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Calculate Workspace Costs: Office Space Optimization Template

Because of the expectations of hybrid work, many executives and office landlords predict that occupancy rates won't go beyond 60%, leaving many workspaces unused. This template will help you calculate the cost of unused spaces in five major cities.
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One unused meeting room could cost your business $10,800
The cost is calculated by a meeting room size for 6-8 people at 200 square feet multiplied by the average commercial rental cost in Boston at $54 per square foot.
One unused desk space could cost your business $1,944
The cost is calculated by an average cubicle size of 36 square feet multiplied by the average commercial rental cost in Boston at $54 per square foot.
Metrics help you understand and optimize your workspace
The inspace platform helps office space managers gain real-time insights into the efficiency of spaces and create data-informed strategies as the company grows or moves to a hybrid workstyle.