Commercial office space is office space in real estate that is zoned for commercial use. Companies rent, lease or even purchase this office space to provide a workplace for their staff and conduct business. Traditional and alternative office space are two types of commercial office space options.
Telsec Business Centre is a type of alternative office space where (in addition to providing traditional and alternative office space) we include business-support services such as reception, breakout rooms, free meeting and boardroom space, office furniture and essential business equipment at a set monthly rate. This can save a business thousands of dollars in start-up and capital expenditures while offering greater flexibility in the space being rented. This provides stability in location for start-ups and other fast growing businesses or changing industries where the amount of space required may fluctuate monthly.
Another example of alternative commercial office space is where businesses share office space in order to save on costs. This type of office space is usually leased from an individual landlord - though it can be owned by one business, and shared with another business. Sometimes, one business will take on the obligations and responsibilities of sharing or subletting workspace to another business.
Alternative office space is widely available at many different price points and rental terms. Often, when a company is looking to share a commercial office space with three or more other companies, it will look for a business centre or an executive suites location that rents Toronto commercial office space to a wide variety of companies. Typically, business centres will provide the infrastructure such as furniture and telephone systems, and most will have office equipment such as photocopiers and fax machines that can be used and paid for on an à la carte basis.
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Traditional office space is the type of office design seen in the movie Office Space. Alternative office space can include workspace in business centres, shared offices (two companies sharing the same office space) and a hybrid of both types which features less "me space" and more "we space" - as well as space to meet the needs of mobile and telecommuting workers. Typically, both types of commercial office space are found throughout Toronto and the GTA
Traditional commercial office space can be found in stand-alone buildings, standard office buildings, skyscrapers, strip malls or even traditional malls like the Toronto Eaton Centre. Tenants of traditional office space commonly include professionals like dentists, real estate agents, medical doctors, charities, non-profit organizations, and accountants - as well as large and small companies and larger agencies specializing in marketing and entertainment. There are, of course, many other types of businesses that normally use commercial Toronto office space or other Toronto commercial office space options. But that list is too long to post on this page.
Telsec Business Centres offers a variety of commercial office space solutions tailored to your budget. You may choose from our shared office space, a semi-private office, a private office or team space for up to 30 people.