Philip Blumberg Blog

Blumberg Capital Partners in the News

Blumberg Capital Partners was recently featured in the South Florida Business Journal. Office Workers Vent on Extreme Temperatures, Messy Restrooms, Rodents and 'Dumpy' Workplaces

An excerpt:

Blumberg Capital Partners, which has long pursued a high-end office building investment strategy, late last year formalized its market approach with the rollout of Blumberg Premium Services, and hired a luxury hotel executive to oversee the program. Buildings owned by Blumberg Capital Partners typically include health clubs, conference facilities, advanced wireless technology, and energy-efficient utilities, as well as private suites for tenant members, akin to club-level suites commonly found in five-star hotels.

"While we have focused our investment strategy on buying, creating and providing the highest-quality office buildings and amenities since we launched our first fund almost 20 years ago, we've only recently formalized this market approach under the Blumberg Capital Partners brand," said Blumberg.

Blumberg Capital Partners in the News

A report from Blumberg Capital Partners was recently featured in RBC Dain Rauscher Inc. Office Workers Vent on Extreme Temperatures, Messy Restrooms, Rodents and 'Dumpy' Workplaces

An excerpt:

Philip Blumberg's Blumberg Capital Partners, the U.S. investment firm and commercial real estate investment fund, today released verbatim comments and regional comparisons from its landmark survey of office workers. The comments from the survey respondents highlight the range of conditions under which U.S. office workers toil.

The survey was commissioned to gauge the impact of office building conditions on worker attitudes, productivity and motivation. Initial findings, released in January 2008, unveiled a litany of common problems, including extreme temperatures, insects, leaky ceilings, rodents and messy bathrooms. The survey also found that a third of the workers have accepted or left a job due to building conditions or amenities. Nearly half described their office environments as "bland," "dumpy," or "stodgy."

Blumberg Capital Partners in the News

A report from Blumberg Capital Partners was recently featured on PR Newswire. Office Workers Vent on Extreme Temperatures, Messy Restrooms, Rodents and 'Dumpy' Workplaces

An excerpt:

Philip Blumberg's Blumberg Capital Partners releases verbatim comments and regional comparisons from landmark office worker survey; 'I wish the building had windows'

Philip Blumberg's Blumberg Capital Partners, the U.S. investment firm and commercial real estate investment fund, today released verbatim comments and regional comparisons from its landmark survey of office workers. The comments from the survey respondents highlight the range of conditions under which U.S. office workers toil.

According to the geographic analysis, respondents in the Northeast are more satisfied that their buildings are acceptably maintained than workers in other regions. Northeast office workers also are more likely to base perceptions of their employers on office building conditions.

For overall safety, a full 96% of Northeast office workers feel safe in terms of their own personal security, higher than workers in the South (90%) and Midwest (83%).

Blumberg Capital Partners in the News

A report from Blumberg Capital Partners was recently featured in the Orlando Business Journal. Office Workers Vent on Extreme Temperatures, Messy Restrooms, Rodents and 'Dumpy' Workplaces

An excerpt:

Blumberg Capital Partners today released verbatim feedback from the survey — culled from more than 5,000 written responses. The company also posted its survey live as an interactive online tool for office workers to take the poll and see how they stack up against national averages. The interactive survey and full survey results  — including a compilation of the verbatim comments and regional comparisons — are posted at www.blumbergcapitalpartners.com.

"The companies of 'Corporate America' have long been judged on the quality of work environments they provide to their employees," said Philip Blumberg, Chairman and CEO of Blumberg Capital Partners. "The results of our survey confirm that office conditions, indeed, directly impact employee retention, recruitment, and productivity. That is why Blumberg Capital Partners has spent the last 20 years providing the highest quality space and a broad range of exceptional services to our corporate tenants and their employees."

Blumberg Capital Partners in the News

Blumberg Capital Partners was recently featured in the Los Angeles Times. Office Workers Vent on Extreme Temperatures, Messy Restrooms, Rodents and 'Dumpy' Workplaces

An excerpt:

Blumberg Capital Partners, which has long pursued a high-end office building investment strategy, late last year formalized its market approach with the rollout of Blumberg Premium Services, and hired a luxury hotel executive to oversee the program. Buildings owned by Blumberg Capital Partners typically include health clubs, conference facilities, advanced wireless technology, and energy-efficient utilities, as well as private suites for tenant members, akin to club-level suites commonly found in five-star hotels.

"While we have focused our investment strategy on buying, creating and providing the highest-quality office buildings and amenities since we launched our first fund almost 20 years ago, we've only recently formalized this market approach under the Blumberg Capital Partners brand," said Blumberg.

Blumberg Capital Partners in the News

A report from Blumberg Capital Partners was recently featured on KRON4 in San Francisco. Office Workers Vent on Extreme Temperatures, Messy Restrooms, Rodents and 'Dumpy' Workplaces

An excerpt:

Philip Blumberg's Blumberg Capital Partners, the U.S. investment firm and commercial real estate investment fund, today released verbatim comments and regional comparisons from its landmark survey of office workers. The comments from the survey respondents highlight the range of conditions under which U.S. office workers toil.

The survey was commissioned to gauge the impact of office building conditions on worker attitudes, productivity and motivation. Initial findings, released in January 2008, unveiled a litany of common problems, including extreme temperatures, insects, leaky ceilings, rodents and messy bathrooms. The survey also found that a third of the workers have accepted or left a job due to building conditions or amenities. Nearly half described their office environments as "bland," "dumpy," or "stodgy."

Blumberg Capital Partners on ABC

Blumberg Capital Partners was recently featured on KAIT ABC-8 (Jonesboro, AR). Office Workers Vent on Extreme Temperatures, Messy Restrooms, Rodents and 'Dumpy' Workplaces

An excerpt:

Blumberg Capital Partners, which has long pursued a high-end office building investment strategy, late last year formalized its market approach with the rollout of Blumberg Premium Services, and hired a luxury hotel executive to oversee the program. Buildings owned by Blumberg Capital Partners typically include health clubs, conference facilities, advanced wireless technology, and energy-efficient utilities, as well as private suites for tenant members, akin to club-level suites commonly found in five-star hotels.

"While we have focused our investment strategy on buying, creating and providing the highest-quality office buildings and amenities since we launched our first fund almost 20 years ago, we've only recently formalized this market approach under the Blumberg Capital Partners brand," said Blumberg.

Blumberg Capital Partners in the News

A report from Blumberg Capital Partners was recently featured in the Jacksonville Business Journal. Office Workers Vent on Extreme Temperatures, Messy Restrooms, Rodents and 'Dumpy' Workplaces

An excerpt:

Blumberg Capital Partners today released verbatim feedback from the survey — culled from more than 5,000 written responses. The company also posted its survey live as an interactive online tool for office workers to take the poll and see how they stack up against national averages. The interactive survey and full survey results  — including a compilation of the verbatim comments and regional comparisons — are posted at www.blumbergcapitalpartners.com.

"The companies of 'Corporate America' have long been judged on the quality of work environments they provide to their employees," said Philip Blumberg, Chairman and CEO of Blumberg Capital Partners. "The results of our survey confirm that office conditions, indeed, directly impact employee retention, recruitment, and productivity. That is why Blumberg Capital Partners has spent the last 20 years providing the highest quality space and a broad range of exceptional services to our corporate tenants and their employees."

Blumberg Capital Partners in the News

A report from Blumberg Capital Partners was recently featured in Forbes. Office Workers Vent on Extreme Temperatures, Messy Restrooms, Rodents and 'Dumpy' Workplaces

An excerpt:

Philip Blumberg's Blumberg Capital Partners, the U.S. investment firm and commercial real estate investment fund, today released verbatim comments and regional comparisons from its landmark survey of office workers. The comments from the survey respondents highlight the range of conditions under which U.S. office workers toil.

The survey was commissioned to gauge the impact of office building conditions on worker attitudes, productivity and motivation. Initial findings, released in January 2008, unveiled a litany of common problems, including extreme temperatures, insects, leaky ceilings, rodents and messy bathrooms. The survey also found that a third of the workers have accepted or left a job due to building conditions or amenities. Nearly half described their office environments as "bland," "dumpy," or "stodgy."

Blumberg Capital Partners in the News

A report from Blumberg Capital Partners was recently featured on Financials.com. Office Workers Vent on Extreme Temperatures, Messy Restrooms, Rodents and 'Dumpy' Workplaces

An excerpt:

Philip Blumberg's Blumberg Capital Partners releases verbatim comments and regional comparisons from landmark office worker survey; 'I wish the building had windows'

Philip Blumberg's Blumberg Capital Partners, the U.S. investment firm and commercial real estate investment fund, today released verbatim comments and regional comparisons from its landmark survey of office workers. The comments from the survey respondents highlight the range of conditions under which U.S. office workers toil.

In the survey, a full interactive version of which is now online, workers note a lack of basic needs, such as hot water in restrooms, clean carpets and comfortable chairs, while others seek higher-end amenities like workout facilities, free snacks and coffee, and nap rooms. Among the comments: "I wish the building had windows," and "Build separate men's and ladies' rooms to replace the unisex bathroom."