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Monthly Archives: November 2016


Keys to Successful Office Design

Office design needs to be customized and driven by company culture and work requirements, according
to Marlyn Zucosky, director of interior architecture and office design at Ware Malcomb’s Princeton, NJ, office. Zucosky, who joined Ware Malcomb in July from Joshua Zinder Architecture + Design, says in this exclusive Q&A with GlobeSt.com that amenities are critical in designing office space for millennial workers.

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How to approach office design

office designGood designers know how to listen really well. During the initial programming phase of any corporate office design project, we really work to understand the culture of the organization. Everyone wants to know the trends, but there is no one size that fits all as it relates to office design solutions. It must be driven by a company’s culture.

For example, a law firm is typically not going to want an open plan environment. The work they do is private and of a confidential nature. Often they require private offices with full height walls. In contrast, at a software development company, the work is more collaborative. Here the walls have come down or gone away entirely in many cases.

So the office design is influenced by the type of work, and how that work can be done as efficiently as possible. We consider many factors. Is the work collaborative? Do they need areas for heads down concentration.

Privacy concerns in office design

When an organization is moving into a new space, there is a tremendous opportunity to rethink how people work, create more efficiencies and optimize their office design. We use a lot of imagery in programming to communicate what is possible.

Trends in workplace office design

One of the big trends we are seeing is an increase in employee amenities. At a party everyone gathers in the kitchen of the home. This led to the great room concept in residential floorplans. It is also happening more in the hospitality industry – more “living room” lounge areas to connect informally, work via WiFi,
etc. This idea from the residential and hospitality industries has moved into the commercial world.

We have our own version of a “great room” in the workplace – combining a kitchen, pantry, and lounge space – which becomes the heart of the office. Everyone can relate to those amenities. It helps facilitate chance encounters, one-onone collaboration and informal ways to connect.

The increases in the number of millennials is also influencing office design. They are flooding the market – and food is central to them. More and more companies are providing free lunch and snacks to their staff in response. Likewise, we need to design a space where you can go to kitchen, enjoy some of the free food and connect with others.

Another influence of millennials is their preference to work in urban areas. That’s not always possible, but we can help create a more urban feel in the suburban market through the design. Examples include using polished concrete floors, or creating an open exposed ceiling. We sometimes work creatively with our clients to achieve this look while keeping costs down. For example, using polished concrete for circulation areas, and then carpet in workspace zones.

Recruiting is such a critical component for companies right now. Our clients want to make sure that their office design is made to attract new talent.

Office design trends for building owners

Many building owners are adding base building amenities to their projects. This adds tremendous value for future tenants as it saves them from having to invest as many amenities within their own office suites. Some common amenity spaces might include a café, conference rooms, or lounges areas with Wi-Fi. Another trend in smaller buildings where a full café can’t be supported is the Grab and Go Café. Here food and snacks are offered and paid for on the honor system.

Again we are seeing that cross over and influence from the hospitality industry. What role does health and wellness play in office design?

We are the fitbit generation. Everyone is counting steps. As designers, we have an opportunity to influence health in the office. It is important that we encourage employees to move throughout the course of the day. We want to create opportunities for more movement and interaction, which generates more conversations, connections and collaboration. Technology is a double-edged sword; it can provide instant gratification yet makes us feel more disconnected. It’s nice to be able to have that personal interaction. We can help encourage this through how we plan space.

How office design of the personal work space of today’s worker changed

It is always evolving. More than anything, the private office is now designed for flexibility. We need to provide multiple options for work environments within a single office deign space. For example, “huddle” spaces can be furnished differently to accommodate different needs. One might include a desk and phone for focused work on a skype call, while another might include comfortable chairs for an informal meeting.

Height adjustable desks will move into the mainstream. This encourages wellness and they are becoming more affordable and more workable, as we don’t need storage areas below. Workstations are smaller. Many have transitioned to using just a laptop. Work surfaces have gotten smaller from the impact of technology. There is less paper, smaller hardware, and not as much of a need for cabinet space. 

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Commercial Fire-Suppression & Commercial Sprinkler Systems

Retrofitting your property with fire-suppression commercial sprinkler systems—or demanding their addition into your newly built property—might add expenses today but may help your firm achieve significant cost-savings in the long term. Having an up-to-date, effective and well-maintained sprinkler system will help you achieve significantly lower property insurance premiums, reduce losses in the event of a fire, and get your business up and running quicker post-loss. Consider adding sprinkler systems to protect your property—and your bottom line.

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Commercial Sprinkler Systems Basics

commercial sprinkler systems

commercial sprinkler systems

Fire-suppression commercial sprinkler systems are used to control or extinguish fires in the early stages. They help to mitigate the hazards for both building occupants and firefighters by spraying water directly on a fire source as soon as the sensor indicates a certain temperature has been reached. These systems could greatly decrease your losses in the case of a fire.

While many types of commercial sprinkler systems exist, wet pipe and dry pipe are the most common. Wet-pipe sprinkler systems are constantly filled with water, and are triggered when the ambient air temperature reaches a certain degree threshold. Most commercial sprinkler systems in use today are wet-pipe systems.

If your facility has special considerations, it might be important to explore a dry-pipe system. Dry-pipe commercial sprinkler systems are filled with air until activated, at which point the surrounding pressure changes, allowing water to flow through the pipes. Dry-pipe sprinkler systems are used in areas that are susceptible to freezing temperatures, or contain expensive equipment that should not be near water. Even less common systems include deluge, pre-action, foam water and water spray. Do some research to find out which type will best serve your business.

Benefits of Commercial Sprinkler Systems

In considering the installation of commercial sprinkler systems, you are likely concerned about the cost. In reality, however, the cost to you would be much greater if a fire occurs and there are no sprinkler systems present. Sprinkler systems can save you money in many different ways, meaning that in the long run they pay for themselves.

The installation of a commercial sprinkler system in your building is a smart financial decision. It lowers the risk associated with the building, resulting in lower insurance premiums. It can also qualify a building for certain income tax reductions that it would not otherwise qualify for. For example, some of the income tax reductions your building could qualify for are depreciation allowance, interest on a loan and Qualified Rehabilitation Tax Credit. The latter is applicable to noncommercial buildings built prior to 1936 or designated as historical structures. While the installation of commercial sprinkler systems alone doesn’t qualify for a Qualified Rehabilitation Tax Credit, the expenses qualify for the credit as part of a renovation.

Liability is another reason for installing commercial sprinkler systems in your building. Research has shown that the public considers sprinkler systems a “reasonable level of care,” resulting in building owners having to pay out over $1 million per life lost in the event of a fire where a sprinkler system was not present.

Not only do commercial sprinkler systems save you money in the event of a fire—they are also an easy way to ensure that related building codes and laws are being adhered to. In order to be in compliance with the Life Safety Code, all high-rise apartments and office buildings must have either a full, operational sprinkler system or an engineered life safety system.

One big difference between the two is that the engineered life safety system does not pay for itself in the long run. Certain federal legislation applies to this subject as well, such as the Hotel and Motel Fire Safety Act of 1990 and the Americans with Disabilities Act. Keeping yourself in compliance with codes and laws surrounding sprinkler systems will save you potential headaches later on.

An equally important consideration in installing a commercial sprinkler system is tied to business interruption; a majority of companies that have fires never reopen their doors. With sprinkler systems installed, the chance of a fire interrupting business is minimized—commercial sprinkler systems can contain fires in small areas, decreasing the amount of damage and making it possible to more quickly reopen buildings and operations.

Because fires are a relatively common occurrence, it is important to protect yourself and your investments from damage. In addition to the benefits noted above, as a result of installing sprinkler systems in your properties you will also have peace of mind that your properties are safe and well-protected.

brian-blaston-hardenbergBrian Blaston
Commercial Lines – Manager
Hardenbergh Insurance Group
phone: 856.489.9100 x 139
fax: 856.673.5955

www.hig.net

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IN ITS THIRD YEAR, WCRE’S THANKSGIVING FOOD DRIVE DOUBLES IN SIZE

FOR IMMEDIATE RELEASE

Contact: Andrew Becker

Phone: 856.449.5220

Email: andrew.becker@wolfcre.com

 

IN ITS THIRD YEAR, WCRE’S THANKSGIVING FOOD DRIVE DOUBLES IN SIZE

jfcs-food-drive

WCRE THANKSGVING FOOD DRIVE PRESS RELEASE PDF

November 22, 2016 – Marlton, NJ –  Just as Wolf Commercial Real Estate (WCRE) has grown its business rapidly, its charitable initiatives are following suit. The firm’s third annual Thanksgiving Food Drive concluded today with the team bringing more than 150 bags of food and nearly $1,000 in supermarket gift cards to the Jewish Family and Children’s Service food pantry. That’s more than double the amount the Marlton-based firm donated last year.

During the past several weeks, WCRE collected food and grocery store gift cards from friends, clients, and colleagues throughout Southern New Jersey and Southeastern Pennsylvania. More than thirty area businesses contributed to the effort.

“Initiatives like this help in several ways, because WCRE went beyond collecting food and funds, insipring many other businesses and individuals to help people in need,” said Marla Meyers, MSW, executive director of Samost Jewish Family and Children’s Services of Southern New Jersey.

The food drive is part of WCRE’s Community Commitment program, which also includes donating a portion of the proceeds from every transaction to one of several local charities. In September the firm hosted its first charitable community event, a hockey game fundraiser in which local business leaders played alongside several former Philadelphia Flyers. That event raised more than $45,000 for several local charities.

About WCRE

WCRE is a full-service commercial real estate brokerage and advisory firm specializing in office, retail, medical, industrial and investment properties in Southern New Jersey and the Philadelphia region. We provide a complete range of real estate services to commercial property owners, companies, banks, commercial loan servicers, and investors seeking the highest quality of service, proven expertise, and a total commitment to client-focused relationships. Through our intensive focus on our clients’ business goals, our commitment to the community, and our highly personal approach to client service, WCRE is creating a new culture and a higher standard. We go well beyond helping with property transactions and serve as a strategic partner invested in your long term growth and success.

Learn more about WCRE online at www.wolfcre.com, on Twitter & Instagram @WCRE1, and on Facebook at Wolf Commercial Real Estate, LLC. Visit our blog pages at ww.southjerseyofficespace.com, www.southjerseyindustrialspace.com, www.southjerseymedicalspace.com, www.southjerseyretailspace.com, www.phillyofficespace.com,  www.phillyindustrialspace.com, www.phillymedicalspace.com and www.phillyretailspace.com.

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Rail Park Construction Continues Transformation of Callowhill Neighborhood

rail park

Construction of the Reading Viaduct Rail Park

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Construction of the Reading Viaduct rail park began this month with the receipt of $3.5 million in state grants to round out initial fundraising efforts. Spearheaded by the Center City District, the first phase of construction is taking place on a stretch of the old rail bed near 13th and Noble. Proponents hope the park could eventually replicate the success of the High Line, a repurposed elevated railroad right-of-way in lower Manhattan, and spur greater development in the area.

The viaduct winds through a former industrial neighborhood that has been slowly transforming into a residential and creative community over the last decade (earlier this year, the City completed a rezoning of the area from industrial to mixed-use). Officially known as Callowhill, the neighborhood is roughly bounded by 9th and Broad to the east and west, and Spring Garden and Vine to the north and south. The area also goes by many other names, including Loft District, Chinatown North, Eraserhood, and Spring Arts.

Developer Craig Grossman has purchased a number of properties in the vicinity of the viaduct, including 990 Spring Garden. The 990 building is a 7-story, 160,000-square-foot industrial loft building repurposed as flexible office space for creative individuals and businesses. Many residential conversions have taken place along the periphery, including larger scale projects such as the Old Shoe Factory condos and Goldtex apartments on 12th Street, as well as Bart Blatstein’s Tower Place apartments in the old state office building at Broad and Spring Garden.

In testament to the evolving nature of the neighborhood, the Roy Pitz brewing company is planning a 4,000 square foot brewpub in the 990 Spring Garden building to open early next year. The brewery will join other nearby restaurant and entertainment venues such as Union Transfer, Prohibition Taproom and the soon-to-be relocated Yards Brewing Co. in the 500 block of Spring Garden. Other restaurants are nearby on the Avenue of the Arts North corridor.

The rail park is not the only public works project with the potential to transform the area. The East Coast Greenway, a developing trail system intended to link major cities on the Eastern Seaboard, runs right down Spring Garden Street. Infrastructure improvements are in the works to make the thoroughfare more inviting to bicyclists and pedestrians.

Future phases of the rail park could take it all the way to its northern end near 9th and Fairmount. Unlike the portion under development, which is owned by SEPTA, the remainder of the viaduct east of Broad is still privately owned by the successors to Reading Company. While development could take many years, it still has the potential to transform Callowhill into one of the City’s most desired neighborhoods.

For more information see: www.therailpark.org.

Anthony V. Mannino, Esq.
Vice President of Corporate Strategies
Wolf Commercial Real Estate
630 Freedom Business Center Drive l 3rd Floor l King of Prussia, PA 19046
P 215 799 6900 | D 215 799 6140 | F 856 283 3950 | M 215 470 6084

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Understanding Energy Deregulation for Commercial Real Estate

energy-deregulationLet’s explore why commercial real estate property managers need to understand energy deregulation and its impact on their bottom line. Under energy deregulation, each part of energy service is broken down into separate pieces that are provided by different companies. Delivery of electricity as well as all necessary service is still provided by the local utility company, which ensures that the consumer will be provided with safe and reliable electricity. Suppliers of energy, other than the local utility, are licensed and registered with state and federal agencies and are not in competition with the local utility. Since the local utility does not make any money on the energy, only on the delivery and service of electricity, they support consumers who choose to switch suppliers. Smaller suppliers provide deregulated energy to the existing grid and the local utility company still delivers that energy directly to a consumer’s home or business.

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The utility continues to makes a profit on deregulated energy delivery, however consumers are able to enjoy significant savings and other benefits by buying their electricity or gas on the open market from other suppliers. The commercial real estate industry is directly affected by energy costs. Energy represents 30 percent of the typical office building’s costs and is one of the top five operating expenses for most real estate assets. As such, building owners and property managers are always searching for innovative ways to cut costs, control expenses and save money. With electricity and natural gas energy deregulation, building owners and property managers in many states now have the power to choose from a variety of energy suppliers resulting in a drop in energy costs. Having the ability to choose an energy supplier allows a property manager to maximize operational excellence by :

• Reducing energy costs and operating expenses
• Increasing asset value
• Enhancing tenant satisfaction, attraction, and retention
• Increasing occupant productivity and health
• Demonstrating environmental leadership by reducing energy usage

Property managers have a responsibility to provide the best service to their clients and tenants including
becoming educated as to the benefits of being able to choose alternate energy suppliers that will provide safe and reliable energy at a competitive price.

Did you know these energy deregulation facts…

1. 30% of energy in buildings is used inefficiently or unnecessarily- basically wasted, but paid for.
2. Lighting currently accounts for about 20% of U.S. electricity consumption.
3. Only 10% of energy in a light bulb is used to create light. Ninety percent of a light bulb’s energy creates
heat. Compact fluorescent light bulbs (CFLs), on the other hand, use about 80% less electricity than
conventional bulbs and last up to 12 times as long, while LED capabilities exceed even CFLs.

“Are we doing anything to save money on energy costs?” Hopefully, when your boss asks, you are able to provide an affirmative answer. You may even be able to list off some of the actions your company has taken thus far. Now it is time to ask yourself, “Am I doing everything I can to help my company save money?” This may be a little more difficult to answer.

New America Power (NAP), www.newamericapower.com

We are Newtown, Bucks County, based Energy Broker and Consulting company, assists in educating their clients of the ongoing changes and advancements in the energy industry and assist them with making decisions on energy procurement, management and curtailment. We also provide our clients with many products and services to facilitate entry into the renewable energy market. We offer a variety of energy products ranging from Fixed-all-inclusive, Index adder, Block and Index, to Wind, Green, Carbon Neutral and more… We work closely with our clients and take advantage of market behaviors that favor our clients’ energy cost. We have partnerships with a considerable number of energy suppliers to offer future energy purchasing options up to 18 months in advance. This allows businesses currently under contract with another supplier to hedge future purchases and take advantage of the current market’s rates.

As a leading energy consultant, NAP offers a broad array of electricity products and services to fit all of your energy needs:
• Electric and Natural Gas Procurement
• Energy Audits and Benchmarking
• LED/ Lighting Design
• Utility Incentives/Rebates
• Energy Tax Credits
• Demand Response registration, monitoring and management

Changing Energy Suppliers is Easy
• NO switching fees
• NO visit required
• NO interruption in power delivery
• Same reliable delivery service from your local utility company

new-america-power

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Repeat Sale Index Shows Broad CRE Price Growth

new Jason stats graphic - June 2015A challenging investment environment is pushing real estate investors to look beyond traditional markets and property types into niche areas that potentially can yield higher returns.

That, in turn, is driving pricing growth the U.S. commercial real estate market – including Philly office space, Philly retail space and Philly industrial space – across more regions and property types in the third quarter as U.S. commercial property pricing indices reached new historical highs in September, says a recent market report.

Both CoStar Commercial Repeat Sale Indices (CCRSI) of national composite prices advanced by a healthy 2.9% in the three months ending Sept. 30, 2016, reflecting broad-based pricing growth in the U.S. and Philadelphia commercial real estate markets across assets of all sizes and quality types, even as sales volume continued to level off.

This report on both national and Philadelphia commercial properties was made available through Philadelphia commercial real estate broker Wolf Commercial Real Estate, a Philadelphia commercial real estate brokerage firm.

The CCRSI includes both value-weighted and equal-weighted versions of its U.S. Composite Index, which includes all commercial properties in the U.S. and Philadelphia commercial real estate properties in its index.

The value-weighted U.S. Composite Index, which is largely influenced by the sale of higher-quality, larger assets, now has climbed 26.4% above its pre-recession peak, while the equal-weighted U.S. Composite Index, which reflects the larger number of trades of smaller properties in the U.S. commercial real estate market – including Philly office space, Philly retail space and Philly industrial space – exceeded its previous cyclical high for the first time in September, surpassing its previous peak reached in August 2007.

For more information about Philly office space, Philly retail space and Philly industrial space or other Philadelphia commercial properties, please call 215-799-6900 to speak with Jason Wolf (jason.wolf@wolfcre.com) Leor Hemo (leor.hemo@wolfcre.com) or Lee Fein (lee.fein@wolfcre.com) at Wolf Commercial Real Estate, a leading Philadelphia commercial real estate broker that specializes in Philly office space, Philly retail space and Philly industrial space.

Wolf Commercial Real Estate is a Philadelphia commercial real estate brokerage firm that provides a full range of Philadelphia commercial real estate listings and services, marketing commercial offices, medical properties, industrial properties, land properties, retail buildings and other Philadelphia commercial properties for buyers, tenants, investors and sellers.

Wolf Commercial Real Estate, a Philadelphia commercial real estate broker with expertise in Philadelphia commercial real estate listings, provides unparalleled expertise in matching companies and individuals seeking new Philly office space, Philly retail space or Philly industrial space with the Philadelphia commercial properties that best meets their needs.

As experts in Philadelphia commercial real estate listings and services, the team at our Philadelphia commercial real estate brokerage firm provides ongoing detailed information about Philadelphia commercial properties to our clients and prospects to help them achieve their real estate goals.  If you are looking for Philly office space, Philly retail space or Philly industrial space for sale or lease, Wolf Commercial Real Estate is the Philadelphia commercial real estate broker you need — a strategic partner who is fully invested in your long-term growth and success.

Please visit our websites for a full listing of South Jersey and Philadelphia commercial properties for lease or sale through our Philadelphia commercial real estate brokerage firm.

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WCRE APPOINTED EXCLUSIVE AGENT FOR 1004-1026 SPRING GARDEN STREET IN PHILADELPHIA

WCRE APPOINTED EXCLUSIVE AGENT FOR 1004-1026 SPRING GARDEN STREET IN PHILADELPHIA

New Assignment Adds to Firm’s Growing Engagement in Pennsylvania

1004-spring-garden

1004-1026 SPRING GARDEN PRESS RELEASE PDF


November 7, 2016 – Marlton, NJ –
WCRE is pleased to announce its appointment as exclusive leasing agent for 1004-1026 Spring Garden Street in Philadelphia. The property is the former Union Transfer Annex, and is located in the heart of the Spring Arts district. It consists of more than 9,000 square feet, with highly visible street frontage. The lively, walkable neighborhood includes the Union Transfer music venue, new apartments and restaurants on Avenue of the Arts North, and the Reading Viaduct Park in Callowhill, which started construction last week. Next door is 990 Spring Garden, which hosts office space for creative businesses. The area has ample street parking, and is highly accessible to multiple public transit lines.

“WCRE is proud to offer this location in one of Philadelphia’s fastest-growing neighborhoods,” said Leor Hemo, executive vice president of WCRE. “We look forward to applying our WCRE 360 marketing approach to find a new user for this highly-desirable property.”

A marketing brochure is available upon request. 

About WCRE

WCRE is a full-service commercial real estate brokerage and advisory firm specializing in office, retail, medical, industrial and investment properties in Southern New Jersey and the Philadelphia region. We provide a complete range of real estate services to commercial property owners, companies, banks, commercial loan servicers, and investors seeking the highest quality of service, proven expertise, and a total commitment to client-focused relationships. Through our intensive focus on our clients’ business goals, our commitment to the community, and our highly personal approach to client service, WCRE is creating a new culture and a higher standard. We go well beyond helping with property transactions and serve as a strategic partner invested in your long term growth and success.

Learn more about WCRE online at www.wolfcre.com, on Twitter & Instagram @WCRE1, and on Facebook at Wolf Commercial Real Estate, LLC. Visit our blog pages at ww.southjerseyofficespace.com, www.southjerseyindustrialspace.com, www.southjerseymedicalspace.com, www.southjerseyretailspace.com, www.phillyofficespace.com,  www.phillyindustrialspace.com, www.phillymedicalspace.com and www.phillyretailspace.com.

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Sunbelt Office Markets Shine in Broad-Based Third Quarter Recovery

new Jason stats graphic - June 2015Driven this year by solid office demand growth in Sunbelt markets across the country, the national office occupancy rate is expected to increase into 2018 as such metros as Phoenix, Los Angeles, Atlanta and Miami enjoy net job growth in what’s already been one of the most drawn-out U.S. economic recoveries on record.

With slower than expected but steady job growth and muted levels of new construction, the U.S. vacancy rate involving the U.S. commercial real estate market – one that includes Philly office space, Philly retail space and Philly industrial space — fell to 10.5% in the third quarter from 10.9% a year ago. Net absorption of office space posted a robust 63 million square feet in the first three quarters of 2016, although down from 69 million square feet of absoprtion during the same period this year.

“The office market continues to do very well in the U.S. and Philadelphia commercial real estate markets and fundamentals are fairly strong,” noted Walter Page, a leading industry consultant.

This report on office demand growth, which including portions in relation to national and Philadelphia commercial properties, was made through Philadelphia commercial real estate broker Wolf Commercial Real Estate, a Philadelphia commercial real estate brokerage firm.

“The vacancy rate,” Page said, speaking in general terms about U.S. and Philadelphia commercial real estate properties,” hit a business cycle low again in the third quarter, and while absorption is down it’s still a very solid number.”

Office-using employment the U.S. commercial real estate market – including Philly office space, Philly retail space and Philly industrial space — grew at a strong 2.4% over the past year, and continues to outpace the broader jobs market by 20-30%. The recovery, while slow and lackluster compared with previous cycles, has served to lengthen one of the longer-length recoveries at nearly seven years.

Three of the top six strongest U.S. metros based on annual job growth, Dallas/Fort Worth, Phoenix and Atlanta, are neither tech or energy based markets, but diverse Sunbelt economies with lower housing and business costs, strong in-migration and readily available labor.

Other factors should continue to drive office absorption and prolong the staying power of the recovery, the report noted. For example, office construction levels remained below historical averages for several years before ramping up slightly in 2015. Further, slow but steady rent growth over the last five years among U.S. and Philadelphia commercial real estate listings means dramatic rent spikes experienced during peak cycles in 2006-07 and 1999-2000 won’t be as pronounced this time around, and could extend this recovery by several years.

For more information about Philly office space, Philly retail space and Philly industrial space or other Philadelphia commercial properties, please call 215-799-6900 to speak with Jason Wolf (jason.wolf@wolfcre.com) Leor Hemo (leor.hemo@wolfcre.com) or Lee Fein (lee.fein@wolfcre.com) at Wolf Commercial Real Estate, a leading Philadelphia commercial real estate broker that specializes in Philly office space, Philly retail space and Philly industrial space.

Wolf Commercial Real Estate is a Philadelphia commercial real estate brokerage firm that provides a full range of Philadelphia commercial real estate listings and services, marketing commercial offices, medical properties, industrial properties, land properties, retail buildings and other Philadelphia commercial properties for buyers, tenants, investors and sellers.

Wolf Commercial Real Estate, a Philadelphia commercial real estate broker with expertise in Philadelphia commercial real estate listings, provides unparalleled expertise in matching companies and individuals seeking new Philly office space, Philly retail space or Philly industrial space with the Philadelphia commercial properties that best meets their needs.

As experts in Philadelphia commercial real estate listings and services, the team at our Philadelphia commercial real estate brokerage firm provides ongoing detailed information about Philadelphia commercial properties to our clients and prospects to help them achieve their real estate goals.  If you are looking for Philly office space, Philly retail space or Philly industrial space for sale or lease, Wolf Commercial Real Estate is the Philadelphia commercial real estate broker you need — a strategic partner who is fully invested in your long-term growth and success.

Please visit our websites for a full listing of South Jersey and Philadelphia commercial properties for lease or sale through our Philadelphia commercial real estate brokerage firm.

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Physical Security Considerations for Commercial Buildings

When most think of cyber security focus is directed toward the virtual world and not physical security. However, for a complete security program it would be foolish to overlook the physical security aspects of cyber security. This paper will serve to some as guidance to regulatory compliance and others as good general best practices for ensuring the security of critical data.

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physical-securityWhen thinking about the “security” of your data it is important to understand what issues need to be
considered. The CIA Triad is a model designed to guide policies for information security within an organization and addresses the confidentiality, integrity, and availability. Confidentiality is typically the first association a personal makes when thinking about security, which is roughly equivalent to privacy. Integrity deals with maintaining the consistency, accuracy, and trustworthiness of data. Availability is achieved through regular maintenance, maintaining necessary system upgrades, providing adequate bandwidth, backups, among others.

With a better understanding of the CIA Triad, let’s apply this physical security model to multi-tenant buildings. Many multi-tenant buildings have shared services when it comes to the maintenance of the building. Janitorial staff, maintenance services, electrical services, and sprinkler systems are just a few examples of shared services. How can you ensure that CIA of your systems in a shared service environment? How are you going to protect your equipment from water damage because of a fire in a neighboring suite that triggered the sprinkler system? If you share an electrical panel with neighboring suites what measures have you taken to make sure a surge from someone else’s doing doesn’t impact your business operations?

Computer equipment is expensive and vital to your business operations. It is imperative that you take measures to protect it. Identifying a location to centralize all of your networking and server equipment so be carefully considered. There should be no windows because of security and sound. A separate air conditioning zone or a wall mount system will ensure that temperature control is maintained. Class A fire resistance ceiling tiles should be installed into the server room and the floor below if above the first floor. 2 or 3-hour fire rated drywall should be installed on all four walls of the server room to minimize the risk of damage. Dedicated electrical circuits should be installed from the electric panel to the server room. If more than one electric panels exist, then a circuit should be installed from each so that dependencies on an individual panel.

Many of the above physical security recommendations may be difficult to implement on a pre-existing structure, however, when moving they can be considered when deciding on an office. Outside of those recommendations there are easy to-implement controls as well. Most are intrigued with the mysteriousness of sophisticated hacking capabilities but in reality most attempts are done with much less sophistication such as watching over someone’s shoulder as they log into a site or simply looking at one’s computer monitor.

Securing less sophisticated physical security concerns

I was at my children’s orthodontist office, which has an open floor plan with individual stations consisting of a dental chair and island that houses the medical supplies and computer for their EMR. The problem is that I can be sitting in the chair for my child’s appointment and take pictures of the computer screen to my left or right for other patients being seen while pretending to surf the internet. The moral of this story is that all information system output devices (monitors, printers, audio devices, etc.) need to be positioned away from general traffic to prevent unauthorized individuals from obtaining the output.

In conclusion, no one can deny the challenges that we face these days when it comes to physical security. Prioritizing risk management is becoming a necessity and will ensure that your business has the resiliency to withstand the unexpected.

david humphreys

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