Office Space News
Pacific Business Centers Launches On-Demand Office Center in San Jose
Published March 26th, 2009 by Jennifer LeClaire
Pacific Business Centers (PBC) has been rolling out innovative programs in recent months, now the serviced office chain is rolling out a brand new location through which to execute them.
Looking for office space in the San Francisco Bay area?
On Wednesday, PBC announced the launch of a new Office Business Center in Downtown San Jose, California. Although this regional chain may not be driving growth as fast as behemoth The Regus Group, this week’s grand opening marks PBC’s the third successful expansion in the past 12 months. Indeed, the San Jose Center is a key part of PBC’s ongoing expansion strategy in the South Bay market and marks the 14th location overall in Northern California. That’s an impressive footprint in an attractive region of California.
This prime downtown location is near San Pedro Square, directly across from the Superior Court of California. That’s walking distance to the U.S. District Court, Alfred E. Alquist State Building, and McEnery Convention Center. The center features 15,639 square feet of office space which occupies the entire third floor of a two-building project commonly known as the Community Towers, and features 57 private offices, team rooms, conference rooms, and a boardroom that seats 16 people.
More than a Hosted Office
PBC isn’t just opening a new “hosted office,” as the company likes to call them. It’s bringing in its Jumpstart and Workplace-as-a-Service programs to help support the local economy. PBC cites compelling economics and the need for flexibility in highly uncertain times are driving start-ups, professional firms, and corporate users to on-demand, hosted offices – and it’s moving into San Jose to accommodate.
Hosted offices offer their users access to support services on a pay-per-use basis. Those services include conference rooms, IT services, VoIP telephony, administrative support, bookkeeping, online law library, and furnished private offices. Since the office infrastructure is in place, people can set up shop immediately with minimal overhead expenses compared to traditional offices. PBC says its flexible lease options allow companies the freedom to grow or downsize at will.
“It is no surprise that our concept of Workplace-as-a-Service is meeting such an enthusiastic response in the capital of Silicon Valley, the birth place of Software-as-a-Service, but the recession is obviously giving our business an additional boost as lower cost coupled with maximum flexibility is exactly what businesses need in these very challenging times,” says PBC CEO Laurent Dhollande.
Jumpstarting San Jose
PBC’s on-demand offices provide value in any economy, but its Jumpstart program is leading the charge to help entrepreneurs through the recession. This is the type of program that helps raise awareness in a down market and breeds goodwill within the business community. I expect it to pays dividends for PBC for years to come.
The Jumpstart program targets professionals that have recently suffered job loss. The program connects individuals to the workplace with an office environment at which to launch their business, consulting firm, or just a quiet place to focus on finding their next position.
BC says it offers the Jumpstart program at a fraction of the normal cost of its regular on-demand, hosted offices. The company, however, did not offer specific pricing model for the discounted serviced office space. PBC also works with companies’ HR outplacement services to incorporate on-demand offices into the severance packages to help ex-employees transition through difficult times.
“We are excited about bringing our Jumpstart program to the community. The worst thing you can do after a layoff is stay at home where there are disruptions and distractions,” says Keith Warner, PBC Managing Partner. “Our program helps you keep your routine, and provides so many great opportunities to network with successful entrepreneurs.”
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Bill Brookshire April 8th, 2009 at 9:37 am
It amazes me that one after another serviced office space companies is expanding in this market. I know they must have planned this months ago, but the timing is great. I have yet to read about a solid player in the executive office suites industry contracting or showing losses. But the traditional office environments are seeing vacancies rise. Is this a mass exodus to value?