Tag Archives: WeWork

0 Tech, Not Shared Office Space, is Redefining Commercial Real Estate

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What are some of the most notable office landlords, like Boston Properties, doing to address the growth of the co-working segment that is being championed by WeWork?

Shared Office space in Boston and Cambridge

Credit: WeWork

From Bisnow:

“Our point of view is we’re pretty maniacally focused on our customer, and our sweet spot has been this long and strong customer: long-term leases, strong credit,” [Boston Properties Executive Vice President Bryan Koop] said. “As we continue to focus on that, there will be changes in how we work with them.”

Boston’s surging real estate cycle is driven by tech, both by traditional technology tenants like Rapid7 as well as companies with an increased digital presence like General Electric. With every company increasingly thinking of themselves as a tech company, plug-and-play connectivity and less lag time between lease signing and move-in are rising expectations, forcing landlords to take a more active role in their tenant experience.

 

0 Co-working Office Space Portends Modern Commercial Real Estate

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WeWork Boston

WeWork

It is clear, Co-working is a valuable resource when launching a company.  Depending on, in part your age, or size of your company, shared space is by far changing the traditional office environment. No longer are we a society of cubes and offices; we now have huddle rooms, phone booths, collaboration stations and quiet spaces.

There’s a variety of co-working options and environments available to applicable enterprises; for instances, at WeWork businesses can receive the following:

HOT DESK
A shared workspace in a common area. When you purchase a Hot Desk, there is no need to reserve a particular workspace in advance each day; you can come and go as needed and use any available desk.

This plan includes access to our digital Member Network, events, and services, 24/7 keycard access at your home location, as well as 2 monthly credits for reserving workspaces and conference rooms.

DEDICATED DESK
An assigned desk space in a large open area shared with other members. This dedicated space comes with a lockable filing cabinet for your personal belongings. Desktops may be set up and left overnight. This plan includes access to our digital Member Network, events, and services, 24/7 keycard access at your home location, as well as 5 monthly credits for reserving workspaces and conference rooms.

PRIVATE OFFICE
A fully enclosed, lockable office space. Your company can add on more offices as you grow. This plan includes access to our digital Member Network, events, and services, 24/7 keycard access at your home location, as well as monthly credits for reserving workspaces and conference rooms that correlate with your office size (minimum of 12 credits for a 1 person office).

You can read more on the Daily Free press website.