Our Industry

Industry Facts:

Executive Office Suites are the ideal solution for professionals seeking office space, equipment, services and support in a convenient, cost effective package. The numbers speak for themselves:

  • Over 4,000 EOS' in North America
  • 90 million square feet of office space in the U.S.
  • Over $3 billion revenue per year in the U.S.
  • 5 to 7 percent growth annually expected in next five years

 

The Executive Office Suite Industry

The early 1990’s brought rise to the information age as industry began to experience a technology revolution. Traditional commercial office clients expected state of the art technology, communications and amenities with the booming economy. New office solutions were needed to support company expansions and their teams spread out over multiple locations. This movement continued through the decade and has led to a decentralization and shrinkage of the conventional office environments and an expansion of the alternative office solutions. It also led to growth of the Executive Office Suite Industry, today there are over approximately 4,000 executive office suite centers in the United States. Ninety percent of the centers are owned and operated by smaller, independent companies.

Alternative office services through office business centers continue to expand and adapt to the new requirements of its customers by providing necessary variations in space, providing supportive environments, and the most current technologies. Suites may be located in many types of locations including multi-tenant commercial buildings, stand alone buildings, and office condominiums.

Why Establish an Executive Office Suite?

An Executive Office Suite (EOS) offers shared business space and critical services for companies in all types of situations. Whether the company is a small start-up business or an international Fortune 500 company, an EOS will allow you to obtain the most out of your property.

An EOS provide a "one-stop-shop" for office space, equipment, services and support—everything a company may need to run their business in one-flat monthly fee. Allowing their clients can be more productive, profitable and successful. The EOS industry is expected to experience tremendous market growth in the next five years.

The benefits to customers using an EOS are tremendous including:
Cost effectiveness. Convenience. Flexibility. Professionalism. Efficiency.

EOS’ provide a wide variety of services to help clients run their business. Typical EOS services include:

  • Temporary or permanent office space with flexible short-term or month-to-month leases
  • Fully-furnished office space and reception areas
  • Professional receptionist and clerical staff
  • Conference and meeting rooms
  • Computer and telecommunications equipment and technical support services
  • High Speed Internet access
  • Mail handling, courier, packaging, and shipping and receiving services
  • Shared reception and common areas
  • Virtual office packages