The Challenge:
The company faced a real estate dilemma that demanded immediate action. Their existing space was oversized, inefficient, and misaligned with their operational needs. With the landlord pushing for a rigid lease renewal and limited serviced office options available, they needed a solution that balanced speed, flexibility, and cost efficiency. However, with real estate resources stretched thin, committing to a full buildout was out of the question. The challenge was clear: secure a right-sized office quickly without draining internal bandwidth or capital.
- Inefficient Space
The existing 30K sqft space was far too large for their 40-person team, leading to wasted overhead.
- Unfavorable Lease Terms
The landlord was pushing for a fixed-term renewal, limiting flexibility.
- Limited Market Options
The desired location had few serviced office providers.
- Resource Constraints
With internal teams focused on core business priorities, they lacked the bandwidth to execute a full-scale office buildout.
The Solution:
By leveraging LiquidSpace’s managed office solution, altSpace, this company unlocked a fully customized, flexible workspace with no upfront CapEx and a rapid time-to-market.
Key benefits included:
- Speed to Market
From contract signing to fully operational office in just 75 days—compared to the industry norm of 12-18 months for traditional buildout.
- Zero CapEx
Unlike traditional leases requiring significant upfront investment, all costs—including legal, construction, design, furnishings, maintenance, and utilities—were amortized over time in a single, predictable monthly payment.
- Strategic Location
Secured a 4,047 sqft office in a prime location, enhancing convenience for clients and aligning with business goals.
- Operational Simplicity
LiquidSpace fully managed the project, eliminating the need for internal resources to oversee real estate planning and execution.
- Flexible Lease Structure
The 36-month term provided agility to scale operations as needed.
The Results:
The impact was immediate. With altSpace, they not only secured a right-sized space but also achieved substantial cost savings and operational efficiency. Their move to a flexible, brand-aligned office reinforced their strategic goals while freeing up internal resources to focus on core business priorities.
- More Efficient Use of Space
Downsized from 30K sqft to 4,047 sqft, optimizing footprint and reducing waste.
- Cost-Effective & Predictable
Shifted to a fixed-cost model, eliminating financial risk and unpredictable expenditures.
- Brand-Aligned Office
The new space matched their modern branding, creating a professional and engaging work environment.
- Resource Optimization
Freed internal teams to focus on core business priorities, rather than managing a complex real estate project.