Back To Daily Digest

Coworking Tenants Key To Fulfilling Long Term Leases

A shift in building occupation is happening — more businesses want shorter leases that range between two to three years rather than 10 to 15 years. Now, landlords are left to figure out how to design spaces and model them to meet these demands.

Sarajane “SJ” Goodfellow, Unico Properties Associate Regional Director, said that landlords may have a few options in approaching this shift.

First, if a company has big growth plans, the landlord may be able to upgrade the tenant into a larger space within the building.

The Latest News
Delivered To Your Inbox

Another option is to reach out to coworking operators such as WeWork who can sign long term building leases, and deal with the businesses that want shorter term leases.

Additionally, tenants are now seeking more technology-driven amenities rather than beer taps and foosball, so implementing fast Wi-Fi and cellphone service will be key in setting a building apart. The location of a building that will allow employees maintain a healthy work-life balance can also be beneficial to future tenants.

ABOUT Aayat Ali
Aayat Ali

Aayat is an editor for the Daily Digest based out of Kentucky. She has worked with local coworking spaces since August of 2017 and enjoys taking her firsthand knowledge to write about the fascinating, constantly evolving world of flexible workspaces. Feel free to reach out to her at [email protected] View all posts by Aayat Ali

Latest on Daily Digest

Venture X To Open A New Location In Downtown Detroit

Google Backs Out Of Toronto Deal With WeWork

Should You Take A Workcation?

China Coworking Company To Receive UN Award

London Is The Top Destination For Gen Z Workers

Should WeWork Be Left For Dead?

The Executive Centre Continues Its Expansion In China



  • Facebook
  • Twitter
  • LinkedIn
  • RSS
  • instagram
  • pinterest



Stay On Top Of Your Game!

Subscribe To The Largest Publication On The Future Of Work And Receive Our TOP 10 News Stories Every Friday, Among Other Cool Stuff. 100% FREE

leaving so s0on?

Get A Free Subscription To Our Weekly Premium Publication

If It’s Affecting The Future Of Work, You’ll Know About It.