Adding Value in a Shifting Office Environment

LOS ANGELES–No matter the time, the current point in the economic cycle or the area of discipline–be it investment, capital markets, brokerage or management–the name of the game is always value enhancement. But what brought value to an office building once may not do the trick today, not according to Aleks Trifunovic, president at Lee & Associates‘ Los Angeles West office.

There are forces reshaping traditional “knowns” about value enhancement. In this exclusive Q&A, Trifunovic provides some guidance, especially for more seasoned investors trying to figure out how to play a new hand of cards. And here’s a spoiler: we’re going to be talking a lot about millennials.

GlobeSt.com: Do you buy all they say about millennials’ different way of working? And if so, what implications does that have for employers–that is, building tenants?