Over the last couple years, commercial properties have seen a major shift in office culture and the want for open office space to encourage employee collaboration and camaraderie are at an all-time high on a lessee’s office space wish list. This is causing the average 182 square foot of office space per employee to drop to an estimated 100 to 150 square foot of office space per employee in some industries. Here are some things to consider when determining how much office space you need to rent:
- Plan For Growth: It’s recommended that when planning your future office space, you not only plan for the current usage of the space but for potential future growth. It’s estimated that as you grow, you want to reach occupancy limits at around ¾ of the way through your lease. This will put you in a good position to know the future staffing needs and their need for office space.
- What Are Your 1, 3, 5+ Year Projections: You not only want to think of your business success in terms of added revenue, but in added work, customers, and employees. Having clear goals and projections can help determine how quickly you will need to increase your office space.
- What Type Of Office Environment Do You Want: You’ve heard of cubicles, shared workspace or individual offices, but when you’re thinking about your new office, think of the type of atmosphere you want in your office. Are there certain people who hold a lot of meetings, on the phone a lot, or need to collaborate often? Answering some of these questions will determine if an open workspace would really work for the type of work you are trying to accomplish.
- How Is The Staff Segmented: Do your employees work in teams? You should take into consideration how those teams work together. Would having the collaborative environment help with creativity?