WeWork office suites offer you agility, without compromise.<\/p>\n\n\n\n
Wondering what that means? Here\u2019s how WeWork office suites compare to traditional commercial office space. (Or, if you’re ready, calculate the cost of a WeWork office suite in your market.<\/a>)<\/p>\n\n\n\n\n\n Commercial leases are long-term\u2014five to 10 years for prime real estate in the United States, Canada, and the UK\u2014and usually inflexible. Companies that experience growth or change rarely find that they have the right amount of space for their employees\u2014they’re either overcrowded or underutilized.<\/p>\n\n\n\n WeWork understands that businesses evolve. We expect your needs to change year to year\u2014or even month to month. That\u2019s why our service agreements start at six months for WeWork office suites. If you need to expand, just let us know. We can meet your needs for additional space.<\/p>\n\n\n\n In addition, WeWork is your single global real estate provider. With more than 425 locations in 100 cities in 27 countries, we can easily help you open satellite offices when you need to move into new markets. <\/p>\n\n\n\n Signing a commercial lease on office space requires an upfront payment to secure it, often a year\u2019s rent. <\/p>\n\n\n\n With WeWork, there are no major capital investments or hidden costs. We charge a one-time service retainer of 1.5 to 2.5 times your monthly membership fee, depending on your payment method. We return it to you within 30 days after the agreement ends.<\/p>\n\n\n\n If you\u2019ve signed a lease for a commercial office space, you then have to customize it. This means sourcing and managing architects, designers, contractors, engineers, IT specialists, and other vendors. In New York, the average office buildout cost ranges from $161.05 to $247.67 per square foot<\/a>, depending on the layout.<\/p>\n\n\n\n With WeWork office suites, you don\u2019t need to undergo that expensive and time-consuming process. We\u2019ll work with you to make the space your own, at no additional cost. First, you select the office layout and design style that best suits your company. Then, we\u2019ll integrate your branding and personal touches.<\/p>\n\n\n\n The search, customization, and buildout before move-in can take 12 to 18 months. This leaves a lot of room for unproductive work as employees remain stuck in inadequate environments while they wait for their new space.<\/p>\n\n\n\n With WeWork office suites, your space is move-in ready. Generally, you can make yourself at home as soon as you\u2019ve signed your agreement (unless you\u2019ve opted for a space in one of our soon-to-be-opened locations).<\/p>\n\n\n\n Even the best-designed office can\u2019t run itself. You need a team to keep it clean and safe. In the U.S., the average office manager salary<\/a> is $46,285, and the average IT director salary<\/a> is $114,685. The average receptionist<\/a> and mail clerk<\/a> salaries are each $27,000 annually, while a custodian<\/a>‘s salary is $24,000. That\u2019s a total of $238,970 without factoring in benefits or the supplies and infrastructure (e.g., Wi-Fi, software, phones, coffee, cleaning materials) each of those employees needs to perform their jobs\u2014which would push that total well above $350,000 a year.<\/p>\n\n\n\n WeWork allows you to offload office-management logistics. Our team handles Wi-Fi, utilities, phones, conference-room reservation and guest-registration technology, security, cleaning, and mailroom services. We\u2019ll stock your kitchens with fruit-infused water, micro-roasted coffee, and tea. It\u2019s all included in your WeWork membership.<\/p>\n\n\n\n With WeWork office suites, you get your own private space, complete with a reception area, kitchenette, and phone booths\u2014and you enjoy all the benefits that come with being a WeWork member. Your team can work, take meetings, and connect with other WeWork members in your location\u2019s common areas. Plus, we provide access to discounted professional services, career-development events, and perks like reduced gym memberships.<\/p>\n\n\n\n As a business leader, the decisions you make don\u2019t just affect your company\u2019s performance. They also impact each employee\u2019s overall experience.<\/p>\n\n\n\n That\u2019s why WeWork is here for you. With WeWork office suites, your company gets a private, beautiful workspace designed for innovation and creativity that\u2019s personalized just for your company, and your employees get all the benefits and perks that come with being WeWork members. But most importantly, we give you the ability to leverage our spaces to help you meet your business objectives\u2014while giving your employees the best experience possible.<\/p>\n\n\n\n WeWork offers companies of all sizes space solutions that help solve their biggest business challenges.<\/em><\/p>\n\n\nLease terms<\/strong><\/h2>\n\n\n\n
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Lease cost<\/strong><\/h2>\n\n\n\n
Office buildout cost<\/strong><\/h2>\n\n\n\n
Time to market<\/strong><\/h2>\n\n\n\n
Office operation costs and logistics<\/strong><\/h2>\n\n\n\n
The benefits of a WeWork membership<\/strong><\/h2>\n\n\n\n
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Focus on your business, not on real estate<\/strong><\/h2>\n\n\n\n