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Real Estate
Reply to "Why do fortune 500 companies Like Northrop Grumman have HQ in non metro accessible location?"
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[quote=Anonymous][quote] A lot have shuttles from metros. And the majority of employees want the ability to drive to work and park for free. That's huge in my opinion. Now that I have to do daycare drop off, I need to drive daily and need to park. I wouldn't take a job without parking. [/quote] If you had your office in a metro accessible location people who want to drive always have the option of parking at the metro station. (Most of the new silver line stations and sub urban metros have massive parking lots). Also, metro travel cost can be pre-taxed and/or company subsidized. But people who dont own cars especially millennials will have no choice. If your HQ tower is located in non-metro accessible location one could argue that it is more expensive because you have to build a massive parking structure to accommodate thousands of cars? which means a larger footprint and more cost. [/quote]
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