Considering a new commercial or industrial build in the Coastal Georgia or Lowcountry area? Many businesses are opting for flex spaces over traditional construction and you may want to consider this option too.
“Flex spaces have become increasingly popular among local businesses of all sizes, from small startups to large corporations,” said Chris Tilton, President of Dewitt Tilton Group.
Here are nine reasons to consider flex space for your next commercial or industrial construction project.
What is Flex Space?
Flex space is a mix of warehouse space with office and retail storefronts. The benefit of choosing flex space for a commercial property is that the building can be adapted to the specific needs of each tenant. Flex spaces are usually leased, rather than being owned outright by a business. Plus, flex space units typically have a higher ceiling height to accommodate a loading dock or warehouse door.
Why build Flex Space?
Businesses of all sizes should consider building flex space for their next commercial or industrial project. Flex space can be the right option if you are a one-person small business or a large corporation with many employees. Mobile workforces find flex space buildings particularly helpful, especially if their employees travel frequently or work remotely. Flex spaces can be a convenient and cost-effective way to maintain a presence in multiple locations. Keep reading to learn more reasons to consider building flex space!
Scalability
One of the biggest advantages of flex space is that it’s scalable. This means that businesses can lease as much or as little space as they need. Flex spaces offer your business the ability to grow or contract day-to-day operations depending on changing circumstances. If you need more office space for an expansion, just call up our team! If you are looking for a cost-effective and quick change in your flex space location, we have you covered. Most flex working spaces can be altered as needed without the hassle of major renovations.
A Sense of Community
Another advantage of flex space is that it often comes with a built-in sense of community with like-minded people. This can be beneficial for networking and collaboration. Many flex spaces have common areas where tenants can gather to work or socialize. This sense of community can make flex spaces more fun and enjoyable to work in. Compared to remote work, flex space provides the opportunity to collaborate with other people in-person, which can lead to improved efficiency and creativity.
Contract Flexibility
It’s called flex space for a reason! Flex spaces offer more flexibility in terms of lease conditions. Many flex spaces offer month-to-month or shorter-term leases, which can be beneficial for businesses that are growing or downsizing. Traditional office spaces often requires a long-term lease. In a world of uncertainties, flex space gives you unparalleled control and the ability to pivot quickly to take advantage of new opportunities.
Design Flexibility
In addition to lease flexibility, a flex space is also more versatile when it comes to layout and design choices. This can be beneficial for businesses that need to change the layout of their office frequently. With most offices, your designing abilities are limited by what has already been provided, and it can get particularly expensive to remodel. Traditional office space is often more rigid than flexible space because it’s designed for a specific purpose. Flex space allows the tenant to use space for a variety of purposes, such as meetings, events, or storage. Plus, most flex spaces operate as build-to-suit, which enables a tenant to customize their space at a lower cost to fit their needs.
Shared Amenities
Another advantage of flex space that doesn’t exist in a traditional space is that it offers the ability to share amenities. This can be beneficial for businesses that want to save on costs. Many flex spaces have common areas where tenants can share amenities, such as meeting rooms, lounges, Wi-Fi, parking space, and restrooms. This can lead to lower costs for businesses that use these shared amenities.
Minimal Initial Costs
For those looking to save, flex space offers little to no initial costs upfront. This is because flex space is often turn-key and ready to use. Traditional office space often requires a long-term lease, which can be prohibitive to growth and expansion. Furthermore, traditional office space often requires build-out costs, which can be expensive.
Employee Interaction
Because the whole space is located on just one floor, your business can keep the entire office staff and warehouse personnel under the same roof. This allows for easier communication between departments and establishes a positive employee culture. Allowing the full business staff to be under the same roof also ensures that you are not keeping up with different leases for multiple spaces.
High-Profile Locations
Flex spaces are often found in business parks, which makes the location easy to find and centrally located. Not only will customers see your business more often, but your employees will enjoy the perks of an office in the hub of activity.
Higher Ceiling Heights
Lastly, flex spaces offer higher ceiling heights, which come with many advantages. An average office ceiling is typically eight or nine feet high. Flex spaces have ceilings that reach between 12 to 16 feet tall with the capability to reach as high as 24 feet tall. This allows more shelf space in your warehouse. Plus, it creates an environment where noises will not travel as far and reverberate.
If you are considering a flex space construction project in the Coastal Georgia or Lowcountry region, give Dewitt Tilton Group a call! From trees to keys, our team lives and breathes the building and design process with a full understanding of the intricacies of industrial and commercial construction. Call us today at 912-777-3404 or visit our website at www.dewitttiltongroup.com.