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Commercial property, also called commercial real estate, investment property or income property, is real estate (buildings or land) intended to generate a profit, either from capital gains or rental income. [1] Commercial property includes office buildings, medical centers, hotels, malls, retail stores, multifamily housing buildings, farm land ...
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.
Atlanta Technology Center. Atlanta Technology Center is an office park in Atlanta, Georgia. The 19-acre (7.7 ha) complex is located alongside Northside Drive and the old Atlanta railway, less than 1 mile (1.6 km) from Atlantic Station. The complex is near Interstate 75 and is 1 mile (1.6 km) north of Georgia Tech.
The purpose of an office broker is to provide a single point of contact in which clients can access the entire office space market globally or regionally. An office broker will commonly advertise both office space and serviced office space. To fulfill the goal of finding clients to rent serviced office space, a serviced office broker will often ...
Plus, the coworking office space took a major hit in late 2023 with WeWork’s $18 billion bankruptcy, shedding dozens of leases across the country, with 35 in New York City alone.
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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