How Much Space Do We Need?

 Will shrinking footprints slow the office recovery?

No company ever seems to have the right amount of office space. Firms grow and shrink throughout the years for many reasons; however, they must contract for space over a set lease term of five, 15, or even 20 years. Typically this situation results in about 20 percent to 25 percent more space per worker than the stated goals of space planners. So firms with a goal of 200 square feet per worker will likely end up closer to 250 sf per worker.

by Norman G. Miller and Roger J. Brown, CCIM

– See more at: http://www.ccim.com/cire-magazine/articles/310928/2013/05/how-much-space-do-we-need#sthash.iOyfXKNW.dpuf

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