The Value of Flexible Private Offices Inside Coworking VS Traditional Leases

One of the most popular products inside a co-working hub like Bamboo is the private office option.

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Private offices inside coworking spaces are designed to be more flexible and affordable, especially for growing remote or hybrid teams. Still, many people don't know you can get choose a private work experience inside a collaborative environment like Bamboo. It's the perfect balance for focused work and collaboration.

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Why choose a flexible private office vs a traditional lease? 

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1. Flexibility and Scalability

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Private flexible offices are designed to be easy to scale up or down. While a traditional lease requires a multi-year commitment, Bamboo offices are flexible. You can book it by the month, six months, or 1-2 years. This allows you the option to adjust your business needs easily without signing a long-term lease, which is a contract your company is liable for. This is very helpful for growing teams or those who are testing out returning to an office.

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2. More Cost Effective than a Lease

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When most people shop for a private office, they don't realize the added fees often required in a traditional lease. Coworking offices include all the fees in one easy bundled price. You choose a private office and all fees are included. In a traditional lease, you must pay for items such as: utilities, CAM (common area charges), daily janitorial, office and kitchen supplies, furniture rent or purchase, insurance. All of this is included in coworking offices -- offering you an affordable rate. We estimate based on the average sq ft rental rate in Ann Arbor that this places most flex offices at 30-50% cheaper than a traditional lease.

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‍Make sure you learn what line-items are add-on fees in your lease.

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This chart above gives you an example of team offices and the breakdown below of lineitems of what's included in a flex office at a coworking space like Bamboo vs a traditional office lease.

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What's included in a flex office vs a Traditional Lease?

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3. Modern Amenities and Facilities

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When shopping for a traditional lease, often you have to build out your space. Construction costs have skyrocketed over recent years. This is then added onto your lease. But when you choose a co-working facility like Bamboo's coworking spaces, all modern Amenities are included. All of our locations have additional lounge space, meeting rooms, printing, bike storage, mother's rooms, cafes with sparkling water, cold brew, and hot coffee, lounge and brainstorm areas, and rooftop spaces. You don't have to build out modern amenities -- we've already done that for you.

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4. Location Advantages

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Your location is central to bringing a team back together again for work or meetings. Bamboo chooses central locations that have easy parking options, walking distance to coffee shops, restaurants, bars, and more to help encourage a vibrant neighborhood experience.

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Interested in learning more or testing out if a private office option is right for you? 

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Each team at a Bamboo location can help you shop what's available and what might work best for your team's need. Test out a space for a trial run or for a first month as you explore private office options in our community.

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