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Different Kinds Of Office Space

The space for offices comes in variant shapes and sizes, all available for renting and purchasing process. Even as many different industries of different niches support open floor plans and office spaces that can accommodate them, there are plenty of different types of office space that can fit your company’s needs and requirements. However, if you are looking for different rental office space listings then just visit Justproperty.com as they are one of the best online real estate portals in Dubai. While if you are still confused about what kind of office space you are looking for then read this article till the end. Types of office spaces Traditional office space The classic office layout is usually best for financial services, hedge funds, and law firms. This type of office space will give employees quiet and private areas to work and handle clients and confidential information. While some common features of a traditional office include Reception Boardroom Bullpen Creative office space For creative people, there are creative office spaces that have become synonymous with open-plan office space. However, creative office space can vary in style, decor, and layout. While some of the creative office space layouts include: Wood flooring High ceiling Large windows Wet pantry Fewer walls These layouts highlight the collaboration on a functional and symbolic level. There are less partitions between departments and desks which offers transparency, communication, and collaboration between employees, managers, and leadership. Creative office spaces are also very spacious compared to other spaces. As it involves square feet allocated per person, you can fit more employees at tables or rows in open space that you can at individual cubicles or private offices. Startups, tech giants, and creative agencies along with large enterprises and financial institutions are all looking for creative office spaces as this type of space encourages and facilitates communication within teams. Contiguous office space Contiguous office space is multiple suites on the same floor that are combined to a single tenant. Moreover, contagious space can also be referred to suites which are located on multiple floors of a building that a single tenant rents. Coworking space As the name suggests, this type of office space offers flexible terms of use of a number of desks in an open office space and usually includes meeting and break out rooms. Such offices serve small companies and startups in need of workspace for an indefinite period. Coworking space can be secured by desk per day for one year or more. While shared amenities, spaces, and appliances help keep costs low. On the other hand, longer commitments will ensure lower rent prices but depending on the situation it may be worth paying a premium for the flexibility. Due to the flexible lease terms and collaborative workspace, coworking spaces often encourages interaction between tenants in the form of organized events, panel discussions, and happy hours. Executive suites Executive suites come as fully serviced workspace settled within a full floor of space that has been leased to another company. You can get executive suites on a lease with flexible terms. Most office suites will offer month-to-month rent or in terms of 3,6,9, and 12-month increments. While some offices will also come loaded with furniture and pre-wired for phone and internet services. The perks of an executive suite include access to a common conference room and break room and a reception area with a receptionist. Classifying different types of office buildings Classification of office buildings serves as signals of their amenities, architecture, location, and cost to rent. Most office buildings fall into these 4 categories: Trophy, Class A, Class B or Class C. However, there is no industry standard or benchmarks that’s what makes these buildings one class or the other. The distinction varies by market and by other buildings that are in the neighborhood. So, the common factors that decide what class a building falls into are the age, location, curb appeal, historical significance, maintenance, ownership, building infrastructure IT, HVAC, and on the construction awards such as LEED certification. Class A office space The largest and highest quality office spaces on the market are the Class A office buildings. Class A office buildings are available in a mix of vintage, historical buildings and new constructions that offers premium location, top of the line technical infrastructure, reputable ownership. Such buildings also include a ton of tenant services such as maintenance team and lobby concierge. Class A comes with high rent prices and attracts firms with budgets. Class B office space Buildings that are older but still offer reliable amenities and property management services fall under the Class B category. Class B office spaces are mostly owned by smaller tenants and earlier-stage companies. Such offices can be found in prime areas but enjoy cheaper leases than Class A building because there are fewer amenities and services. Class C office space As the name suggests, Class C office buildings are the properties with fewer tenant services than Class B. While there are very few Class C office buildings on the market because they struggle to compete with higher-quality office spaces. Trophy A trophy is the unofficial 4th term that is used to denote a buildings’ category. A trophy is a high-end class building beyond Class A types. They are well-known iconic structures and represents one-of-a-kind building with distinctive architectural designs and composed of the highest quality of materials. Summary If you live in Dubai and are searching for office space to expand your old office or for a startup then look for it on Justproperty.com as it is Dubai’s most visited online real estate portal. The post Different Kinds Of Office Space appeared first on MyVenturePad.com.

The space for offices comes in variant shapes and sizes, all available for renting and purchasing process. Even as many different industries of different niches support open floor plans and office spaces that can accommodate them, there are plenty of different types of office space that can fit your company’s needs and requirements.

However, if you are looking for different rental office space listings then just visit Justproperty.com as they are one of the best online real estate portals in Dubai. While if you are still confused about what kind of office space you are looking for then read this article till the end.

Types of office spaces

Traditional office space

The classic office layout is usually best for financial services, hedge funds, and law firms. This type of office space will give employees quiet and private areas to work and handle clients and confidential information. While some common features of a traditional office include

  • Reception
  • Boardroom
  • Bullpen

Creative office space

For creative people, there are creative office spaces that have become synonymous with open-plan office space. However, creative office space can vary in style, decor, and layout. While some of the creative office space layouts include:

  • Wood flooring
  • High ceiling
  • Large windows
  • Wet pantry
  • Fewer walls

These layouts highlight the collaboration on a functional and symbolic level. There are less partitions between departments and desks which offers transparency, communication, and collaboration between employees, managers, and leadership.

Creative office spaces are also very spacious compared to other spaces. As it involves square feet allocated per person, you can fit more employees at tables or rows in open space that you can at individual cubicles or private offices.

Startups, tech giants, and creative agencies along with large enterprises and financial institutions are all looking for creative office spaces as this type of space encourages and facilitates communication within teams.

Contiguous office space

Contiguous office space is multiple suites on the same floor that are combined to a single tenant. Moreover, contagious space can also be referred to suites which are located on multiple floors of a building that a single tenant rents.

Coworking space

As the name suggests, this type of office space offers flexible terms of use of a number of desks in an open office space and usually includes meeting and break out rooms. Such offices serve small companies and startups in need of workspace for an indefinite period. Coworking space can be secured by desk per day for one year or more.

While shared amenities, spaces, and appliances help keep costs low. On the other hand, longer commitments will ensure lower rent prices but depending on the situation it may be worth paying a premium for the flexibility.

Due to the flexible lease terms and collaborative workspace, coworking spaces often encourages interaction between tenants in the form of organized events, panel discussions, and happy hours.

Executive suites

Executive suites come as fully serviced workspace settled within a full floor of space that has been leased to another company. You can get executive suites on a lease with flexible terms. Most office suites will offer month-to-month rent or in terms of 3,6,9, and 12-month increments.

While some offices will also come loaded with furniture and pre-wired for phone and internet services. The perks of an executive suite include access to a common conference room and break room and a reception area with a receptionist.

Classifying different types of office buildings

Classification of office buildings serves as signals of their amenities, architecture, location, and cost to rent.

Most office buildings fall into these 4 categories: Trophy, Class A, Class B or Class C. However, there is no industry standard or benchmarks that’s what makes these buildings one class or the other. The distinction varies by market and by other buildings that are in the neighborhood.

So, the common factors that decide what class a building falls into are the age, location, curb appeal, historical significance, maintenance, ownership, building infrastructure IT, HVAC, and on the construction awards such as LEED certification.

Class A office space

The largest and highest quality office spaces on the market are the Class A office buildings. Class A office buildings are available in a mix of vintage, historical buildings and new constructions that offers premium location, top of the line technical infrastructure, reputable ownership. Such buildings also include a ton of tenant services such as maintenance team and lobby concierge.

Class A comes with high rent prices and attracts firms with budgets.

Class B office space

Buildings that are older but still offer reliable amenities and property management services fall under the Class B category. Class B office spaces are mostly owned by smaller tenants and earlier-stage companies. Such offices can be found in prime areas but enjoy cheaper leases than Class A building because there are fewer amenities and services.

Class C office space

As the name suggests, Class C office buildings are the properties with fewer tenant services than Class B. While there are very few Class C office buildings on the market because they struggle to compete with higher-quality office spaces.

Trophy

A trophy is the unofficial 4th term that is used to denote a buildings’ category. A trophy is a high-end class building beyond Class A types. They are well-known iconic structures and represents one-of-a-kind building with distinctive architectural designs and composed of the highest quality of materials.

Summary

If you live in Dubai and are searching for office space to expand your old office or for a startup then look for it on Justproperty.com as it is Dubai’s most visited online real estate portal.

The post Different Kinds Of Office Space appeared first on MyVenturePad.com.

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