THE SYNERGIES BETWEEN COMMERCIAL INTERIOR DESIGN AND REAL ESTATE
When it comes to the commercial real estate industry, the importance of a well-designed interior space means quite a lot. In fact, a thoughtfully crafted workspace not only boosts employee morale and productivity, but also increases inherent property value while attracting top-shelf talent.
However, the intrinsic relationship between commercial interior design and real estate goes far beyond simple aesthetics and other pleasantries. Today, we’re going to explore the amazing synergy between interior space and commercial real estate, and how they work together to create a winning formula for businesses to succeed with.
MERGING DESIGN WITH REAL ESTATE
Commercial interior design and real estate are two distinct fields that often operate in separate silos, yet still run parallel with one another. That being said, the inherent boundaries between them are blurring more by the day, and the benefits of this collaboration are becoming increasingly apparent. A well-designed interior space offers the following benefits which are too grand to ignore:
1) Increased Property Value
A beautifully designed office space is fully capable of increasing property value by up to 10%, making it a valuable asset for investors and property owners.
2) Greater Productivity
A well-designed workspace helps to boost employee morale while reducing turnover, and increasing productivity by up to 20%.
3) Enhanced Tenant Attraction
A stylish and functional interior space will typically attract top tenants while reducing vacancy rates, and increasing rental income.
4) Improved Brand Image
A thoughtfully crafted interior space will reflect a company’s brand values and culture while enhancing its reputation, and attracting like-minded clientele.
THE SYNERGY BETWEEN
So, how exactly can commercial interior design and real estate work together to achieve all the benefits we just touched on above? To understand that, we’ll need to go through the many different synergies between then, which are as follows:
1) Integrated Design Process
Add some industrial-style shelving units made from metal or reclaimed wood to add storage and display space. These units can also be used to create a focal point in the room, which is advantageous to break up the monotony commonly associated with the industrial aesthetic. Every little bit helps.
2) Data-Driven Design
Real estate developers are constantly using data analytics to make sound design decisions while ensuring that the space is optimized for tenant satisfaction and retention.
3) Sustainable Design
By incorporating sustainable design principles, property owners can reduce energy consumption, minimize waste, and appeal to environmentally conscious tenants.
4) Technology Integration
Interior designers can work with real estate developers to integrate smart building technologies, thereby enhancing the tenant experience while increasing property value.
5) Flexibility and Adaptability
By designing spaces that are flexible and adaptable, property owners can reduce the risk of obsolescence, while increasing the appeal of their properties to a wider range of tenants.
CASE STUDIES TO PROVE THE POINT
Throughout the business landscape, there are many examples demonstrating the power of synergy between commercial interior design and real estate. Some of these include Amazon’s HQ2, located in Arlington, Virginia, which features a state-of-the-art interior design that incorporates sustainable design principles, flexible workspaces, and cutting-edge technology.
Another example is Google’s iconic GooglePlex, headquartered in Mountain View, California. This case study is a masterclass in innovative design that features open spaces, collaborative work areas, and a heavy focus on employee well-being.
CONCLUSION
The marriage between commercial interior design and real estate is an undeniable union. By working together, property owners, developers and interior designers can create spaces that are not only beautiful and functional, but also sustainable, productive, and profitable.
As the commercial real estate landscape continues to evolve, the importance of collaboration between these two disciplines will only continue to grow. In fact, it’s the foundation of our entire philosophy here at Sensyst; one that has allowed us to deliver uncompromising and positive results for our clients with each new project we take on. Are you ready to take your business to the next level? Contact us today, and let us build you a workspace that works hand-in-glove with your goals.