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The Pros and Cons of Leasing Office Space Post Pandemic

If you are considering leasing office space in 2022, you really must read this article.  We are RDS Real Estate, leading the way in Fort Worth with industrial and commercial property for rent. Call us at 817-439-3224 for more information about leasing office space Fort Worth.

Now, let’s talk about the economy of 2022, and how it needs to be considered if you are thinking about office space for lease.

The pros of leasing office space

One pro to leasing office space in 2022 is the fact that there probably have not been this many vacant offices in the U.S. since the Recession of 2008.  It is a renter’s market all across the nation, and that can mean not only favorable rents but also favorable amenities, as commercial real estate companies attempt to lure renters back.

In addition, more flexible lease terms will most likely be available, and we are also more likely to see zoning restrictions to relax in many areas in many cities.

The cons of leasing office space

The most important con to mention regarding office space to rent is the fact that we really don’t know what the economy will look like in 2022.  Economists and forecasters are generally calling for an uptick in activity, and an increase in the return of companies, but please remember those are forecasts based upon trends. We have never, as a nation, climbed out of a pandemic before, so we really don’t know how the market will respond.

A couple alternatives to consider

There are two important alternatives to consider regarding leasing office space. The first is coworking space, or sharing an office with other workers from other companies.  Under this scenario, workers or small business owners would simply rent office space by the month.  There is no long-term commitment, which makes it a very attractive choice when no one can confidently predict the future of business post-pandemic.

The other option to consider is to take out an office lease with another company, or two, or three, thus sharing the costs with other business owners.  All you need is a shared receptionist area, and then each company would have its own room in the back.  Yes, this is a long-term rent, but it is also a very cost-efficient approach during tough times.

The bottom line

The bottom line regarding leasing office space, or for that matter a retail space for lease, or a warehouse for rent, is that these are uncertain times, but they are also exciting times of change and innovation.  Never before in recent history has the economic landscape been so willing to consider alternative approaches to business, and never before, in recent history, have small business had so many affordable options.

A word about RDS Real Estate

RDS Real Estate is locally owned and operated, a leader in the commercial and industrial real estate scene in Fort Worth, Texas, and the surrounding Tarrant County. Call us for information about our portfolio of outstanding properties, and ask us about exciting opportunities in the Fort Worth Design District.

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