Demand for Micro Office Solutions' Flexible Office Space on the Rise
Despite - or perhaps because of - the deep economic crisis that has plagued businesses in New York City and around the world, Micro Office Solutions is experiencing unprecedented levels of demand.
New York City – Micro Office Solutions, NYC’s virtual office / shared office solution, has recently experienced a surge of demand for small to medium-sized office space. There have been large increases in the number of prospective tenants touring the facilities, as well as a higher conversion rate of prospects to new tenants. In the last 30 days alone more than 15 small businesses have moved into Micro Office’s flagship location at 1375 Broadway in midtown Manhattan.
Micro Office Solutions is a turn-key business center that focuses on providing low-cost, managed Office Space to small businesses and individuals on a long-term or temporary basis. They operate facilities in 3 districts of Midtown Manhattan: Chelsea, Flatiron, and Midtown West. Across all of these locations they have approximately 300 tenants.
Given the troubles in the economy, flexibility and affordability are the primary factors driving small businesses to Micro Office’s managed office space. Downsizing companies often need an immediate solution to their office space needs, but cannot afford to commit to a 3-to-5 year lease due to the uncertainty of the times. Micro Office’s monthly and yearly leases allow companies to have room to expand or contract at a moment’s notice.
Solo practitioner professionals also make up a large portion of Micro Office’s clientele. Micro Office has popular virtual office packages and cubicle rentals that allow sole proprietors or self-employed professionals to have a prestigious office address in Midtown Manhattan, and to take advantage of the numerous perks that come with a professional office. These include a full-time receptionist, conference rooms, office services such as fax and scanning, and even free coffee. Unlike some of its competitors, Micro Office includes most services in the rent, rather than add on multiple charges. Billing at the end of the month is thus smooth and predictable.
A further benefit of bringing together multiple businesses under one roof is the creation of networking opportunities. More than a few business relationships have begun through interaction within the Micro Office business center. With tenants that span various industries such as interior design, advertising, IT, consulting, finance, shipping, publishing and recruiting, new business opportunities can develop from casual conversations at the water cooler. Additionally, Micro Office hosts their own networking events aimed to introduce tenants to one another.