Cisco Systems | Penn1 Retrofit: The New Office – A Magnet, Not a Mandate
The IBcon Smart Building Best Practice Showcase is an annual event held at the Realcomm | IBcon conference where real estate leaders present their most innovative, technology driven commercial and corporate real estate projects. These projects demonstrate leading-edge technologies and vision for intelligent and adaptive design that is transforming the next generation of IT-enabled real estate. The Weekly News Briefing will feature a unique Showcase project each week.
PENN1 is Cisco’s first hybrid workplace. The New York City Talent and Collaboration Center was designed utilizing a technology-first mindset, taking an integrated approach that simplifies building management, reduces operational costs and enables a state-of-the-art hybrid work environment. This smart building immersive experience re-imagines the office to attract top
talent, help ensure well-being, and provide new flexible ways to work. Penn1 is optimized for collaborative space, understanding that collaboration is not a single activity. Sharing information, making decisions, and brainstorming each has a specific set of technology requirements. From large training rooms to the ultimate immersive video conferencing experience, built for the modern C-suite, to small huddle spaces, to hot-desking to the Grand Community lounge, Cisco’s PENN1 facility is a showcase of what is possible: making the office a magnet, not a mandate.
This Week’s Sponsor
Mapped is a Delaware corp. headquartered in El Segundo, CA. Founded in 2019 by Shaun Cooley (Ex Vice President and CTO of Cisco IoT). The company is venture backed by leading industry VCs and corporates like Greycroft, MetaProp, Honeywell, Allegion, among others. Our employees are based across the US, Ukraine, Germany, Brazil, Portugal, and Poland.
Read Next
Best Practices for Managing Lease Renewals When your commercial leases come up for renewal, it’s a great opportunity to assess your real estate portfolio, consider the value of current leases and possibly negotiate better terms.
3 Reasons to Incorporate AI Into Your Talent Retention Strategy Introducing new technology into the workplace is often met with suspicion.
Operational Technology (OT) Data Data has been a cornerstone of business since the early days of computing in the 1960s.
The Tech-Forward Response to Rising CRE Cap Rates is Also People-First Cap rates on commercial real estate have been rising for five consecutive quarters, leading to an estimated 20% drop in value for many property types, according to CBRE’s latest U.S. Real Estate Market Outlook.