Not just for residents
The concept of a small business owner purchasing a small space for use as an office is not new, but the owners of a business condominium project in West Des Moines see this as a great opportunity. Small business owners will purchase smaller condo spaces to increase the equity of their company while controlling building and maintenance expenses, providing a good balance between buying an office building and leasing.
“This provides a person with an opportunity to own a small space, which is impossible anywhere else,” developer Jan Berg said. “It provides an opportunity that just doesn’t exist out there; smaller office space is difficult to find.”
April 2nd, 2008 in
General
