The appeal of outsourced real estate lies in the opportunity for lease-term flexibility coupled with highly appealing workplace environments, and turnkey business solutions such as furniture, coffee and IT.
CBRE Forward brokers regularly develop flexible real estate strategies for our clients, solving for growth, talent and organizational needs in tandem.
Start-up
Flexible working spaces, such as Breather, are the perfect proving ground for innovative start-ups, providing reduced lease commitment and more turnkey amenities than a traditional lease.
Challenge
This disruptive start-up came to the CBRE Forward team in search for their very first office. Their future space needed to solve for three specific challenges; uncertainty on future headcount, short lead time (in a market with 2.4% vacant space!) and business-critical IT requirements.
Solution
CBRE Forward broker David Cairns presented a variety of options to the Augmenta exec team in both shared and private working environments. All options provided flexible lease terms. A perfect office was found with one flaw; it would not be move-in ready for 3 months after their ideal date. To bridge this gap, David secured Augmenta a 3-month lease in a turnkey temporary space until their dream location was ready. The final space continues to operate under flexible lease terms.
Result
- 15% saving
- Business-critical IT requirements met.
- Flexible lease term kept their options open for future growth.
Scale-up
Flexible working providers such as Regus, can provide a temporary solution to headcount and operational needs whether you’re trying to find a new space or entering into a new market.
Challenge
Motoinsight engaged with CBRE Foward team to find a traditional office space with a long-term lease. The challenge was to find a temporary solution for an overflow of sales-staff while in the process of finding their new, more permanent space. The overflow solution needed to be as close to the existing office as possible.
Solution
The CBRE Forward team found Motoinsight a co-working space that was both within budget and a 1-minute walk from their main office location. The broker also negotiated the term to be exactly timed with the end location move.
Result
- Rent saving of 15%
- Minimal disruption during a high growth period.
Read the full case study to find out how the CBRE Forward team can solve for your real estate needs using flexible solutions.
