Warehouse and industrial real estate is becoming more specialized. Here is a look at the evolving kinds of warehouse and industrial office spaces dominating the market today: 1. Manufacturing Facilities These spaces support production or assembly of products. Buildings devote relatively little square footage to offices. Configurations are built around equipment, material inputs, and the…
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If you are in the market for office space, the implosion of WeWork should factor into your search. The growth of flexible workspace and the coworker office space trend has been driving up rent prices. WeWork Financial Woes Are Creating Opportunities WeWork leases 8.9 million square-feet for flexible workspace in New York City, which is…
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Affordability The cost associated with a new rental space is significant when determining the suitability of office space. Costs to consider include the rental of a potential office, customization charges and expenses to be incurred when moving office equipment to the new offices. A business owner must ensure that the costs are affordable and within…
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