Building Owner Success Stories
Boxer Properties added over 1,200 suites at 96 properties across the US to their LiquidSpace Asset Manager.
Since implementing in early 2016, Boxer Properties has closed over 100 deals through LiquidSpace.
deals have closed since 2016
During the fall of 2015, The Swig Company rolled out two altSpace spec suites in different Bay Area assets. They were aggressive in pursuing a flexible office strategy. This allowed both spaces to be booked month-to-month.
Since December of 2015, The Swig Company had six different companies rent the spaces, averaging about 5.5 months per company with a less than 30 days of downtime between clients.
companies have rented the space
months per company
days of downtime between clients
Washington REIT offered flexible office and attracted growing tennant.
The company initially signed on for a 6 month term, then renewed the license on the existing space for another year and concurrently signed a traditional lease for additional space directly with the building owner.
Flexible Office Agreement
TH Real Estate in San Francisco had a tenant that needed to downsize from their existing lease. The owner allowed the tenant to move to a smaller suite in the same building (on a license agreement) and then listed the first, larger suite on their LiquidSpace Asset Manager.
The downsizing tenant moved out of the space July 1, 2017 and by the first week of August 2017 a new company booked the vacant suite through LiquidSpace.
A new company booked the vacant suite after a month
TH Real Estate in New York City had a small, second generation suite on a floor planned for demolition in a couple years. Instead of letting it sit idle until the expiration date of the larger tenant on the floor, they repainted the space and listed it as-is on their LiquidSpace Asset Manager.
A private investment firm rented the suite for a year. The owner is now able to monetize the space while waiting for the end date on the other large tenant on the floor.
Monetized idle space for a year