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There are a lot of companies that require office space e.g. pharma, hospitals etc. I wouldn't be surprised to see established companies expand on cheap real es
by lumost 6y ago
There are a lot of companies that require office space e.g. pharma, hospitals etc.
I wouldn't be surprised to see established companies expand on cheap real estate and start offering closed offices to employees.
- greenyoda 6y ago> I wouldn't be surprised to see established companies expand on cheap real estate and start offering closed offices to employees. As much as I like closed offices, I think that companies that want to save money still won't offer them. The cost of closed offices isn't just more square footage; they also incur construction costs that open office space don't: walls, doors, their own heating/cooling/ventilation ducts, their own lighting and electrical wiring, etc. And an office layout with closed offices is more expensive to modify.
- hogFeast 6y agoWarehouses is another one (in addition to coworking). I am not sure how easy it would be to rezone (some places have an industrial category that is separate from office/residential) but being able to fulfill orders out of city-centres is obviously attractive (but debt and equity would go to zero then, you could probably maintain prices with coworking but warehouse space is going to be a 90%+ loss).