1/22/2023 0 Comments Flex type property![]() ![]() Lack of flexibility when the contract no longer works in favor of the businessĪ Flex Space is a form of commercial real estate with a warehouse, office, and retail space.The need to upgrade for more space when demand falls.Wasted office space when the staff become redundant.Wasted warehouse space when demand expands and goods fly off the shelves.However, it won’t be long before such a business runs into some challenges with this layout. This layout has been the norm for several years. For example, a company would separately lease a warehouse and its office spaces on long term leases. They want solutions that are more efficient, cheaper, and that offer the flexibility necessary to survive in the 21st-century business world.įor years now, businesses would rent real estate spaces that are fixed for particular purposes on long term leases of about ten years. Well, people are no longer shying away from embracing new ways of organizing corporate spaces. But what does it mean, and how can it work for your business? If you’ve been hanging around real estate circles these past few years, you’ve probably come across the term Flex Space.
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