An experiment is typically defined as a procedure carried out under controlled conditions in order to test or establish a hypothesis. In workplace and real estate we can use experiments to create low fidelity (read low cost) prototypes of our new ways of operating to save our companies time and resources.
For example, if you have a portfolio with 200,000 square feet of space and you haven't made any changes to it since the pandemic, just jumping into a full renovation of all of your spaces without any hard data or information could lead to very negative outcomes.
However, if you ran an experiment with 10,000 square feet of your space, you could design, renovate, and get feedback on it quickly. Then you can take the feedback from that space to create the next scale of test.
Building on this you will create a system in which over time you will renovate all of your spaces, and possibly find you actually can consolidate a bit. However, you'll be spending more wisely, and building smarter by running experiments (read tests) first.