yeah it's definitely harder for startups to commit to long-term buildouts of a new space, but i wonder if there could also be companies that cater to early stage startups by building really amazing campuses for them (kind of like a co-working campus)

Construction_and_Engineering

Why Are Office Buildings So Boring, Dull, & Ugly?

There is also own vs. rent for office expenses. It's clear they own this place, hence lower cost overall.
It's easier for smaller companies to rent a floor vs. buy a land and develop without knowing if a company will even exist next year, so there is that...