Reduce your existing commercial real estate spend during COVID-19.

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In the face of uncertainty, you need flexibility.

March 19, 2020 | by Jonathan Wasserstrum

My crystal ball is broken; the only thing I’m certain of today is uncertainty. We understand that in this changing environment flexibility is key. As your trusted office space advisors, SquareFoot can help with all your office space needs in a number of ways:

We can help you right-size your office and real estate spend.

While office buildings have temporarily closed their doors, we are offering advice to clients on potential solutions for cutting real estate spend.

Here are some of the things we have been offering:

  • To review and summarize your current lease.
  • Advice on whether you can sublease or license excess space, considering both market viability and economic perspective. We can do this for either your entire space or just a portion of it – see PivotDesk below. 
  • Guidance on opportunities to renegotiate your lease to reduce costs immediately whether or not your space is up for renewal.

We are extending this free service to any tenant who needs advice on any aspect of their commercial real estate at this time. 

Flexible lease solutions

For some businesses the search for new office space will continue once business operations return to normal. Your lease agreement may be coming to a close, or you may have evolving business needs that set you on track for a new office space. We understand that things are in a state of flux and we have solutions that can help.

FLEX by SquareFoot offers our clients lease term flexibility and office services typically only provided by coworking operators.

If you are just looking for a few desks or want to rent extra desks in your current or new office – Airbnb style – our exclusive offering, PivotDesk has you covered.

Online listings and Virtual tours

At this time the health and wellness of our clients and team is our top priority. As access to office buildings is currently restricted due to the Coronavirus, check out our listings platform. We’ve got tons of commercial real estate listings available. And while we can’t tour you in person, if you see a space you like let us know. Our brokers can work with the landlords to bring you more photographs and videos of any spaces that fit your requirements.

Navigating office space requirements during COVID-19

Like you we’re monitoring the latest news about the coronavirus and are doing our best to support all our clients’ needs.

I understand that this is an uncertain time for everyone. We’re living it ourselves here at SquareFoot. Our team and I standby as your trusted advisors and are around anytime to answer questions and help guide the way. 

Whatever your situation we have the solution. Take care.

Jonathan Wasserstrum

CEO & Founder, SquareFoot

How Can We Help?

SquareFoot is a new kind of commercial real estate company. Our easy-to-use technology and responsive team of real estate professionals delivers the most transparent, flexible experience in the market. Get in touch to start your search today.

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