Retail Space and Office Space Lexicon & Vocabulary

Retail and Office Space Lexicon/Vocabulary

Office & Retail Space Vocabulary and Lexicon

Understanding real-estate commercial office/retail space terminology is half the battle in finding the best office & retail space for your business! 

Retail & Office Space Lexicon Vocabulary

  • Back Office Space – Systems that do not deal directly with the customer, such as inventory management and accounts payable. Contrast with front office.
  • Corner Office Space – A corner office is an office that is located in the corner of a building. Corner offices are considered desirable because they have windows on two exterior walls, as opposed to a typical office with only one window or none at all
  • Co-Working Office Space – Coworking is a style of work that involves a shared working environment, often an office, and independent activity. Unlike in a typical office environment, those coworking are usually not employed by the same organization.
  • Executive Office Space – An executive suite in its most general definition is a collection of offices or rooms—or suite—used by top managers of a business—or executives.[1] Over the years, this general term has taken on a variety of specific meanings.
  • Front Office Space – The front office is the part of a company that comes in contact with clients, such as the marketing, sales, and service departments.
  • Home Office Space – The small office home office has undergone a transformation since its advent as the internet has enabled anyone working from a home office to compete globally.
  • Mobile Office Space  An office built for temporary purposes, usually, within any variety of moveable, temporary buildings. Also, this type of office can be purely virtual wherein a sales or business-person uses a mobile phone or a laptop computer to create a business environment outside of the physical confines of the office space.
  • Paperless Office Space – A paperless office is a work environment in which the use of paper is eliminated or greatly reduced. This is done by converting documents and other papers into digital form.
  • Shared Office Space – Office sharing is a concept that allows companies who own or manage an office, that have redundant office space to share or rent the workstations or self-contained units to smaller companies looking for flexible workspace.
  • Serviced Office Space – A serviced office is essentially a pay-as-you-use space, and they usually have plenty of benefits that make them a more than worthy investment
  • Small Office Space –  Small office/home office (or single office/home office; SOHO) refers to the category of business that involves from 1 to 10 workers
  • Virtual Office Space – A business location that exists only in cyberspace. A virtual office setup allows business owners and employees to work from any location by using technology such as laptop computers, cell phones and internet access.

Call us today and let us help you find the retail/office space of your dreams to help you get your business growing!