With the fast paced life Millennials are living today, they desire a working environment and home life that is technically advanced, comfortable and convenient. From office space to home life to even industrial warehouses for e-commerce, everything is changing for the desires of this age group. Huge industrial style buildings are being built to keep up with the demand for delivery from places like amazon.com. Bulk distribution areas are a growing need to meet the expectations of this generation. Along with the rest of the working class, the work force in these industrial areas expects to have opportunities to collaborate with each other and have the same amenities as any other working environment.
Office spaces are also changing. The cubical will soon be a thing of the past and more open meeting spaces will be the new office. Millennials believe that office areas should be for teamwork and a collaborative company effort. Along with these open offices, Millennials desire amenities located in their work environments. Some might include: a full kitchen, convenient gym, technology allowing air temperatures to be changed from smart phones, and especially high speed Wifi. Some companies have gone as far as installing indoor go-kart tracks and breweries. There is also popular demand for old, vacant buildings to be turned into a creative space with all the same options. Former freelance writer Don Jacobson comments on this idea stating “We have found that our tenants, particularly millennials, share this thinking and are naturally drawn to locations with deep historical significance, but they also need to be functional in a modern business setting.”
Outside the working life of a millennial, there is the need for functional home spaces. There is a growing need for urban areas and a decline in rural settings. Houses need to be located near restaurants and other fun entertainment. The outmoded urban houses are also popular with updated modern functionality. Millennials are changing industrial real estate and modernizing it to fit advancing needs.