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1 minute read

Price, location and Internet

Scott Ball
by Scott Ball
September 1, 2015
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Companies that need a boost in tenant satisfaction should be looking at a simple fix.

Turns out that high-tech connectivity, such as broadband Internet, voice over internet protocol (VOIP), and streaming video and audio, tops the list.

Surveys by Comcast Corp. show office tenants consistently rate connectivity over features like cafeterias, on-site gyms and other building amenities, especially the more expensive ones.

They want it all

A State of Communications Services in Commercial Real Estate Survey found:

• 90% of building owners and managers rank connectivity behind only price, parking and location as selling points

• 61% say connectivity in their building gives them an advantage in the marketplace

• Half report that multiple service options increase their occupancy rate by 19% or higher, and

• One-third say high-tech communications is a topic that comes up in at least 75% of their negotiations with tenants.

Let decision-makers know

Could any of your facilities use a communications upgrade?

Based on what building owners and facility managers say, spending in this area may be money well-spent – both in occupancy rates and customer satisfaction.

Scott Ball
Scott Ball
Scott Ball is a Senior Staff Writer for Resourceful Finance Pro with more than 20 years of experience writing for business professionals. He wrote for the trade publications CFO & Controller Alert, Facility Manager's Alert and Environmental Compliance Alert.

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Resourceful Finance Pro, part of the SuccessFuel Network, provides the latest Finance and employment law news for Finance professionals in the trenches of small-to-medium-sized businesses. Rather than simply regurgitating the day's headlines, Resourceful Finance Pro delivers actionable insights, helping Finance execs understand what Finance trends mean to their business.

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