An entrepreneur is setting up a medical office space called Viva MedSuites in Scottsdale, a Phoenix suburb. He describes it as part medical timeshare/part medical co-working space.
Marketing one of the last properties from that 2007 deal signals the end of one era and the early stages of the next, as technology companies and other tenants seek more flexible leases and better amenities.
The next occupiers of the vacated spaces run the gamut, sources say, from specialty retailers to service providers to entertainment concepts to industrial and office tenants.
Determining how and where people work has massive impacts on productivity, employee engagement, competitiveness and an organization’s brand and reputation.
Fung Global researchers found that year-to-date in 2017, store closing announcements in the U.S. increased by 97 percent year-over-year, to 3,296 locations.