Likely to Renew Unsure Unlikely to Renew 7

8 Future space needs by market Future Space Needs by Market 25% Q Q % Anticipating More Space 10% 5% 16% 19% 17% 17% 14% 0% National Atlanta Boston Chicago Dallas Denver Los Angeles Miami New York San Francisco Seattle Washington, DC Change +0.1% +0.9% +4.2% +2.8% 0.1% +1.1% 1.3% +0.5% 2.0% 0.9% +2.7% +0.9% 8

9 Overall satisfaction with green building commitment 70% Satisfaction with Green Building Commitment 68% 66.7% % Satisfied 66% 64% 64.0% 64.4% 64.5% 64.9% 62% 60% 9

10 Desired green practices Desired Green Practices Q Q % of Respondents 30% 10% 34% 18% 28% 18% 18% 16% 13% 7% 35% 30% 26% 22% 18% 9% 12% 0% Recycling program Indoor air quality program None Energy conservation E waste (electronic) recycling Green cleaning Water conservation Green pest management Daytime janitorial cleaning 10

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