Have you heard of shared office space, otherwise known as coworking space? If not, this article will prove to be interesting if you are looking for office space for lease. We are going to discuss what shared office space is, who it works well for, and who probably should look elsewhere for office space for rent.
We are Paddock Place Office Suites, and we are leading the way in coworking space in the Greater Fort Worth Metro area. Call us at 817-439-3224 for more information and to arrange for a tour.
What is shared office space?
Shared office space is exactly what it sounds like. Instead of leasing an office for just your company, you are sharing the rent on office space which is used by multiple companies. The other major component of shared office space is that it is a short-term rental, meaning you rent by the month, when you need it, and do not rent long-term.
Although coworking has been around for quite a few years, it gained great popularity during COVID when so many companies sent their employees home for remote work. Many people cannot work from home; there are far too many distractions around the old homestead, and work can suffer. Thus the popularity of coworking space, a quiet business setting which includes everything needed to conduct business, without distractions.
Who benefits from shared office space?
Anyone trying to save money will benefit from shared office space. Any remote worker who cannot, for a variety of reasons, work from home. Any business executive in town on business for a few days, or a few weeks, will benefit from a short-term business environment. Any home-based business owner in need of a public face to their business will find coworking to be a great solution.
The money savings alone are reason enough to consider it. At Paddock Place Office Suites, our coworking space starts at $550 per month, and that price includes WiFi, utilities, a shared conference room, restrooms, a private mailing drop, and shared break room. Compare that to the insane price of an office space in downtown Fort Worth, or downtown Los Angeles, and you can quickly see the financial appeal of shared office space.
Who should probably look elsewhere for an office space for lease?
If you need a permanent public face for your business, shared office space is probably not for you. If you have multiple employees, and those employees cannot work remotely, you need to consider the traditional office space approach. And if you work better by yourself, without multiple people sharing space with you, this might not be the approach for you.
For everyone else, at the very least you will want to consider coworking space and go take a look for yourself.
A final word about Paddock Place Office Suites.
Paddock Place Office Suites is locally owned and operated. We are part of the Fort Worth Design District, along with Box Office Warehouse Suites and the Golden Triangle Business Park, located in the Alliance Area of North Fort Worth. Call us today and our leasing agent will schedule a tour for you and answer any questions you might have at that time.