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Office Space: Advantages of a Shared Office

Raimo Valin by Raimo Valin
April 4, 2022
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Office Space: Advantages of a Shared Office
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In the last decade, more and more shared offices have been established, and modern buildings are designed to be used as common areas by different organizations. A shared office like Law Office Space for Rent in Chicago River North for example is a building with multiple tenants, usually located in an easily accessible location and often used by start-ups and medium-sized companies. Especially if renting your own space is not yet financially viable for you, a shared office may be the right thing for you.

Operating and ancillary costs are shared in a shared office, and the available facilities can be shared, such as the reception and the kitchen. If you decided to rent an office space that is already furnished right from the start, you are also at the right place in an office community. As a rule, shared offices are already equipped with everything companies need for successful day-to-day work.

Pros And Cons Of Business Centers

The idea of ​​a business center originally came about in the USA and became increasingly popular in Europe in the 80s, along with the open-plan office. A business or office center is the more luxurious variant of an office community. In most cases, behind this type of building, an external operator buys or rents an entire building complex or at least several areas and then equips it. As the name suggests, a business center focuses on a company’s core business.

Business centers are usually divided into team and individual offices of different sizes, meeting rooms, and open lounge areas. The open common areas include, for example, a social heart, event rooms, or roof terraces. If the building has these premises, you have unlimited access to them based on flexible rental contracts.

To make every day work easier for the tenants as much as possible, in addition to the technical requirements, a complete interior design and various services are also part of this. As a tenant, you can usually use these services as part of an all-inclusive rental price. In addition to the cleaning of your office space, printers, copiers, and other technical components, other administrative services (mail processing, reception, telephone service) and others are included in an all-in rental price.

Advantages       

office community – rent office space effectively – cost savings – flexible rental period – use of common facilities – high synergy effect (many companies from different sectors under one roof) – dynamic working environment

business center – flexible leases, which can also be concluded and terminated at short notice – many different rooms (lounges, conference rooms, event rooms) – a wide range of services

Disadvantages 

Office community – little privacy – possible competition in the same building – few parking spaces for all companies

Business center – high demand – possible competition in the same building

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