In the condominium universe, full of details, it is common to have doubts about the most varied subjects. Among them are the differences between a corporate condominium and a commercial building. Although many think they are the same, there are significant differences between the two types of enterprise.
We made this post with the intention of showing the particularities of each model and which is the most suitable depending on the size and budget of a company. Check it out and learn more about it!
What is a corporate condominium?
Also called just corporate, the corporate condominium is a real estate development that aims to meet the needs of medium and large organizations.
This is because they have enough space to house large teams, in addition to equipment and furniture, as they are larger structures. Among the differentials of a corporate condominium are:
- high standard structure when compared to commercial buildings. Some examples are the high ceilings, the style of elevators, reception, use of technology in different environments and processes, and view from the windows;
- environmental certifications and promotion of sustainability, which generates cost reduction and optimization of business reputation;
- diversity of layouts, enabling the creation of specific sectors and environments;
- flexibility of use, which allows meeting the most diverse demands;
- possibility to occupy floors or the entire building, depending on each need;
- large offices and stores.
Another aspect that differentiates corporate condominium is the privileged location. The reason is that they usually contain larger companies, which need to be strategically located to receive different types of audiences.
When it comes to this type of enterprise, organizations can invest in an existing property, inject capital into works, or enter into partnerships with companies that have similar interests.
Characteristics of a commercial building
The main characteristic that distinguishes a corporate condominium from a commercial building is the fact that there are several companies and professionals who share joint ownership. Another peculiarity is that, in this case, it’s not necessary that the businesses are from similar areas or have some type of partnership.
It is possible to compare a commercial building to a residential condominium, where individuals from different professions and family models share common areas and own private units.
Due to the structure model, which comprises smaller units than in a corporate condominium, in addition to the more accessible standard, these ventures usually serve micro and small companies, in addition to self-employed professionals. We can mention, for example, dentists, lawyers, accountants, and beauticians.
In other words, it’s a public that in most cases doesn’t need large spaces. At the same time, the budget often doesn’t allow for a high standard infrastructure. However, in this case, is not an issue that can make a difference in the results, as professionals receive few or no clients in the work environment.
It’s possible to rent or purchase a commercial property, just as with the corporate condominium. The difference is that, in the case of maintenance, renovations and improvements in the structure, payment is made by the owner of the room or the building itself.
This exempts users from contributing resources. In turn, if it is in the business interest to carry out any type of structural change, it must be requested to the owner and approved by the condominium management.
A trend among business-oriented buildings is the mixed-use model. The concept of these ventures is to combine homes with commercial rooms, stores and various services. Among the advantages are convenience, flexibility and diversity of solutions for the most diverse types of users.
Among the audiences of these ventures are self-employed professionals, small business owners, traders, couples and young people who seek to live close to work. The reason is that buildings are usually located in the central region.
As you can see, there are several differences between a corporate condominium and a commercial building. This involves both the structure offered and the standard of the properties and sizes of the companies they serve.
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