Original story from Kansas City Business Journal.

The days of huge, opulent corporate offices are giving way to a time of smaller spaces and cheaper rents, Reuters reports.

Companies looking to cut real estate costs have fed a movement to smaller spaces and more efficient use of that space. The average office space per person has gone from about 250 square feet to 150 square feet since 2008, according to a researcher for Jones Lang LaSalle Inc.

Common office layouts now stress open spaces that both accommodate more employees and encourage collaboration.