Executive Suites available – New York City

February 29, 2008

photo-1092-1.jpgThis centre occupies the entire floor in this location; the center boasts spectacular views of midtown, Lower Manhattan, the Statue of Liberty, Times Square, Hudson River, and Geo, Washington Bridge and the Empire State building are located just 2 blocks from the center. Macy’s department store, H&M, Tourneau and other retailers are within a block radius of the center. Restaurants, bars and cinemas are also just a stone’s throw away.

The center boasts direct access to Penn Station, via escalators. A 650 bay underground parking garage is also on site. Amtrak, Long Island Railroad, New Jersey Transit and New York Subway users can hop off their train and access the centre, without ever having to go outside. Air Train also links Penn Station with Newark Liberty International Airport. A coach service also links Penn Station to LaGuardia Airport and John F. Kennedy International Airport, making this location a convenient spot for commuters to work at.

The centre offers 4 conference rooms. Networked high-speed color copiers, LCD projectors, Videoconferencing and TV/VCR units ensure that you are always fully prepared for every meeting, an onsite team will handle all of your professional needs in a timely and courteous manner.

Other amenities this centre has to offer include:

• 24 Hour access
• Air conditioning
• Alarmed or manned security
• Voicemail services
• Virtual office services
• Manned reception
• On site management and staff
• Office furniture
• Internet access
• Kitchen facility
• WAN capacity
• Touchdown facility
• T1 + Broadband
• Posting / Franking collection
• Courier services
• Modem + ISDN + Broadband
• Message taking

… And many more

To find out more about this centre or to arrange a viewing, call us today on 888.989.0006 or alternatively you can email your requirement to sales@sos-america.com

Executive Suites available – Bellevue, Washington State

February 29, 2008

photo-7678-1.jpgThis centres location is situated in the core of downtown Bellevue, with captivating views of the Seattle skyline, Mount Rainier and Lake Washington, as well as easy access to I-405.

The Sheraton Bellevue Seattle East Hotel resides on the same block as the centre and the Courtyard by Marriott, Westin Hotels & Resorts, and Guest Suites Pacific are nearby.

Clients are twenty minutes from the Seattle Tacoma International Airport with shuttle services by the Seattle Portland Express, bus services and train services are also available nearby the centre.

Within three blocks of the tower centre is the Bellevue Square where a wide variety of shopping, dining and entertainment options are available such as: P.F. Changes, Ristorante Luciano, The Cheesecake Factory, Z’Tejas Southwestern Grill, Ruth’s Chris Steak House, Pagliacci Pizza, and more.

Throughout downtown Bellevue is the soothing Botanical Gardens and the awe-inspiring Bellevue Art Museum. The neighborhood also includes the Glendale Country Club, Home Depot, Jack & Jill Day Care, along with many unique boutiques and every day amenities.

Clients can enjoy the use of an elegant reception area, four fully-furnished conference rooms, and two guest offices. The Center also provides LCD projectors and other advanced audio-visual technology. Our onsite support team is also available to provide professional administrative support. For added convenience, clients have 24 hour access to the building and underground parking, as well as around the clock security.

This building features twenty-four floors with a variety of professional amenities such as a café, fitness center, specialty store and a full service bank.

Other amenities that this centre has to offer include:

• 24 Hour access
• Air conditioning
• Alarmed or manned security
• Internet access
• Kitchen facility
• Lounge area
• Office furniture
• Voicemail services
• Virtual office services
• Meeting rooms / Boardrooms / Conference facilities
• Photocopying and faxing
• On site management and staff
• Leased line
• Posting / Franking collection

… And many more

To find out more about this centre or to arrange a viewing, call us today on 888.989.0006 or alternatively you can email your requirement to sales@sos-america.com

Executive Suites available – Henderson, Nevada

February 28, 2008

photo-2853-1.jpgThis centre is located in the south suburb of Las Vegas in the prominent community of Henderson, Nevada. Slightly elevated over Las Vegas by about 300 ft, many clients have stunning views from their offices with wall to floor windows in the corner offices.

This center is a great location, surrounded by professional amenities such as upscale restaurants, lodging, shopping, coffee shops, banks, and dry cleaners. It is also just minutes away from the Anthem and Seven Hills master planned communities, providing easy and convenient accessibility for clients that want to work close to home.

The center is 9 miles to McCarran International Airport and 4 miles to the Henderson Executive Airport. Only a 15-minute drive away from the world’s famous Las Vegas Strip where many of the largest hotels, casinos and resort properties in the world are located.

Other transport facilities near the centre include City Ride Bus Service and CAT Bus (Citizens Area Transit) which is a popular means of public transportation among locals and tourists with various bus routes covering a large portion of the valley, making it convenient for commuters to get to and from the centre and their homes.

The centre greets your clients with our elegant reception area, equipped with two fully furnished meeting rooms. Decorated with granite conference room tables and equipped with Internet connections, dry erase boards, Television, DVD/VCR and telephones for conference calling. In our copier room our clients have access to top of the line Ricoh copier which features include full-color copies, scanning, and networked printing. Covered parking is available to protect client’s cars from the desert climate.

Other centre amenities include:

• Air conditioning
• Alarmed and manned security
• Kitchen facility
• Internet access
• Lounge area
• Office furniture
• Manned reception
• Virtual office services
• Meeting rooms / Boardrooms / Conference facilities
• Car parking
• Voicemail
• Postal / Franking collection
• Secretarial and Administration support
• Modem + ISDN
• T1 + Broadband

… And many more

To find out more about this centre or to arrange a viewing, call us today on 888.989.0006 or alternatively you can email your requirement to sales@sos-america.com

Executive Suites available – Boston, Massachusetts

February 27, 2008

photo-1991-1.jpgThis centre boasts a first-class business address in Boston’s thriving Financial District. Just one block west of Congress Street and in close proximity to the city’s major commuter rail and Amtrak terminal, this center offers convenience to daily commuters.

Amenities in this area include: major hotels, fine restaurants and banking facilities nearby.
Logan International Airport, located in the East Boston neighborhood, handles most of the scheduled passenger service for Boston. Surrounding the city are three major general aviation relievers: Beverly Municipal Airport to the north, Bedford/Hanscom Field to the west, and Norwood Memorial Airport to the south. T. F. Green Airport serving Providence, Rhode Island, and Manchester-Boston Airport in Manchester, New Hampshire, also provide scheduled passenger service.

The center commands spectacular views from the 19th floor of this premier office complex. This center offers a unique combination of elegance and functionality featuring our well-appointed reception area, furnished offices, five equipped meeting and training rooms, videoconferencing capabilities and friendly, professional support staff. Ample underground parking is available for clients and guests.

Other centre amenities include:

• 24 Hour access
• Air conditioning
• Internet access
• Kitchen facility
• Office furniture
• WAN capacity
• Voicemail
• Virtual office services
• Videoconferencing
• T1 + Broadband
• Showers
• Posting / Franking collection
• Meeting rooms / Boardrooms / Conference facilities
• Message taking
• Manned reception
• On site management and staff
• Personalized telephone answering

… And many more

To find out more about this centre or to arrange a viewing, call us today on 888.989.0006 or alternatively email your requirement to sales@sos-america.com

Commuting: The Ferocity and the Fun

February 26, 2008

ON Jan. 2, commuters in and around New York City woke up and celebrated the new year by going back to work. On that day and every workday since, I have been commuting with them, travelling in and out of the city to write an online series called Next Stop for The New York Times about how people get to their jobs and what they think of the ritual they go through twice a day.

I have been on Metro-North, New Jersey Transit, the Long Island Rail Road, subways, buses, a tram and a ferry. What I’ve observed so far has reinforced some hard truths about commuting. For many people, it is the bane of their existence. For others, it’s a trial worth bearing to be near their family, to live in a place they can afford or to get to the job they love.

In the more unusual cases, commuting provides downtime and an opportunity for camaraderie. The daily trek requires weighing priorities: convenience, speed, proximity and, of course, money. A small investment ($2) buys you a hard seat on the subway or a pole to hang on to. A little more money ($5) secures you an express bus like the X68 to Floral Park, with stunning views from the Queensboro Bridge. An even larger payment ($15) lands you a cushy chair on a Hudson River ferry with a balcony, strolling room and free morning coffee.The subway is the most democratic option. The same $2 will carry any rider from the high-priced real estate of Manhattan to the more affordable outer reaches of the city. As a result, you can see trains gentrifying in the same way real estate does; just ride the G train from its Brooklyn terminus, at Smith and Ninth Streets in Carroll Gardens, to Long Island City, Queens, to see how the passengers mirror the changing neighbourhoods.

Most democratic does not mean most popular, however, and the unhappiest travellers I found were on the subway. Worn out by drudgery, angered by slow service, they were the most vocal and the least satisfied, and that makes sense. Subway commuters rely on these trains for their day-to-day needs the way suburbanites rely on cars: to take the kids to after-school activities, to see the doctor, to go out at night. For them, the subway is not just a way to get to work, it’s a way to get everywhere. Despite their deep wells of anger, subway riders were generally the most reticent and the most difficult to engage. In a city of ubiquitous crowds, their commute remains a bastion of anonymity. It inspires (and requires) deliberately ignoring other people’s presence, an oblivion that goes beyond just avoiding their eyes or pretending to be absorbed by the grammatical errors of the MTA’s “Subtalk” ads. These passengers are used to crowded spaces, and they create personal cocoons.

Think about it: How often have you seen people clipping their nails as if they were in their own bathrooms? Other types of commuters have the opposite experiences. A group of Haverstraw residents who take the New York Water Taxi to Wall Street have become fast friends — they even hold onboard happy hours on Friday evenings, taking turns bringing food and drinks. Similarly, the bar car on the Metro-North New Haven line, the tram from Roosevelt Island and even the X68 express bus to Floral Park, Queens, have all sparked real friendships, a benefit that helps to transform the daily trek from something that must be endured to something that can be enjoyed. I will continue commuting and posting articles for the next week.

From my experience so far, it seems that people choose a commute based on a few not-so-simple factors: where they want to live and where they can afford to live, and what they are willing to put up with to get there. But no matter how they decide or how much they spend, they all end up with stories to tell.

Susan Stava for The New York Times.

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London to be green power giant

February 26, 2008

A vision of London powered by a system of green energy centres was outlined this week by deputy mayor Nicky Gavron.

The proposal is part of the third revision to the London Plan, unveiled on Tuesday (19 February), which requires all new buildings to be as energy-efficient as possible and invest in, or link to, the planned decentralised energy systems.

The plan will then require developments to reduce their remaining CO2 emissions by 20% through the on-site generation of renewable energy.

London’s first two green energy centres have already been earmarked for development at the 2012 Olympics site in Stratford, E15.

One is also likely to be included in the regeneration of Elephant & Castle, SE1.

Gavron said the Greater London Authority was considering introducing the centres across London to supply power to the capital through a system of carbon-friendly combined heat and power.

She said the GLA was considering a “zonal or neighbourhood approach”, building power stations for individual boroughs.

“What we are keen to do in the long term is develop a macro-infraestructure for heat and power supply”, said Gavron. “We want the stations to link up, so are looking at how we can use these developments as anchors for neighbourhoods that already exist.”

However, business organisation London First claimed that around 170 energy centres would be required to supply just one-quarter of London’s energy in the way.

By Helen Roxburgh and Patrick Clift, Estates Gazette 23 February 2008.

Executive Suites available – Miami, Florida

February 25, 2008

photo-1479-1.jpgThis centre provides clients with one of the city’s most prestigious business addresses in the heart of Miami’s International Financial District. The center provides a sophisticated corporate environment and unmatched business support services. Ideally situated in the award winning Brickell Square building, the center boasts individual offices and multi-office suites that overlook magnificent Biscayne Bay. It provides a professional and functional environment featuring a grand reception area just off the elevator, furnished offices, two equipped meeting rooms accommodating up 10 people, videoconferencing capabilities, and a bilingual, friendly, knowledgeable team to provide support services as needed.

The center is within walking distance to many fine hotels such as the JW Marriott and the Four Seasons. A culinary feast can be had at the many restaurants offering cuisines from around the world – Brazilian, Cuban, Mexican, Argentinean, Asian and more. The area is host to all of the international banking institutions as well as multi-purpose buildings offering luxury condominiums, retail businesses and hotels within the same structure. This thriving business and residential community is only minutes away from world-famous Miami Beach, Miami Convention Center, Dade County Courthouse, the Government Center, Miami Cultural Center, Port of Miami, International Airport and the American Airlines Arena, home of the world champion Miami Heat.

Miami is known for its upscale shopping plazas, world famous golf courses, pristine waters, beautiful beaches, trendy and chic style, performing arts, family oriented tourist attractions, and multi-national culture. Many that come to visit decide to stay and call Miami their home.

Centre amenities include:

• 24 Hour access
• Air conditioning
• Alarmed or manned security
• Car parking
• Internet access
• Kitchen facility
• CAT 5/6 cabling
• CCTV security
• Voicemail services
• Virtual office services
• Meeting rooms / Boardrooms / Conference facilities
• Videoconferencing
• WAN capacity
• T1 + Broadband
• Manned reception
• Message taking
• Office furniture

… And many more

To find out more about this centre or to arrange a viewing, call us today on 888.989.0006 or alternatively you can email your requirement to sales@sos-america.com

Executive Suites available – Financial District, Los Angeles

February 21, 2008

photo-7191-1los-angeles.jpgThis Business Center located on South Flower Street encompasses an entire city block in the financial district of the Los Angeles central business district. It consists of two 51-story office towers, one plaza level building and four subterranean levels. The towers rise above a Plaza level and consist of steel structured frame covered with polished panels of Forest Green granite and panes of bronze glass set in a distinctive pattern.

Within a two-block radius of the Property are amenities including first class hotels and restaurants, the Central Library and Gardens, the Stuart M. Ketchum Downtown YMCA, as well as the Jonathon Club and California Club, both of which are located across the street to the West and East respectively.

This Center has dominated the downtown Los Angeles skyline for over thirty years. A walk around the 4.2 acre super-block bordered by Flower and Figueroa to the east and west, and by Fifth and sixth to the north and south, reveals the impact and influence of City National Plaza.

It bridges the new Bunker Hill and South Park business and residential districts and works to reinforce Los Angeles’ stature as one of the world’s most dynamic cities.

Major tenants and newly signed tenants under lease at this centre include City National Bank, Atlantic Richfield Company, Paul Hastings Janofsky & Walker, Jones Day, Fulbright & Jaworski, and US Trust Company of California.

Some well-known shopping areas which are conveniently located near the centre are the Hollywood and Highland complex, the Beverly Center, Melrose Avenue, Robertson Boulevard, Rodeo Drive, 3rd St. Promenade in Santa Monica, The Grove, Westside Pavilion, The Promenade at Howard Hughes Center and Venice Boardwalk. Night time hot spots include places such as Downtown Los Angeles, Silver Lake, Hollywood, and West Hollywood, which is the home of the world-famous Sunset Strip. Many restaurants and hotels are also available nearby.

The Los Angeles County Metropolitan Transportation Authority and other agencies operate an extensive system of bus lines, as well as subway and light rail lines across the downtown Financial District, making it easier for commuters to travel. The Los Angeles metropolitan area is served by more airports than any other city in the world. There are six commercial airports and many more general-aviation airports. The main Los Angeles airport is Los Angeles International Airport which is located just a few miles of this centre.

This centre has a wide range of amenities to facilitate your needs, including:

• 24 Hour access
• Air conditioning
• Alarmed / Manned security
• Internet access
• Kitchen facility
• Voicemail
• Virtual office services
• Business lounge
• Break out areas
• Postal / Franking collection
• Administration and Secretarial services
• CAT 5 cabling
• Leased Line
• Lift / Elevator
• Disabled facilities

… And many more

To find out more about this centre or to arrange a viewing, call us today on 888.989.0006 or alternatively email your requirement to sales@sos-america.com

Asian cities biggest movers on office list

February 21, 2008

asian-cities.bmpAsia and the Middle East were the biggest risers among the world’s most expensive office markets in 2007, according to the latest research by Cushman & Wakefield.

Hong Kong pipped Tokyo as the second most expensive city to rent an office and Mumbai climbed to fourth, pushing Paris down to sixth place. Singapore came in at seventh with Dubai eighth.

London remains the world’s most expensive city, while Milan has been relegated from the top ten.

Flexi Time - Serviced office providers are seeking to exploit the credit crunch

February 21, 2008

The growing spectre of recession in the US may have caused developers and investors in the UK to abandon their expansion plans, but it has had the opposite effect on serviced office providers.

Instead they are trawling for office space in the City of London and Canary Wharf in anticipation that the US banks and other financial services occupiers will shed jobs over the next six months and need short-term accommodation until the downturn subsides.

In April Abbey Business Centres is due to open 28,000 sq ft of serviced offices on the 37th floor of One Canada Square at Canary Wharf. This is in addition to 28,000 sq ft it has at the Swiss Re Tower at 30 St Mary Axe. It has followed the example of MWB Business Exchange, which has opened 34,322 sq ft at 55 Old Broad Street and 18,500 sq ft at City Tower.

Regus has also confirmed it has been approached by financial services occupiers in the City that want to trim surplus office space in the months ahead.

Scaled back

‘There are a lot of serviced office providers who are positioning themselves to try to take advantage of what has been happening in the US over the last few months,’ says Julie Calder, managing director of Abbey Business Centres, which now has 13 centres across the UK and 4,000 workstations.

Calder says financial occupiers are more willing to consider alternatives to traditional leases in the City and Docklands now that their market is racked with uncertainty. The Centre for Economic Business Research predicts that the City will shed 8,000 jobs this year.

‘For corporates, it is something they are beginning to look at because of all the volatility in the world’s financial markets,’ says Calder. ‘They do not know whether they are going to need to lay people off and when, or if, they will be able to expand again. As a result, they are shying away from the traditional long leases and looking instead for short-term leases with more flexibility.

They are looking for space that they can walk away from if they have to.’

Occupiers confirm this. Accountancy firm PricewaterhouseCoopers says it expects to be targeting short-term office accommodation over the next year. It is moving 6,000 staff to More London in 2010 for its main operation, but says that serviced office accommodation is rising up the agenda to accommodate its subsidiary offices.

Paul Harrington, PWC’s real estate director, says that serviced office providers have begun to tailor their services towards traditional corporate occupiers who until now have only ever considered long-term leases. But since the beginning of the credit crunch in August, many of those occupiers have had to reconsider their position.

‘There is a real opportunity here for those serviced office providers who can prove to corporate occupiers that they can provide as good accommodation as some of the smaller landlords out there,’ says Harrington. ‘They could even start to challenge some of these landlords if they play their cards right.’

Harrington says that for the last year PWC has been leaning towards the use of serviced offices for many of its subsidiary businesses.

‘Quite often it is better to go for a two- or three-year lease while you test the water to see whether a certain enterprise is going to work. Then when you have built up that base, you may then later look to a more long-term arrangement.’

Short-term accommodation

He adds that corporate occupiers are now moving further towards the concept of a balance between long-term leases and short-term accommodation.

‘They don’t want to find themselves in a position where they have taken a long let of 70,000 sq ft and then do not need 20,000 sq ft of it, but because of worsening market conditions, they cannot shift it,’ says Harrington.

‘When faced with that kind of proposition, serviced offices begin to look more attractive before because then the space is a lot easier to walk away from.’

MWB Business Exchange, which has a portfolio of 57 centres and 15,500 workstations, says it is targeting corporate occupiers that may need to make drastic staff cuts over the next six months and may have to rein back their office requirements.

‘The US occupiers operating in London are facing a very uncertain time,’ says John Spencer, chief executive of Business Exchange. ‘Either they are already over here and they have to consider whether they need as much office space as they have got now, or they were considering coming over to London and are having to think about downsizing their plans.’

In a bid to make serviced offices a more attractive proposition to occupiers generally addicted to long-term leases, MWB has decided to ‘debrand’ its premises. Its new centre at Old Broad Street does not include any MWB livery and its staff all wear plain black uniforms.

‘It is not a case of a particular corporate not wanting to be seen in a serviced office,’ says Spencer. ‘It is more that they want to be seen in their own premises. That image is very important to them, so we have made the centres less about us.’

Eye of the storm

Peter Cookson, managing director of corporate outsourcing at Regus, says there are striking similarities between now and the internet crash in 2001. During that period, technology companies that had taken space, particularly in Thames Valley, were hit hard. This time it is the financial services sector that is in the eye of the storm, but Regus expects the impact to be the same.

‘In 2001 you had all these technology companies who suddenly had a lot of space on their hands that they didn’t need,’ says Cookson. ‘What we did then and what we are doing now is talking to these companies to see if we can let their space to our clients. It is fair to say we have been getting a lot of enquiries from corporate occupiers who need to scale back their space in the City.’

The key to success for serviced office providers will be to provide nomadic occupiers with the standard of accommodation to which they have become accustomed. ‘It will all come down to whether the people who decide to use the serviced office route during this period think it is a viable alternative,’ says Harrington. ‘Whether it be Regus or MWB or whoever, they have it all to play for at the moment.’

By Mark Shepard - Property Week

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