2 Million Transactions and Counting, LiquidSpace Seeks 100 Million Square Feet of Additional Office Space
SAN FRANCISCO, March 31, 2016 /PRNewswire/ -- LiquidSpace, the largest real-time network for office space, announced today that it has successfully powered more than 2 million space bookings on its platform. The company is now seeking an additional 100 million square feet of office inventory listings to support rapid growth and strengthen its position as the industry's leading network for growing teams in search of office space.
Since its launch in 2011, LiquidSpace has successfully helped individuals and teams from more than 53,000 companies find and book office and meeting space. The company specializes in providing a vast range of workspaces that scale with businesses at every stage of growth and is reporting its own impressive growth today as total booked revenue has increased by at least 30 percent every month over the past six months. LiquidSpace's accelerated growth is being driven by the company's expansion last fall into longer term space transactions. Now for the first time, growing teams can find and book permanent office space with simple, flexible terms ranging from a month to a year or more. In addition, the company's enhanced network support and functionality now extends to the greater real estate community.
"As demand for flexible office space accelerates, our network is well-positioned to serve and connect each member of the broader commercial real estate supply chain, from startups and enterprise teams to Brokers, building owners and architects," said Mark Gilbreath, founder and CEO of LiquidSpace. "In addition to activating 100 million square feet of new listing inventory, we're ramping up supply initiatives to streamline onboarding and meet projected demand over the next year from startups and large enterprises."
Originally developed as a traditional, two-sided marketplace with hourly and daily space availability, LiquidSpace has grown to become the largest commercial real estate network for office space, providing greater flexibility than any other platform. LiquidSpace offers real-time access to on-demand workspaces including meeting rooms, coworking and private office space as well as ongoing office solutions for growing teams - from move in ready office suites for 50 person teams to designated desks for individuals.
"This week our team moved into a new office in San Francisco that we found and rented through LiquidSpace," said Natalia Panowicz, Chief Operating Officer at Codility. "Using LiquidSpace was super fast, simple and gives us the flexibility that we need as a rapidly growing company. What a difference compared to the traditional way of finding an office. A few months ago, when we knew we had outgrown being in a coworking environment, we went through the traditional channels of finding an office or sub-lease and were frustrated to receive an aggressive 50-page lease for three years. With LiquidSpace, we found a great space our team is excited about and decided to commit to 6 months and then month to month after that. This is the perfect solution for us right now."
LiquidSpace recently implemented additional network functionality to personalize the end-to-end booking process and intelligently connect additional members of the commercial real estate ecosystem. Create Collections of your favorite spaces and quickly share with team members or clients. Follow individual workspaces or new properties to be the first to know about availability. Take advantage of customized listing tools for the power to create space listings, communicate directly with growing companies, schedule tours and manage every aspect of a booking - including payment.
LiquidSpace members can browse from over 6,650 workspaces across more than 1,800 cities to find the perfect space, fast. Earn additional monthly revenue by listing your office space and building inventory on LiquidSpace. Or simply connect to the member network and join startups like Dropbox, Etsy and HelpShift as well as large enterprises like AT&T, Whole Foods and Accenture, to be the first to know of new office availability and for exclusive access to insights and expertise from industry professionals, including building owners, venue managers, service providers, designers, real estate developers, brokers and more.
About LiquidSpace
LiquidSpace is the largest, real-time network for office space where startups, growing teams and service providers can connect with real estate owners, operators and private businesses that have space to share. Its platform transforms the entire commercial real estate process by successfully bringing each member of the supply chain together into one cohesive, productive network. LiquidSpace's online tools streamline communication among network members and simplify the discovery and transaction of office space, including an entirely reimagined legal framework that eliminates the cost and complexities of traditional leasing. Office space is now yours with a click. Pay by the month. No lease, no hassle. LiquidSpace is backed by leading investors and partners including Greylock Partners, Floodgate Fund, Shasta Ventures, Roth Capital, GPT Group, Black Diamond Ventures, Lucas Venture Group, Steelcase, CBRE and Avison Young.
SOURCE LiquidSpace
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