I recently worked a gig where the company was a medium sized international business with I think a few thousand employees but did not yet have a local office. They found a place with old, "conventional" offices with real walls and doors. The place had more than enough space for all of the current local employees with room to grow for several years through the lease. They decided instead of letting people have offices they'd spend a ton of money on construction to knock out all of those walls and put in an open cube farm. The level of WTF from the employees was palpable.