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A serviced office broker will commonly help business center owners and facility management companies to rent serviced office space. Companies offering serviced offices are generally able to offer more flexible rental terms, as opposed to a conventional leased office which may require furnishing, equipment, and more restrictive leases.
As of the first quarter of this year, the office vacancy rate reached 19.8%, up from 19.6% the prior quarter. Not to mention, the new record-high vacancy rate is 50 basis points “above the ...
Office vacancies increased to 13.5%, the highest level since 2000, according to Goldman. And over the next decade, economists at the firm expect the office vacancy rate to climb to 18%.
November 6, 1989. Mission Hill is a square mile [2] (2 square km), primarily residential neighborhood of Boston, bordered by Roxbury, Jamaica Plain and Fenway-Kenmore and the town of Brookline. The neighborhood has two main streets, namely Tremont Street and Huntington Ave. It is served by several stations on the MBTA's Green Line E branch, as ...
Office sharing. Office sharing is a concept that allows companies who own or manage an office, that have redundant office space to share or rent the workstations or self-contained units to smaller companies looking for flexible workspace. This creates revenue for the company that runs the office, and provides a cheap, flexible alternative for ...
IWG projects that the number of office workers in commuter towns could increase by up to 175% in the U.K. and 60% in the U.S. as businesses shift more toward a hybrid model.
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