Empty space is costing more than you think
Record-high vacancies mean less cash flow and more uncertainty for your assets
Traditional leasing takes too long—months of negotiations, broker fees, and rigid commitments lock-in unfavorable terms for both the consumer and the owner
Tax write-offs for vacant spaces don’t solve the problem—they just mask it
You get 80% of the revenue captured on this otherwise vacant space. That's all margin considering sunk costs.
Why this matters
CRE vacancies are at all time highs. There's more uncertainty with the future of CRE asset classes. Coworking startups are popping up like crazy. We're entering a more and more competitive space. It's about time CRE is due for innovation.
Cashflow while still writing off vacancy
Retain the value of your asset by not slashing prices
When you get a higher paying long-term tenant, we "bump" our member in 5 days
Tap into the growing demand of flexible workspace, without the downside of operating flexible workspace