One of the biggest trends in business and real estate is the shift happening within office setup. In many companies, gone are private offices and cubicles, replaced by open concepts that can foster collaboration and create a more dynamic work environment.
Transitioning away from individualized workspaces has cut the per-person square footage requirement in half at many companies, driving down the overall real estate spend. Companies are even saving money on initial construction costs – making CFOs happy.
From a landlord’s perspective, however, a handful of challenges exist that could lead to their resistance to allowing such plans.
Via cresa.com