10/18/2018

Renting out Unused Commercial Space for Coworking

The majority of landlords and companies have to deal with unused commercial space. Many buildings are filled only during the third part of the day. For instance, if your business starts at 3 pm or, on the contrary, your office closes at 6 pm, you are aware of this. The desks stand there anyway, so you are paying for 24/7 leasing.

The new trend on the agile real estate market suggests making extra profit from the unused office space without the extreme efforts. The idea is simple and implies short-term space leasing for the time when you aren’t using your location. So it can be offered as a shared workplace or a coworking location. Those who travel around or are looking for a suitable place to work may find these options suitable. For instance, you have a big meeting room that is never full after 7 pm – offer it as a coworking space for freelance creators or startups.

Filling unused office spaces is essential to increase profit.

You can seriously boost profit by renting out unused commercial spaces. Nowadays the workplace no longer means a mediocre office desk with your company logo on it. It is more of a place where your employee works, and it can be flexible. Additionally, sharing unused office space is environmentally-friendly. We already have these resources so why don’t we use them properly?

Where to Start Renting out Your Space

First of all, define what unused commercial space you have and at what time you can use it for coworking purposes. Make sure that it is suitable, has amenities such as a good Internet connection, printer, coffee machine, a private booth for phone calls and, ideally, a meeting room. It is also recommended to take quality pictures of your place to display it in various ads. Let your future clients see what  awesome space they can rent!

The fastest and easiest way to promote your coworking space is by placing it on the Internet. You can list your space on one of these commonly used services.

There are also other services such as, for instance, LiquidSpace. It was created specifically for sharing workplaces. You can create a simple profile and communicate directly with your potential clients. They also provide the Direct Agreement for Space Hosting. It is quick and straightforward in comparison to the standard lease formats.

Security is another important aspect for you to consider. You don’t want any information leaks. Of course, you want to protect your business and your new clients renting out unused commercial spaces. Try to resort to access control services such as Kisi. Kisi is one of the best keyless access control providers which is cloud-based and doesn’t have complex password requirements.

Use keyless access control such as Kisi to keep your space secure 24/7

So define what you are going to share, make sure it is attractive and useful, secure your space, and upload an ad on the Internet. You can also benefit from other advertising services or do something creative, for instance, film a video guide to show your viewers around the office online.

Remember that it is essential to check with the legal aspects before starting any process. Consult with a professional or read your building's legal requirements and your long-term leasing agreement. Each building and landlord have their own rules so be sure not to break them. That’s all, and now it’s time to put your unused office space to good use!

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3. Benefits of Tagging Others

Social data also describes the interaction between social media users. While comments, likes, and shares are the most obvious forms of interaction on social media, tags are another form of communication between social media users. 

Tagging is one of the most effective tips for coworking on social media. When it comes to promoting your coworking space, tags do an amazing job at increasing your visibility. On Facebook, for instance, your post will have more reaches if you tag others:

Image credit: CENTRL Office

If you often organize events at your coworking space, you can tag the participants. If you have some special offers, tag someone who helps you promote them. Any tag conveys social data, as it transfers information from one user to another. It’s a great way to become more visible online and attract potential clients. 

In Conclusion

Like any other big data, social data has limitations, as not every social media user shares information. Nevertheless, social data is still very effective for marketing purposes, as it can help your coworking space become more recognizable. 

Using the above-mentioned social data techniques together will help you increase visibility, as they will help others find your coworking space more easily. In general, these techniques are aimed at targeting large numbers of people and help them easily navigate the space of social media to find the best coworking spaces. 

Platform

Location

Croissant

International

Included.co

International

Hubble

London

Coworker

International

Instant Offices

International

Pickspace

International

Share Desk

International

Happy Desk

International

DesksNear.me

International

DeskTime

International

Coworking London

London

Desk Pass

International

Copass

International

Coworking Wiki

International

Desk Surfing

International

Near Desk

US

Liquid Space

International

GoCoWo

International

Find Workspaces

US

Sneed

India

Ofixu

International

Meetings Booker

International

Qdesq

India

eWorky

International

Share your office

US

Spacelist

US and Canada

42 Floors

US

Office List

US and Canada

Coffices

International

Breather

US, Canada, Europe

Setting

Berlin

Key to Office

International

Peerspace

US and Europe

Bizly

US

Spacewhiz

India

Beewake

US and Europe

Awfis

India

Allofficecenters

Germany

Splacer

US

Lexc

International

Desk Camping

International

Worksnug

International

Seats 2 Meet

US

Coworking.Coffee

International

Commercial Cafe

US

Preferred Office Network

US

Heydesk

International

Office Freedom

International

Flexas

International

The Yard Coworking

Save your community manager 41 hours each week—learn how The Yard did it with cloud-based access control.

Read the Case Study

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