Office Space News
New shared office rental website
Published October 31st, 2008 by Mike Sullivan
ABetterOffice.com has found a new website of interest to the office rental community. It is a website — perhaps the first of its kind — that has listings of shared office space. Essentially, there are many companies who wish to sublease unused space, and shareyouroffice.com is providing them a way to market their space. There are other ways, such as local classifieds, craigslist, etc., but nothing that is dedicated solely to shared space.
While subleasing unused space is certainly a niche market, it has garnered much attention recently due to the current market conditions. CB Richard Ellis has reported that this type of activity is putting the squeeze on commercial landlords, only making rate and occupancy challenges that much bigger.
Shareyouroffice.com has primarily been focused on office space in France, but has just launched an English version of their website and has a few US listings, but I would expect this to grow over time.
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Bill Brookshire November 20th, 2008 at 6:46 am
This is brilliant. Niche markets are perfect for a down economy. It’s also a perfect time to get a foothold in the industry. The innovators in the serviced office space are the ones that will thrive. This twist on the theme is worth exploring more. I’m eager to see how much traction this gets stateside in the office rental space.
Update on shared office space websites | aBetterOffice November 21st, 2008 at 10:02 pm
[...] recently discussed a website that offered listings of shared office space called shareyouroffice.com and suggested it may be the first of its kind. Well, it still may have [...]
Elizabeth Sanchez December 4th, 2008 at 7:08 am
In cities like Miami, there is a major glut of office rentals coming online in the next two years. On top of that, we have the open-ended recession. So I can see a place for a niche market like subleasing unused office space. Office rental prices should take a nosedive in Miami and other major cities, the same way condos have.
Shared Office Concept Opens Near Philadelphia | aBetterOffice January 15th, 2009 at 4:01 pm
[...] of the allure of shared offices is the social interaction that comes with going into an office every day. Working in a professional [...]