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Old Posted Mar 16, 2023, 3:53 PM
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esquire esquire is offline
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Quote:
Originally Posted by bomberjet View Post
My previous company, along with other similar companies, are in the burbs because the rates are cheaper than they can get downtown. First hand info from the people singing leases. Maybe depends on what class of office space you are looking for.
I wonder if that's changing? The suburbs do not have a ton of newer or at least redeveloped space. So if there isn't much availability, lease rates go up. While downtown lease rates might be going down in light of the growing vacancy rate.

I'm not sure what else would be enticing companies downtown which often means longer commutes, parking hassles for staff and clients alike, and a frankly, not terribly appealing environment these days.
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