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Commercial Office Space Trends With the mobile aspect of today's office technology and the use of smart phones, laptops, and internet enabling individuals to work from just about anywhere, the traditional office setting has become antiquated in some industries. As a result, traditional office spaces with fully -furnished corporate offices, executive suites and business centers have become increasingly less popular in recent years. With on - demand offices around the country and growing, many businesses are able to perform executive level tasks without ever stepping foot in a dedicated office. Some office space providers, such as the company Davinci, offer meeting space rental by the day as low as $20 per person or $5 per hour for co -working space at multiple locations across the country. In the greater Los Angeles and Orange County areas, there are 15 examples of such businesses that offer a wide -range of informal office arrangements as shown in the following Table. 1. Examples of Commercial Wide Range of Office Greater Los Angeles We Works Locations Arrangements and Orange 9. Offering a in the County Area Klever Do 2. Re us 10. EI Cam 3. Impact Hub 11. Industrious 4. Liquid Space 12. Tech Space 5. Epenpheny Space 13. Seredipity Labs 6. CTRL Collective 14. Biz Haus 7. Muse Room 15. Union Cowork 8. Blank Spaces Many of these businesses are designed for professionals on the go, or start-up companies that can't afford a long-term lease r� option. Services usually include a formal business address to receive packages; a dedicated phone number with a shared j receptionist that will answer calls under the � --- renter's company name; an administrative assistant; conference rooms with state of the art technology; personal phone booths to take cellular calls throughout the day; and a shared work / copy room. These office space designs are available for different types of industries, as well as client types. For example, a youthful startup tech company may be more enticed by a conference room with bean bag chairs than a traditional table and stuffed chairs. According to the Dallas Morning News, in the last decade, many businesses have shifted from individual office spaces to open work spaces to improve collaboration among the workers. The end result is a reduction in the high cost of construction for corporate office space. As an example, JP Morgan Chase's and Liberty Mutual Insurance in Plano, Texas do not have assigned offices or desks, and their staff keep personal items in an assigned locker or cabinet when they leave for the day. This new modern workspace is a transition from the traditional layouts to a mix of open workspaces and enclosed rooms for meetings and when 87 65A-94