Successful business is always about connecting the right people at the right time, and with that in mind OfficeSpace.com aims to connect real estate spaces in office, retail and industry with tenants. The service is free to use, meaning tenants and brokers can post listings and search the database as often as they wish.
OfficeSpace says over 200,000 tenants visit its website every month, with users making thousands of inquiries to brokers. In 2016, site visitors viewed more than 40 million listings on the site.
For commercial real estate brokers, OfficeSpace allows them to boost their marketing power. It’s dead easy to post a listing onto the site, which offers unlimited photo and floor plan uploads, management tools, data export, and the ability to list contact information. The site also offers “featured listings” for a price to maximize exposure and gain additional leads.
The site also offers a Tenant Connect program that’s designed for representatives. The idea is to help active tenants in their search in specific markets by positioning clients as a local expert. Tenants can call or email while they search, enabling brokers to spend less time sourcing clients and more time on building relationships. OfficeSpace reckons that Tenant Connect users see an average return on investment four times that of regular clients.
The site is easy to use too, with tenants simply entering their criteria for an office, retail or industrial space. Users can save properties they’re interested in, and contact brokers directly through the site. Third party data shows that most OfficeSpace tenants are business types in the legal, financial, professional services and retail sectors, who hold senior level titles or positions within their company’s operations departments.
OfficeSpace.com currently boasts more than 1.3 million listings nationwide.