What To Do With Commercial Property: Make the Most of Your Empty Space

Owning commercial property is a solid investment… until it sits empty. Maybe you’ve been staring at an unused floor or a whole building that’s been sitting vacant. If that sounds familiar, you’re not alone.

But here’s the good news: you can turn that empty space into something vibrant and valuable. Coworking and shared office spaces are more popular than ever, offering a smart, profitable way to breathe life back into your property. With over 20 years in the coworking space, Flex Workspace Solutions (FWS) knows what it takes to make these transformations successful. Our founder, Mark Burge, has seen it all—he knows exactly what sells and what doesn’t in flex spaces. Let’s take a look at how coworking could work for your property.

Why Consider Coworking? The Office World Has Changed.

You might be wondering, “Why should I turn my empty space into a coworking space?” Here’s the scoop: the way people work has changed. Many businesses, freelancers, and even larger companies are moving away from long-term leases and looking for flexible, shared spaces instead.

Transforming an empty space into a coworking environment can:

• Generate reliable income by attracting a range of tenants.
• Increase your property’s value and make it more appealing.
• Fit spaces of all sizes, from a single floor to an entire building.

Plus, creating a coworking space within your building can add tremendous value as a building amenity. Other tenants in the building can use the coworking facilities like meeting rooms, day offices, event spaces, community kitchens, and networking opportunities—all without leaving the building. This makes your property even more appealing to potential tenants and turns it into a dynamic, community-centered hub.

How Flex Workspace Solutions Can Help You

If you’re wondering where to start with a transformation like this, that’s where we come in. At FWS, we handle everything from start to finish—think of us as your behind-the-scenes team, making the entire process simple and hassle-free.

Here’s how we help you transform your space:

1. Custom Design and Build-Out
   We know that a one-size-fits-all approach doesn’t work. We look at your building’s unique features and create a space that people want to work in. From open seating and private offices to stylish meeting rooms, we design every detail to make the space welcoming and useful. Our designs often include community kitchens and networking areas to make it a true hub for work and connection.

   

2. Comprehensive Management, Sales, and Support
   Running a coworking space takes a lot of work, so we cover everything—from full management and tenant support to dedicated sales efforts and regular consulting. We even offer health checks to make sure the space runs smoothly and stays attractive to tenants. Our team keeps amenities in top shape, ensures meeting rooms are ready, and builds a welcoming community, so you don’t have to worry about a thing.
3. Flexible Lease Options
   Our lease options are designed to give you steady income and high occupancy. We set up flexible agreements to keep your space filled with tenants, making sure your property brings in reliable income instead of sitting empty.

Expansive Management Across the U.S.

At Flex Workspace Solutions, we currently manage 13 coworking locations across the United States, from a 10-floor coworking space in the heart of Downtown Denver to a one-floor boutique space in Ann Arbor, Michigan. Our team’s expertise allows us to adapt to each location’s unique needs, handling everything from operations to tenant support, marketing, and sales to ensure each space thrives.

One of the unique advantages we offer landlords is flexible branding options. For those looking for a ready-made solution, we provide our Strive Workspaces brand—an established coworking brand that allows for a smooth, seamless transition and comes with built-in credibility. By adopting the Strive brand, landlords benefit from a recognized identity that resonates with professionals and businesses alike.

Alternatively, for property owners who want to build their own brand from the ground up, we offer comprehensive support in creating a unique brand that aligns with their vision. From branding strategy and design to marketing, our team can help craft a standout identity tailored specifically to their space and market. This flexibility ensures that landlords can either plug into a trusted brand or launch something entirely new, backed by the experience and reach of Flex Workspace Solutions.

Why Partner with Flex Workspace Solutions?

Here’s how turning your property into a coworking space can be a game-changer:

• Boost Property Value: Coworking spaces can increase the appeal and market value of your building.
• Reliable Revenue: With our lease model, you get consistent income with high occupancy rates, so you’re not constantly hunting for tenants.
• Create a Community Hub: A coworking space turns your building into a lively community space, attracting everyone from freelancers to small businesses looking for a professional network.

With over two decades in this industry, we’ve learned what works and what doesn’t. Mark Burge, our founder, knows the coworking space inside and out, so you can trust that every decision we make is backed by experience and expertise.

Ready to Make the Most of Your Property?

Turning an empty office floor (or even an entire building) into a coworking space doesn’t have to be complicated—especially with Flex Workspace Solutions by your side. We handle everything, from design and build-out to daily management, to create a space that works for you and your tenants.

If you’re ready to make your property work for you, reach out to us at FWS. Let’s talk about how we can turn your empty space into a valuable asset that meets today’s flexible work needs.