4 ms·
I've wondered if there will be emerging business models for medium-sized, amenities-included (AP wiring, coffee, snack service, etc..), short-lease office space
by captrb 4y ago
I've wondered if there will be emerging business models for medium-sized, amenities-included (AP wiring, coffee, snack service, etc..), short-lease office spaces. Basically for when a company wants to downsize, but also wants to retain a little bit of physical space for meetings, events, and folks that live nearby. Nobody wants to sign a three year lease for their whole company, nor do they want a "we work" space where you'll be surrounded by random people. I think companies will want to hedge on short term accommodations. I don't have the real estate knowledge to know if this is even possible.
- jsharkey 4y agoWeWork was just a few years too early :)
- Waterluvian 4y agoOne challenge about office space is that it can be a very narrow margin business. It’s often cheaper to not operate than to slash rent to get anyone in. High turnover is even more expensive. I do like the idea of a No Frills We Work. The Holiday Inn of office space. Clean. Beige. Functional. No “culture.” No common areas. Just shared entrances and hallway like your traditional office complex.
- mattweinberg 4y agoThat sounds a lot like Regus to me, which has been around for a long time: https://www.regus.com/en-us https://www.regus.com/en-us
- ttul 4y agoI’d rather die than spend five minutes in a Regus.