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Happy July! We hope you are staying cool amidst the long, hot days of summer. Read on below for product updates and resources to stay updated on the corporate real estate market.

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Cheers,

Team FlexDesk

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Product Updates

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Portfolio Management

Track lease information, anticipate rent escalations, and never miss a renewal date.

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⚒️ Liteweight abstraction: Users now have the ability to reduce scope and store financial information by location without the need to abstract terms, clauses, and critical dates.

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📝 Invoice entry: Users now have expanded functionality for uploading, inputting, and editing invoice information from vendors when tracking total cost of real estate.

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✨ UI enhancements: Users can now exclude locations without surface area information from key metrics and leverage enhanced view/edit functionality for third-party administrators.

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Utilization Intelligence

Leverage existing badge access systems to automatically track attendance, RTO compliance, and make smarter renewal decisions.

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🔥 Custom Denominators: Users now have the ability to define and store custom denominators (e.g., desk count, capacity, assigned headcount) when calculating office utilization metrics.

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📰 Overview dashboard enhancements: Users now have toggles between peak utilization vs. average utilization and the ability to set target utilization thresholds by location.

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💥 Activity View dashboard enhancements: Users now have access to expanded reporting functionality, including weekly/monthly rollups, aggregate metrics, and export functionality.

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Coworking Management

Provide employees with drop-in access to thousands of coworking locations within one booking interface. Maintain spend controls and consolidated billing.

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🚀 Real-time inventory availability: Our biggest update since launching the coworking product! Users now have visibility into real-time inventory availability for desks, meeting rooms, and day offices at WeWork locations.

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🌐 Inventory refresh: Users continuously leverage the most up-to-date supply of coworking locations worldwide.

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📱 Mobile app: Users have access to an updated mobile app with real-time availability, policy governance, and more.

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What We Are Reading And Writing

• Creating a Real Estate Program: Read David Music’s 6-part series on creating a real estate program for a battle-tested playbook from a seasoned CRE practitioner.
  

• CRE Spotlight Series: FlexDesk continued its Real Estate Leader interview series. Check out conversations with Jennifer Sinclair Hankerson and David Music.

• CRE/W Role Openings: The job market for corporate real estate & workplace continues to show promise. Check out some of Clark’s recent posts (here, here, here, and here) for a list of open roles.

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