What is a traditional office? Most traditional leases are long-term, requiring anywhere from 3 to 5 years commitments. Economies fluctuate. Markets rise and fall. Industries evolve. New marvel characters get their own movies. In other words, perhaps a five year commitment isn't the best. We specialize in office solutions that are alternatives to traditional office space.
When to use traditional space: Traditional Office Space has its advantages for unique requirements and for companies seeking large footprints.
Can be ideal for large companies, mixed use, and those exploring options in additional to serviced office and coworking space.
Many traditional deals require longer term commitments, from 3 years and up. This may be good for larger established companies looking to set up long-term headquarters. Do you know where your business will be in 3 years?
Some requirements are just better fits for traditional space. Need a sink or a bathroom in your office? Looking to organize yoga or exercise sessions? Traditional space can accommodate all sorts of uses.
With traditional space you will be responsible for contracting with your own ISP and Phone, custom build-out, supplying furniture, paying for maintenance and utilities. And the like.
Traditional office space is a good solution for large companies of 50 plus employees. At this time the serviced office and coworking space industry is not as well equipped to handle such large requirements.
The serviced office space and coworking space industry is still small. There are a great many traditional space options of all shapes and sizes in whichever area you are looking.
Traditional office space can offer more flexibility with unique requirements such as live-work, second floor retail, medical and more.