Calculate Workspace Costs: Office Space Optimization Template
Because of the expectations of hybrid work, many executives and office landlords predict that occupancy rates won't go beyond 60%, leaving many workspaces unused. Our template will help you calculate the cost of unused spaces in your office or portfolio in five major cities across the country.
An unused meeting room could cost your business $10,800 mo
Example is calculated based on a typical meeting room size of 200 square feet, multiplied by the average class B commercial rental cost in Boston of $54 per square foot.
One empty desk could cost your business $1,944 mo
Example is calculated based on an average cubicle size of 36 square feet multiplied by the average class B commercial rental cost in Boston of $54 per square foot.
Workplace metrics to understand what your space needs
inspace helps office space managers gain real-time insights and create data-informed strategies as the company grows or moves to a hybrid workstyle.