There’s definitely a trend towards a more efficient use of space among office users …

26th July, 2013 - Posted by Jeffrey S. Weil, MCR.h, SIOR - No Comments

“There’s definitely a trend towards a more efficient use of space among office users thanks to the advancement of digital file storage, Wi-Fi, and the like.”  According to CoStar, there are a number of factors involved in this, including length of lease, corporate standards, existing furniture and budgets for smaller, more efficient work environment.  Also the major factor that in this era of business growth is being driven by smaller businesses.  The large corporations are still hunkered down while companies under 25,000 square feet (and in our suburban market, 5,000 square feet) are the driving force in office space absorption.  This has caused the “100 square foot” employee space usage to still be a thing of the future.

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