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Philly State of Office

Redefining the Future of Work Space

Event Ended On: Thursday October 14 2021

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Event Host

Events Raw Space

1600 Market Street

1600 Market Street is a 825,968 square foot, 39-story Class A office tower in Philadelphia’s thriving Central Business District. 1600 Market Street’s ideal location places its tenants within a short walk to a number of award-winning restaurants and luxury retail. By seamlessly pairing Pop Art that celebrates Philadelphia’s character with 2021 workplace wellness standards, 1600 Market offers an office environment unlike anything else in Center City. This landmark building’s history and prominent location combined with the signature art is integrated into the light-filled redesigned lobby and throughout all of the amenity spaces—creating modern, exciting and functional workspaces.

OUR COMMITMENT TO YOUR SAFETY

We have experienced the enthusiasm of returning to live in-person events this year, having safely and successfully hosted more than 10,000 executives to date. While we are thrilled to convene together to propel growth within CRE, COVID-19 remains a worldwide concern and Bisnow is committed to practicing safe protocols at our events. You can expect the following:

 

  • Facial coverings will be required by all staff & attendees, regardless of vaccination status. Masks will be made available at the door.
  • Temperature checks will be conducted at entry.
  • Attendance at the event will be capped.
  • Contact tracing procedures will be employed for any reported exposure.
  • Socially distanced seating will be available in the main event space.
  • Enhanced sanitization protocols will be adhered to throughout the event space including regularly disinfecting surfaces throughout the event and hand sanitizer provided to all attendees.

 

As local regulations and guidance evolve, the CRE industry continues to lead the way forward. We look forward to gathering safely to do what we do best: network, connect, and engage to do more business. We look forward to hosting you soon.

Speakers and Panels

Fireside Chat

The Impact of Office on Center City

Hope & Progress: Transforming the Philadelphia Office

The Past, Present, & Future of Work Spaces

Craig Grossman

Craig Grossman

General Partner, Arts & Crafts Holdings

WHY THIS MATTERS

What You’ll Learn:

  • The value of commercial real estate is still down by 6% compared to one year ago. What action plans should be put in place to safeguard the value of office assets?
  • According to the NAR’s Q1 survey report, 70% of office real estate members conveyed that companies are leasing or moving into offices with smaller square footage due to working from home. What amenities and design adaptations will help retain tenants and promote growth?
  • Nearly 14% of Center City‘s office space was listed as available during the first three months of 2021, according to CoStar Group. How high could the vacancy rate go, and what could that mean for the market?

 

  

How You’ll Do More Business: 

  • The value of office assets is facing major tension because of COVID-related changes in the market. With remote work influencing tenant retention and COVID’s influence on design and lease terms, it is difficult to agree on the value of the office. 
  • Learn how to turn pain points into profit, define which relationships you should nurture to maximize earning potential, and discover how to best position your company to take advantage of forecasted investment opportunities.

    

Who You'll Meet: Investors, developers, architects, brokers, tenants, and engineers. 

   

Why You Should Attend: Bisnow events bring together the biggest power players in the industry to identify opportunities, build your network and expand your business. With the largest audience of commercial real estate professionals in the world, no one knows how to help your business more than us. Join Bisnow as we jump into the market in SoCal to analyze its strengths and strategize on its areas of opportunity.

    

For questions, recommendations, comments, or press inquiries please email our Philadelphia event producer, Jane Jenkins at Jane.Jenkins@bisnow.com.

Venue

1600 Market Street
1600 Market Street
Philadelphia, PA 19103

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Agenda

Time Activity
8:00 AM
9:00 AM
Networking & Registration
9:00 AM
9:15 AM
Welcome Address
What Unites Us: The Art of Working Independently Together
9:15 AM
10:15 AM
Panel Discussion
Hope & Progress: The Past, Present, & Future of Philly Office
10:15 AM
10:45 AM
Fireside Chat
The Impact of Office on Center City
10:45 AM
11:45 AM
Networking

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