These days it’s not easy to find a decent office space with adaptable terms. But a startup called LiquidSpace recently arrived on the scene to solve this problem, and now it’s taking things further with a new solution called altSpace that lets companies outfit an office space quickly and flexibly, to meet companies’ needs.
AltSpace is a service that seeks to reinvent how office spaces are designed, set-up and occupied. The service works like this – tenants with a team of 10 to 200 employees begin by choosing an altSpace-certified curated location. Then, they choose one of three adaptable altSpace designs and book the package. AltSpace then delivers the office furniture and assembles it, meaning teams can move into their new work location within just a few days.
With the new collaboration, terms run month-to-month using LiquidSpace’s no lease, no hassle platform. The companies have already piloted the program in San Francisco, and are now rolling out the service in Boston, Chicago, Dallas, New York City and Washington D.C.
"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, in a statement. “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. After proving out the model with both startup and large enterprise customers and with multiple landlord partners, we are excited today to expand the altSpace program into major markets across the country."
LiquidSpace teamed up with the architectural firm BVN Architecture to create a variety of work space designs. Meanwhile, furniture company Allsteel provides the contemporary furnishings that are both adaptive and utilitarian.
The process of designing an office space is simple, as altSpace’s prefabricated designs are made with modern office priorities in mind. The company’s tailored configurations can be scaled to fit spaces ranging from just 1,000 square meters right up to 20,000 square meters, and can be scaled further as the office grows. Whereas traditional office build space outs are expensive and time consuming, altSpace offers what it calls a SpecZero standard that minimizes construction costs, environmental waste, permit and build out time, helping companies start working in spaces within sixty days.
"Our focus is to leverage innovative technology solutions that increase our visibility and convert our vacancies more effectively", said Chad 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."
LiquidSpace simplifies the workplace leasing process. The real-time network connects real estate owners with vacancies to interested start-ups, growing teams, and service providers seeking flexible arrangements.