How has the economy affected your office location?

Several metro Atlanta companies are taking advantage of better real estate deals to move into much nicer — and often brand new — space as landlords scramble to reduce vacancies caused by the weak economy, AJC staffer Rachel Tobin reports.

Has your company moved to take advantage of the slumping economy? What do you think of the new digs?

Or maybe your company has had to move into cheaper and more confined offices as part of a cost-cutting move? What’s that been like?

- Henry Unger, The Biz Beat

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4 comments Add your comment

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New Age

January 31st, 2011
10:44 pm

our company moved out of a nice place in midtown into some dump in buckhead, near a crime zone. Homeless people are everywhere around the building all hours of the day==but, the company saved $3,000 per month in rent which is all they care about.

Iconoclast

January 31st, 2011
11:30 pm

2010 was a year for record profits, but cost-of-living and merit increases must wait, again, until April, if they happen at all. After 12 years in the same location, we just moved this week to a smaller, more compact location – literally across the street. Office manager thumps his chest often about the huge expense in relocating to save $5.00 per square foot, but we’ve downsized so much in terms of space that there’s virtually no room for growth should the economy tick-upwards. Short-sighted non-revenue-generating pencil necks in corporate located in another part of the country have consigned our office for the next 7-years in a manner that will ensure inhibited growth. Who knew a horde of MBAs could be so short-sighted?

Rory

February 2nd, 2011
11:35 am

My compancy chose to move all the way to Athens instead of taking advantage of the cheaper nicer offices in Atlanta. This has put such a strain on my coworkers and I finances. Any advice?