• 07 October 2024 2 minuttes

Utilization of surplus and growth space

In a time where sustainability and efficient resource use are in focus, it is becoming increasingly important for companies to carefully consider how they use their premises. Many companies today have surplus or growth space, which holds great potential to become a valuable resource when rented out to other entities that can benefit from it. This approach not only helps reduce costs for the subtenants but also promotes a more sustainable business environment by optimizing the use of existing resources and creating new revenue streams.

 

The decision to sublease surplus or growth space opens the door to multiple opportunities: it reduces costs while also making an important contribution to sustainable development by ensuring that every square meter is utilized in the best possible way. For potential tenants, subleasing represents an attractive solution, as it provides access to prime locations without the long-term commitments often associated with traditional leases. In this way, both the sublessor and the subtenant can create a win-win situation in a world where flexibility is becoming increasingly crucial.

Various Subleasing Opportunities

When it comes to subleasing surplus or growth space, there are several creative solutions that can be tailored to both the size and layout of the space. One increasingly popular option, especially for larger premises, is to establish a shared office space. This creates opportunities for several businesses to share common facilities like meeting rooms and kitchens. For the sublessor, this can be a favorable strategy, as it increases the chance of maximizing income from the space.

However, not all spaces are suitable for shared offices. In cases where the space is smaller, or the layout doesn’t lend itself to such a setup, a more traditional sublease to a single tenant can be a practical solution. Alternatively, if the premises allow, one can also explore the possibility of dividing the space so that it can be rented out to two or more smaller entities.

Should You Use a Commercial Real Estate Broker to Sublease the Space?

In most cases, a commercial real estate broker can add extra value to the subleasing process. A broker understands the market, has a large network, and knows potential tenants—resources that most companies don’t possess. When subleasing space, it’s often about finding the right tenants, and here a broker can play a crucial role. It’s also important to ensure that the agreement made is solid and secure, to avoid problems in the future.

Additionally, a commercial broker can proactively work on your behalf, targeting marketing efforts towards specific tenant groups that are a good fit for your space. Many companies simply do not have the capacity to do this effectively themselves. Do you have a space you are considering subleasing? Don’t hesitate to contact us—we are happy to help you find the right tenant quickly and efficiently.

Want to know more?

Would you like more information on the topic above, or would you like to talk to a partner about office spaces? Get in touch with us or read more about the offices we currently have in the portfolio in the links below.