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.
One 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.
I thought WW-style was mostly hot desks or hot offices? I was thinking something semi-permanent with additional privacy. Maybe that exists and I’m out of the loop.
