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The Future Trends Of The Office Space Industry In 2014

By Expert Author: Commercial office trends are becoming more and mor

Commercial office trends are becoming more and more dynamic in nature nowadays. Both the companies and the individuals working in them desire versatile working environments. The changing trends have become so noticeable that we can confidently assume they will exist in future too. Let us see some of the popular Office space industry trends which will prevail this year, as well as in the future years to come:

Increased telecommuting implies increased demand for office space of smaller size

Though telecommuting did exist in the previous times, it was not as popular or available as it is now. The number of individuals endeavoring for converting their home into an office space is also increasing. There are several options for telecommuting in an extensive array of commercial industries. The fact that many people are choosing telecommuting as their employment option itself means that there has been an increased demand for smaller sized offices.

Companies are now also making it possible for their workforce to work from their home, and thus they do not require big offices or corporate structures which were once considered vital. This implies that many commercial space tenants will look towards small offices as compared to huge commercial buildings. This is in order to eliminate the cost incurred on big office buildings. Due to a higher demand for smaller offices, there will also be tough competition for acquiring a smaller space.

Increased demand for shared office space facilities

Shared office space is also becoming visible in different industries. A shared space means commercial tenants will possess their own set office area and instead of having separate facilities for their business, they will share the necessary facilities like receptionist, conference room and others. Thus tenants won’t have to incur expenditure on separate amenities or create additional space for receptionist, as an illustration. Shared space is very popular now as it facilitates tenants with required facilities and saving of money over a greater period of time.

Reduced demand for Big Office Space

With the growing demand for smaller space for offices, there will be lesser demand for big buildings and offices. The logic behind this is that a business owner does not see the need to pay for an unutilized and unnecessary space. Business tenants find it more feasible to lease the appropriate amount of space and not to go for a square foot area which will not be useful in any manner. Thus big office space owners will be in a tough position to look for business tenants or clients looking for big office spaces for their company and employees.

Amongst the various providers of virtual offices in Miami, Smart Space is the leading one providing a range of virtual office solutions ideal for small business owners. It provides vital facilities like parking, audio video conferencing equipments, receptionist and others which fulfill every requirement of corporate spaces and fine functioning of staff.

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