Flexible-workspace matchmaker LiquidSpace now provides curated office fit-out kits to its customers, allowing them to tailor office space for their team in 60 days without the usual construction and remodeling hassles.
The program, a modular system developed by LiquidSpace and a team of architects and designers, is now available in major markets across the US, including the San Francisco Bay Area, New York City, Chicago, Los Angeles, Boston, Dallas, Washington D.C., and beyond. LiquidSpace calls the service AltSpace.
"We recognized that growing companies often don't have the time or the capital to commit to expensive fit-outs or long term leases, but still want a cool place to work with the flexibility to move on when they grow," said Mark Gilbreath, founder and CEO of LiquidSpace. "We also realized that landlords and building owners are often in the same boat – with the need to fill empty offices, but without the expense and risk of speculative fit-outs."
"Our corporate clients are increasingly looking for flexibility in their real estate portfolios. The cost efficiencies, term flexibility, rapid time to market and great design that AltSpace offers are an exciting and unique option for us to present," said Dan Harvey, Vice Chairman, CBRE. "LiquidSpace continues to modernize the commercial real estate industry with its technology-driven model."
Companies can choose from three AltSpace designs, crafted by AltSpace design partner BVN Architecture, supporting varied work styles and offering a range of wellness features. Corporate tailored AltSpace solutions are also available, for companies with bespoke requirements in multiple locations.
Each AltSpace kit-of-parts is modular, utilitarian and adaptable, featuring contemporary furnishings from AltSpace furniture partner Allsteel, and AltSpace exclusive custom elements.
"AltSpace has created a new way to provide companies with high performance workplace environments. It lets us support the flexible office needs of our existing large customers and provides us a new channel to introduce Allsteel to fast growing startups," said Brandon Sieben, President, Allsteel.
For building owners and landlords, AltSpace is a hassle-free way to turn empty property into a high performing asset. With configurations available for spaces ranging from 1,000-20,000 square feet, altSpace turns any unoccupied space into a move-in ready workplace with the potential to attract new tenants.
As Mark Rose, Chairman/CEO of Avison Young explains, "AltSpace is a terrific and creative new solution for the CRE industry. Not only does it address the growing demand for flexibility that we see from our occupier clients, it gives our landlord partners the means to generate more revenue from their assets."
Building owners and landlord partners in the LiquidSpace network can become certified altSpace landlords, providing a new option for how to market and utilize their available spaces. Landlords can offer prospective tenants options for curated modern workplace designs with space visualizations to help merchandise their online listings.
The altSpace program's SpecZeroTM TI standard is designed to minimize construction costs, permitting and build time, helping landlords eliminate the waste of traditional costly fit outs.
"Our focus is to leverage innovative technology solutions that increase our visibility and convert our vacancies more effectively", saidChad Cook, Founder of Quadrant Investment Properties. "Working with LiquidSpace and the altSpace program, we landed a world-class technology company as a tenant, faster and with less overhead than a traditional leasing model."
The altSpace program was developed by LiquidSpace in partnership with passionate architects, furniture designers and real estate professionals including BVN Architecture, Allsteel, The Swig Company, Tidal Living, FME Architects, and Izzy+.