Various companies have decreased the size of their office space since the COVID-19 pandemic began. Unfortunately, it is becoming increasingly difficult for commercial real estate agents to service the growing number of firms who are wishing to reduce their operations to offices smaller than 1000 square feet.
In light of this, commercial real estate agents are looking for new ways to provide a better working environment for their clients who need less office space. Modern coworking spaces are an excellent solution.
They provide flexibility since they offer both short and long-term memberships. Along with this, commercial real estate agents can serve their clients quickly because the space is move-in ready and is fully furnished with amenities including a kitchen, board room, printers, and more. By cooperating with a modern coworking space that has private offices, commercial agents can satisfy clients who need to downsize to reduce their overhead expenses..
Benefits of Coworking Spaces for Business Owners
A coworking space is an environment where various professionals from different industries work together in a shared office. This offers the opportunity to network with other business owners and entrepreneurs, which can lead to future collaborations and opportunities.
There are far more benefits, however, including:
- Move-in ready: Unlike traditional office spaces, coworking spaces are fully furnished with all the amenities ready to go when you arrive. That means you and your employees will spend significantly less time moving and significantly more time working on important projects.
- Greater flexibility: Coworking spaces provide business owners with the scalability to downsize or upsize as their needs change. Many coworking spaces offer multiple memberships designed for companies at different stages.
- No long-term commitment: Unlike a lease, you do not have to commit to a long-term contract when you join a coworking space. This gives you the freedom to leave if your needs change or if the space no longer meets your requirements. This means you are able to try it out before deciding if it is for you.
- Professional environment: Coworking spaces provide you with a professional environment. This is true for both internal operations as well as relationships with clients. For internal operations, you can take advantage of an open-concept layout for creativity and collaboration. Along with this, there are privacy options available when you need them, such as private meeting rooms. As for client relations, having a coworking space allows you to retain your company’s positive reputation since you’re able to conduct video meetings in a quiet, distraction-free, and professional-looking environment.
- Flexible hours: You are able to work anytime as many coworking spaces are accessible on a 24/7 basis . Even if you or your employees are working late at night or early in the morning, you’ll still have access to the amenities that the coworking space offers.
- Access to amenities: A good coworking space comes with a range of amenities that you can take advantage of. This includes access to the internet, office supplies, meeting rooms, and more. This eliminates the need for business owners to set up these amenities in their own office spaces. Instead, they can concentrate on their work and significantly reduce move-in-related downtime.
- Community: Coworking spaces offer a sense of community that you cannot find in traditional office spaces. This is because you are working with like-minded individuals who share the same values and goals as you. This can also create opportunities for future collaborations, which can help your business grow.
- Learning Opportunities: At the same time, you will also encounter professionals who handle business matters differently, even if they are in the same industry. For example, they might use different apps for collaboration and communication.
- Lounge facilities: Along with the endless opportunities for increasing the productivity of you and your employees, you’ll also have access to lounge facilities. These come fully equipped with snacks and beverages, allowing you to unwind and release your stress for a moment, then get back to work with a renewed mind.
- Ergonomics: Because coworking spaces are specifically designed for working professionals, the furniture pieces they contain were made with ergonomics in mind from the outset. If you and your employees are sitting for long hours, they will be able to enjoy all the health benefits of well-designed, comfortable chairs.
- Cleaning services: Coworking spaces not only have amenities ready for you, but they also have a dedicated team managing the space. Among the services they provide business owners are cleaning services. You won’t have to worry about the upkeep of your office space, as it will be handled for you each day. This means you and your employees can focus on work.
- Printer access: Pretty much every company needs access to printing at some point. Whether it’s to have documents ready for an important meeting or to mail off an important document, you should have access to printers whenever you need them. This is one thing that coworking spaces provide. There’s no need to go all the way to a print shop every time you want to print something – instead, you’ll have a printer right there that you can access 24/7.
Coworking spaces have become a popular option for business owners because they offer many advantages that are not found in traditional office spaces.
What Do Coworking Spaces Mean for Commercial Real Estate Agents?
Commercial real estate agents are noticing that an increasing number of their clients are looking for office space, whether for a start-up business, a company downsize, or as temporary office space with fewer rental commitments.
Commercial real estate agents are now looking to coworking spaces as a way to provide their clients office space for those needing offices with 1,000 square feet or less, as well as for those that need a more professional setting with access to amenities and a sense of community.
Coworking spaces are becoming an important option for businesses of all sizes, and commercial real estate agents are wise to partner with these locations in order to fill the needs of their clients. The flexibility of it means they can offer their clients more options when it comes to their preferred size and amenities. They realize that coworking spaces provide a valuable service to their clients and can be a great resource for small and large businesses alike.
What Should Commercial Real Estate Agents Look for in a Coworking Space?
Coworking spaces have become increasingly popular in recent years. This is due to the many benefits they offer to their members. Commercial real estate agents should consider partnering with a coworking space to help meet the needs of their clients. When it comes to choosing a space, there are a few factors to consider.
When looking for a coworking space to partner with, you should consider the following:
- Size of space: It’s important that the space is able to accommodate the needs of your clients when it comes to size. If you are dealing with business owners who are downsizing, for example, they will not need a large office.
- Location: The location of the space is also important and should be considered as well. You will want to find a space that is easily accessible for your clients. It’s also important to consider the demographics of the area. You will want to make sure that it is in a desirable area for your clients. In addition, if you are working with businesses in a certain industry, you will want to find a space that is in close proximity to them.
- Cost of membership: The cost of membership is another important factor to consider when partnering with a space. You will want to find a space that is affordable for your clients. This will ensure that they are able to take advantage of all the benefits that the space has to offer. That being said, you don’t have to sacrifice quality for the price. Ideally, you will find a space that prioritizes both quality and affordability.
- The feel of the space: The feel of the space is important to consider. You will want to find a space that has a positive, collaborative, and productive atmosphere. This will make it easier for your clients to get work done. The space should be well-lit and have plenty of natural light. It’s also important that the space is well-maintained and clean.
- Design of the workplace: The design of the workplace is also something you want to consider. You will want to find a space that has a modern and professional aesthetic look. This will help your clients feel more at ease and productive.
- Amenities offered through the space: You should consider the amenities available to the members at the coworking space. You need to find a space that has all of the basic amenities businesses need as well as ones that meet your clients’ specific needs. The space should offer a variety of amenities, including conference rooms, break areas, and printing facilities.
- Flexibility of the space: The flexibility of the space is another important factor to consider. You will want to find a space that offers a variety of membership options so that your clients can find one that fits their needs. The space should also be flexible when it comes to the length of the renting term. This will give your clients more options when it comes to choosing a space.
- The quality of the space: Fully-furnished coworking spaces need to have furniture in them that reflects the needs of business professionals. For example, they should be equipped with ergonomic chairs and sturdy desks so they can work for hours at a time without getting fatigued.
- Privacy options of the space: While coworking spaces are designed to be a space for collaboration and networking, they should also have privacy options available when needed. For example, if businesses need to have a private meeting, they should have a place to do so.
- Accessibility of the workplace: Coworking spaces should be designed to fit the needs of a variety of working professionals. The right coworking space will have the right accommodations in place for professionals with work schedules outside of the standard 9-5 or 8-4 structures. For example, they should offer 24/7 access to amenities when they need them.
- Technology: Internet access is standard for coworking spaces, but the type of internet access they have is important as well. You don’t want your clients to have to deal with slow connection speeds and constant video buffering. Rather than increase their productivity, this will only be a problem for them. Instead, you’ll want to find a coworking space that provides high-speed, reliable internet connections.
If you are able to find a space that meets all of these criteria, you will be able to meet and exceed your clients’ needs when it comes to a downsized office space.
The takeaway
Coworking spaces have become a place for entrepreneurs, freelancers, and businesses looking for a smaller office space. It’s such an attractive option that commercial real estate agents are now collaborating with coworking spaces to provide more opportunities to clients.
If you are looking for a place to work outside of your home, coworking spaces offer the perfect environment. These flexible work environments can be tailored to meet your needs. You can choose to work in an open space or have your own dedicated desk. It provides all the resources you need to get started; you just have to find the right one.
We believe that everyone should have access to beautiful workspaces without compromising affordability or quality. That is why our team has created an amazing community where you can come together with other professionals who share your values and get things done. WorkAway Offices provides flexible terms for fully-equipped offices at competitive prices. Visit us today to check out the WorkAway Offices’. Or, if you’re looking for a quality and affordable coworking space in Ottawa, Ontario, check out our expansion, opening in April 2022.
Various companies have decreased the size of their office space since the COVID-19 pandemic began. Unfortunately, it is becoming increasingly difficult for commercial real estate agents to service the growing number of firms who are wishing to reduce their operations to offices smaller than 1000 square feet.
In light of this, commercial real estate agents are looking for new ways to provide a better working environment for their clients who need less office space. Modern coworking spaces are an excellent solution.
They provide flexibility since they offer both short and long-term memberships. Along with this, commercial real estate agents can serve their clients quickly because the space is move-in ready and is fully furnished with amenities including a kitchen, board room, printers, and more. By cooperating with a modern coworking space that has private offices, commercial agents can satisfy clients who need to downsize to reduce their overhead expenses..
Benefits of Coworking Spaces for Business Owners
A coworking space is an environment where various professionals from different industries work together in a shared office. This offers the opportunity to network with other business owners and entrepreneurs, which can lead to future collaborations and opportunities.
There are far more benefits, however, including:
- Move-in ready: Unlike traditional office spaces, coworking spaces are fully furnished with all the amenities ready to go when you arrive. That means you and your employees will spend significantly less time moving and significantly more time working on important projects.
- Greater flexibility: Coworking spaces provide business owners with the scalability to downsize or upsize as their needs change. Many coworking spaces offer multiple memberships designed for companies at different stages.
- No long-term commitment: Unlike a lease, you do not have to commit to a long-term contract when you join a coworking space. This gives you the freedom to leave if your needs change or if the space no longer meets your requirements. This means you are able to try it out before deciding if it is for you.
- Professional environment: Coworking spaces provide you with a professional environment. This is true for both internal operations as well as relationships with clients. For internal operations, you can take advantage of an open-concept layout for creativity and collaboration. Along with this, there are privacy options available when you need them, such as private meeting rooms. As for client relations, having a coworking space allows you to retain your company’s positive reputation since you’re able to conduct video meetings in a quiet, distraction-free, and professional-looking environment.
- Flexible hours: You are able to work anytime as many coworking spaces are accessible on a 24/7 basis . Even if you or your employees are working late at night or early in the morning, you’ll still have access to the amenities that the coworking space offers.
- Access to amenities: A good coworking space comes with a range of amenities that you can take advantage of. This includes access to the internet, office supplies, meeting rooms, and more. This eliminates the need for business owners to set up these amenities in their own office spaces. Instead, they can concentrate on their work and significantly reduce move-in-related downtime.
- Community: Coworking spaces offer a sense of community that you cannot find in traditional office spaces. This is because you are working with like-minded individuals who share the same values and goals as you. This can also create opportunities for future collaborations, which can help your business grow.
- Learning Opportunities: At the same time, you will also encounter professionals who handle business matters differently, even if they are in the same industry. For example, they might use different apps for collaboration and communication.
- Lounge facilities: Along with the endless opportunities for increasing the productivity of you and your employees, you’ll also have access to lounge facilities. These come fully equipped with snacks and beverages, allowing you to unwind and release your stress for a moment, then get back to work with a renewed mind.
- Ergonomics: Because coworking spaces are specifically designed for working professionals, the furniture pieces they contain were made with ergonomics in mind from the outset. If you and your employees are sitting for long hours, they will be able to enjoy all the health benefits of well-designed, comfortable chairs.
- Cleaning services: Coworking spaces not only have amenities ready for you, but they also have a dedicated team managing the space. Among the services they provide business owners are cleaning services. You won’t have to worry about the upkeep of your office space, as it will be handled for you each day. This means you and your employees can focus on work.
- Printer access: Pretty much every company needs access to printing at some point. Whether it’s to have documents ready for an important meeting or to mail off an important document, you should have access to printers whenever you need them. This is one thing that coworking spaces provide. There’s no need to go all the way to a print shop every time you want to print something – instead, you’ll have a printer right there that you can access 24/7.
Coworking spaces have become a popular option for business owners because they offer many advantages that are not found in traditional office spaces.
What Do Coworking Spaces Mean for Commercial Real Estate Agents?
Commercial real estate agents are noticing that an increasing number of their clients are looking for office space, whether for a start-up business, a company downsize, or as temporary office space with fewer rental commitments.
Commercial real estate agents are now looking to coworking spaces as a way to provide their clients office space for those needing offices with 1,000 square feet or less, as well as for those that need a more professional setting with access to amenities and a sense of community.
Coworking spaces are becoming an important option for businesses of all sizes, and commercial real estate agents are wise to partner with these locations in order to fill the needs of their clients. The flexibility of it means they can offer their clients more options when it comes to their preferred size and amenities. They realize that coworking spaces provide a valuable service to their clients and can be a great resource for small and large businesses alike.
What Should Commercial Real Estate Agents Look for in a Coworking Space?
Coworking spaces have become increasingly popular in recent years. This is due to the many benefits they offer to their members. Commercial real estate agents should consider partnering with a coworking space to help meet the needs of their clients. When it comes to choosing a space, there are a few factors to consider.
When looking for a coworking space to partner with, you should consider the following:
- Size of space: It’s important that the space is able to accommodate the needs of your clients when it comes to size. If you are dealing with business owners who are downsizing, for example, they will not need a large office.
- Location: The location of the space is also important and should be considered as well. You will want to find a space that is easily accessible for your clients. It’s also important to consider the demographics of the area. You will want to make sure that it is in a desirable area for your clients. In addition, if you are working with businesses in a certain industry, you will want to find a space that is in close proximity to them.
- Cost of membership: The cost of membership is another important factor to consider when partnering with a space. You will want to find a space that is affordable for your clients. This will ensure that they are able to take advantage of all the benefits that the space has to offer. That being said, you don’t have to sacrifice quality for the price. Ideally, you will find a space that prioritizes both quality and affordability.
- The feel of the space: The feel of the space is important to consider. You will want to find a space that has a positive, collaborative, and productive atmosphere. This will make it easier for your clients to get work done. The space should be well-lit and have plenty of natural light. It’s also important that the space is well-maintained and clean.
- Design of the workplace: The design of the workplace is also something you want to consider. You will want to find a space that has a modern and professional aesthetic look. This will help your clients feel more at ease and productive.
- Amenities offered through the space: You should consider the amenities available to the members at the coworking space. You need to find a space that has all of the basic amenities businesses need as well as ones that meet your clients’ specific needs. The space should offer a variety of amenities, including conference rooms, break areas, and printing facilities.
- Flexibility of the space: The flexibility of the space is another important factor to consider. You will want to find a space that offers a variety of membership options so that your clients can find one that fits their needs. The space should also be flexible when it comes to the length of the renting term. This will give your clients more options when it comes to choosing a space.
- The quality of the space: Fully-furnished coworking spaces need to have furniture in them that reflects the needs of business professionals. For example, they should be equipped with ergonomic chairs and sturdy desks so they can work for hours at a time without getting fatigued.
- Privacy options of the space: While coworking spaces are designed to be a space for collaboration and networking, they should also have privacy options available when needed. For example, if businesses need to have a private meeting, they should have a place to do so.
- Accessibility of the workplace: Coworking spaces should be designed to fit the needs of a variety of working professionals. The right coworking space will have the right accommodations in place for professionals with work schedules outside of the standard 9-5 or 8-4 structures. For example, they should offer 24/7 access to amenities when they need them.
- Technology: Internet access is standard for coworking spaces, but the type of internet access they have is important as well. You don’t want your clients to have to deal with slow connection speeds and constant video buffering. Rather than increase their productivity, this will only be a problem for them. Instead, you’ll want to find a coworking space that provides high-speed, reliable internet connections.
If you are able to find a space that meets all of these criteria, you will be able to meet and exceed your clients’ needs when it comes to a downsized office space.
The takeaway
Coworking spaces have become a place for entrepreneurs, freelancers, and businesses looking for a smaller office space. It’s such an attractive option that commercial real estate agents are now collaborating with coworking spaces to provide more opportunities to clients.
If you are looking for a place to work outside of your home, coworking spaces offer the perfect environment. These flexible work environments can be tailored to meet your needs. You can choose to work in an open space or have your own dedicated desk. It provides all the resources you need to get started; you just have to find the right one.
We believe that everyone should have access to beautiful workspaces without compromising affordability or quality. That is why our team has created an amazing community where you can come together with other professionals who share your values and get things done. WorkAway Offices provides flexible terms for fully-equipped offices at competitive prices. Visit us today to check out the WorkAway Offices’. Or, if you’re looking for a quality and affordable coworking space in Ottawa, Ontario, check out our expansion, opening in April 2022.