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A serviced office broker will commonly help business center owners and facility management companies to rent serviced office space. Companies offering serviced offices are generally able to offer more flexible rental terms, as opposed to a conventional leased office which may require furnishing, equipment, and more restrictive leases.
In 2024, office leasing volume rose to its highest level since 2020, but roughly 60% of active office leases went into effect prior to the pandemic. [5] In Europe, approximately half of the €960 billion of debt backed by European commercial real estate is expected to require refinancing in the next three years, according to PropertyMall, a UK ...
The purpose of an office broker is to provide a single point of contact in which clients can access the entire office space market globally or regionally. An office broker will commonly advertise both office space and serviced office space. To fulfill the goal of finding clients to rent serviced office space, a serviced office broker will often ...
Mark Gilbreath founded LiquidSpace in November 2010. [1] [2] In June 2015, LiquidSpace began listing spaces on month to month terms.[3] [4] In the spring of 2016, LiquidSpace announced plans to reach 100 million square feet of space available in its marketplace.
“Office construction will slow to the lowest level since 2014, raising the prospect of a shortage of available Class-A space later in the year,” the firm said.
For example, if a company leases an office space directly from a landlord, the lessor, and subsequently outgrows the office, then the company can sublease the smaller office space to another company, the subtenant, and enter into a new lease for a larger office space, thereby hedging their real estate exposure.
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