Is there a market for class C, bare bones offices space?

[Scott Schultz]

In today’s economic environment is there a market for “Bare Bones†office space?
Many small new companies have only a single person or just a husband and wife running everything. These entrepreneurs’ already depend on cell phones exclusively. And why not? With a good rate plan there is a definite cost advantage to not paying for a land line at all, neither at home or at the office. Wireless companies even offer wireless cards for computers as a part of the same package deal.
Would new, start-up companies benefit form “Bare Bonesâ€, class “C†office space? Or would they just work from home until they could afford the class “A†executive office?
However, I do have a friend who has a small business. Since he has a couple of part time assistants he can’t really work from home.
With stores like Wal-Mart and Mc Donald’s, pawn shops, flee markets and other bargain stores, doing better than ever because now, even the above average income family needs to cut costs, is the perceived need for high class, executive office space, with all the amenities, also in doubt?
I am working with one office building owner, and I think we are going to go with “Bare Bones†office space for now and see if we can get the building earning some income without the expense of a complete remodel.

H. Scott Schultz
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