Interconnectivity is essential to business, so it should come as no surprise that fiber-optic networks are becoming essential to commercial real estate offerings.
A new market report suggests that companies should include fiber-optic capabilities on their must-have list when it comes to evaluating potential office space amenities. This ensures the proper framework for establishing cloud-based storage, messaging capabilities, digital marketing, consumer analytics, and Internet speed – all of which impact productivity within the workplace.
With download speeds ranging up to 1 Gigabit per second, fiber-optic Internet service provides the most efficient telecommunication infrastructure. Commercial office spaces providing this type of connectivity position themselves as preferred locations with greater tenant benefits. And, as more organizations adopt Internet-dependent business applications, this trend is set to expand.
Fiber-optics pave the way not only for greater business productivity, but also job creation, talent cultivation and community development. Businesses that reach peak efficiency are expanding and bringing in more staff, residents who can use fiber-optic capabilities to pursue higher education or professional training enjoy greater success, and the overall community benefits from these types of opportunities and growth.
Commercial real estate investors and developers should take note: while there are many factors that impact the decision to occupy a new location, the role of high-speed Internet is not to be diminished. It is in investors and business owners’ best interest to plan ahead and make fiber-optic systems a requirement for their space.
To learn more about fiber-optic networks within the CRE market and the availability in your area, contact the professionals at Intelica Commercial Real Estate. We monitor the Midwest for trends and takeaways to help developers, investors and business owners make the most of their business opportunities.