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The Suburban Office Could Blur the Lines of Residential, Commercial

Remote work is likely going to continue in some form, but that doesn’t mean workers never want to head into an office again. Investors are betting on a post-pandemic surge in interest in workspaces located in suburban neighborhoods. To get ahead of what they foresee as a trend, they’re eyeing suburban residences and empty retail, with the thought of turning them into smaller office spaces that can be rented out.
Some startups and property management owners are offering flexible office spaces in the suburbs for remote workers who need a break from working from home. They’re touting furnished office space that can be booked by the day or month. For example, one such startup called Daybase is turning retail spaces into furnished offices that can be rented out in suburban locations. The company doesn’t want to replace corporate headquarters but rather to create a network of smaller office
Continue… https://magazine.realtor/daily-news/2021/05/05/the-suburban-office-could-blur-the-lines-of-residential-commercial

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Perrella & Associates
1932 E 2nd Ave
Hibbing, MN 55746
Phone: 218-262-5582
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