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re: What will become of commercial office space as the digital age strengthens
Posted on 8/10/20 at 6:45 pm to SlidellCajun
Posted on 8/10/20 at 6:45 pm to SlidellCajun
It’s not that black and white.
There are a lot of functions / organizations / services for companies and corporations that will need to be able to meet at an office. And they aren’t necessarily going to go out of business because of that.
There are a lot of functions / organizations / services for companies and corporations that will need to be able to meet at an office. And they aren’t necessarily going to go out of business because of that.
0
Posted on 8/10/20 at 7:01 pm to ItNeverRains
You'll see a decrease in demand for the amount of space but it won't be as drastic as online doomsayers say. My small business doesnt have ine but that's only because I have two employees (myself included).
Posted on 8/10/20 at 7:06 pm to fallguy_1978
quote:
I'm an introvert by a fair amount and so did I to a certain degree.
I am too. I like being forced into social situations. Because otherwise I'd never see people.
Posted on 8/10/20 at 7:09 pm to ItNeverRains
Favelas are coming
Posted on 8/10/20 at 7:13 pm to ItNeverRains
Flex office space, coworking, and private office suites were becoming the norm before COVID and will be a good in between both from a budget and workspace perspective coming out of this - for those who desire office but not the baggage and expense of the big, large, long term office leases.
Posted on 8/10/20 at 9:24 pm to Nephropidae
quote:
Flex office space, coworking, and private office suites were becoming the norm before COVID and will be a good in between both from a budget and workspace perspective coming out of this - for those who desire office but not the baggage and expense of the big, large, long term office leases.
I agree. No one is saying it’s all or nothing. But enough companies leasing 4 floors reducing down to 1 floor across the board will pinch that market as we’ve never seen before.
And for those who need the office environment there are 2 (or more) who don’t want the rigors of going into an office, travel, parking, hell getting dressed to do what they can do at home.
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