Flexible office space is taking over. Some are quickly adapting to a future where flexible office space is a significant portion of the office market, but others are still concerned about how co-working spaces—a major part of the flexible market—will affect company culture and productivity. The reality is that, there are enough flexible office options today to supply the needs of every kind of company, whether it wants flexibility or networking.

Everyone from corporations to start-ups and freelancers are finding flexible offices spaces to fit their needs, and they are seeing the benefits. The options for spaces range from co-working spaces from an operator or direct leasing of a smaller, curated space for a corporation or project team. “Many landlords are taking a progressive perspective on office leasing,” Mark Gilbreath, CEO and founder of LiquidSpace, tellsGlobeSt.com. “From an asset management standpoint, there are going to be three strategies applied to office buildings. The first is long-term leasing, which will continue for sometime. The second strategy is the landlord renting space to a flexible operator to provide a managed community experience. The third is to do direct leasing to a tenant on flexible terms, which will be ideal for growing or larger firms that need flexible space but not shared space.”

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Kelsi Maree Borland

Kelsi Maree Borland is a freelance journalist and magazine writer based in Los Angeles, California. For more than 5 years, she has extensively reported on the commercial real estate industry, covering major deals across all commercial asset classes, investment strategy and capital markets trends, market commentary, economic trends and new technologies disrupting and revolutionizing the industry. Her work appears daily on GlobeSt.com and regularly in Real Estate Forum Magazine. As a magazine writer, she covers lifestyle and travel trends. Her work has appeared in Angeleno, Los Angeles Magazine, Travel and Leisure and more.

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