FLEX SPACE
FOR TENANTS

OFFERS MANY LEASING ADVANGATES

Flex Space Makes A Lot Of Business Sense For Tenants​

There are many advantages for companies to use flex buildings for their operations, one of which is the possibility to lease or buy storage space at a price that is a fraction of what it would cost to use conventional industrial real estate. Because they typically have greater ceiling heights and more usable area than warehouses, flex buildings are an excellent option for commercial enterprises that require more storage space.

In addition, businesses can lease or own flex buildings depending on their requirements, making this type of real estate a more cost-effective choice than standard industrial real estate. Flex buildings are also known as adaptive reuse structures.

Flex spaces offer a range of office space, warehouse space, and industrial space all under one roof, which is one of the most significant advantages of these types of spaces. When compared to traditional office space, this can be a significant advantage because it relieves tenants of the responsibility of locating separate locations for their warehouse and office needs.

Showers and places to store bicycles are two examples of the kinds of amenities that are common in many flex spaces but are less likely to be found in typical offices. The majority of these are a direct result of its increased adaptability in comparison to conventional workplace settings. Considering Flex Spaces is a good idea for several reasons, including the following:

1. Scalability
Your company has the potential to expand or reduce its operation if it utilizes Flexible Spaces as an alternative for its real estate needs. This capacity is made possible by the adaptability of the space. It only takes one phone call to get a few extra square feet of office space for your growing business if this becomes necessary. On the other side, if you are winding down activities in one area and require a smaller space, you won’t have to worry about it because your Flex space can accommodate that.

2. Reducing Cost / Expense
The first expenses associated with establishing a new location for a company might be extremely high. It might be taxing on a company if they have to pay for the furniture, the decor, and the facilities, in addition to the monthly maintenance fees. Because there are very few if any startup costs associated with Flex Spaces, your company does not need to be concerned about them. You simply need to be concerned about rent, and the amount you pay for that will rely on the factors that determine commercial rent pricing in your location.

3. Variety of uses
High ceilings, huge windows, and loading docks are some of the elements that are commonly found in flex spaces. These qualities allow flex spaces to be utilized for a variety of purposes. In addition, they might have facilities like conference rooms, kitchenettes, on-site parking, safety and security measures, and climate control.

4. Build Community
In contrast to working from home or remotely, the communal settings of Flex Spaces foster a sense of community and encourage collaboration among employees. The obvious disadvantage of working remotely is that it separates employees from their teams and the companies they work for. Flex Spaces, on the other hand, have proven to foster a sense of community and increased motivation among employees.

5. More Amenities
High ceilings, huge windows, and loading docks are some of the elements that are commonly found in flex spaces. These qualities allow flex spaces to be utilized for a variety of purposes. In addition, they might have facilities like conference rooms, kitchenettes, on-site parking, safety and security measures, and climate control.

6. Enhanced Productivity & Innovation & Business Connections
Creating surroundings that are conducive to the exchange of ideas can be accomplished by populating flex spaces with many organizations or personnel. Entrepreneurs that share similar perspectives can get together to discuss new concepts while other workers mingle and make new friends.

7. Lease Contract Adaptability & Flexibility
When compared to traditional office or commercial real estate, the typical lease period for flex space is significantly shorter. Because of this, flex industrial space is a better alternative for firms that may not want to commit to a long-term lease because it offers a greater degree of flexibility.

8. Lease Space Flexibility & Adaptability
The capability of Flexible Places to transform into a variety of different spaces is a benefit that is quite valuable to a lot of different enterprises. The fact that Flexible Spaces can be used for a variety of purposes with only minor adaptations makes them a blessing for many different businesses.

PHLEX Properties is the place for you to be if you are interested in Flex Spaces or more information about the Real Estate alternatives that are available for your company. We are more than delighted to respond to any inquiries you may have. You can reach us by phone or send us a message through the website by clicking the Contact button.