Office Space
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A Office Space is a commercial real estate property designed for business activities.
- Context:
- It can (typically) be used for professional or administrative work.
- It can (often) include various types of office spaces such as traditional office spaces, co-working spaces, executive suites, and virtual offices.
- It can be located in different settings, including urban centers, suburban office parks, and mixed-use developments.
- It can vary in size and layout, accommodating small businesses to large corporations.
- It can offer amenities and services such as reception, mail handling, and IT support, especially in shared or co-working spaces.
- It can be subject to zoning laws and regulations that govern commercial real estate.
- ...
- Example(s):
- A multi-story building in a downtown area housing different businesses and corporate offices.
- A shared office space in a suburban area providing desk space and meeting rooms to various small business owners and freelancers.
- An office complex in a mixed-use development, offering both workspaces and residential units.
- ...
- Counter-Example(s):
- A Residential Property, which is primarily used for living purposes and not for commercial activities.
- A Retail Space, which is designed predominantly for retail sales and services.
- A Warehouse, typically used for storage and distribution and not office work.
- ...
- See: Commercial Real Estate, Office Lease Agreement, Business Center, Workspace Design, Commercial Zoning, Property Management, Business Infrastructure.
References
2023
- https://www.lawdepot.com/contracts/commercial-lease-agreement/
- QUOTE: What properties are commercial?
- Generally, commercial real property includes any non-residential real estate, including entire buildings as well as individual units within buildings. The following examples are considered commercial property:
- Office spaces, including individual office suites or entire office buildings