With record-high vacancies, these commercial space owners are getting creative to save their buildings and businesses
Building owners from coast to coast are repurposing their spaces to lure tenants back to the office.
When Vishaal Bhuyan, cofounder and CEO of Aanika Biosciences, started the company in 2018, there was one employee located in 400 square feet of space in Industry City, a hybrid workspace located in Brooklyn, New York. Although the pandemic ushered in a new era of remote work and millions of people are still working from home, Aanika Biosciences is bucking the trend. The company now rents 27,087 square feet on the entire third floor, paying $35 per square foot.
Read Full Story