Bruce: I read the article as it is earned because it is what the coworking spaces are asking in rent. They follow up by saying that most closed offices in the area rent for $21 to $36. I assume that the $21 to $36 is the going rate to rent the space in this area but coworking spaces are able to charge up to the $53 because of the space design, business model, and premium that coworking offers beyond space.
Quote from WSJ 'The total vacancy for a "creative" space with open floor plans ideal for co-working was 2.54% in San Francisco in July, and the asking rent ranged from $32 to $53 per square foot per year. ' Making your space total 6,000 sq. ft. makes a significant difference because that is involved in that 80 to 100 sq. ft. per workspace. Just as Jerome and Alex said that most shared space (kitchen, conference room, lounge space) is workable spaces. We have people working in these areas frequently. Craig -- You received this message because you are subscribed to the Google Groups "Coworking" group. To post to this group, send email to [email protected]. To unsubscribe from this group, send email to [email protected]. For more options, visit this group at http://groups.google.com/group/coworking?hl=en.
