Why Choose Yardi Kube Workspace Solutions For Real Estate Owners?
With the demands of today’s economy, flexibility is the number one goal of the next generation. The shared space industry is poised to continue its expansion. While there is space available, the challenge is creating a productive, stimulating work environment. You’ll want to build out a space that offers top of the line resources and technology but is designed to fit the particular needs of coworking. The solution is Yardi Kube’s premier end-to-end technology platform, which can take your space into the next level of growth and profitability.
State of the Art IT Infrastructure and Coworking Management Addressing Today’s Commercial Real Estate Challenges
- Making More Money Per Square Foot
- Reducing Vacancy
- Becoming Recession-Proof
- Attracting New Tenants
- Sustaining Existing Occupancy Levels
Making More Money Per Square Foot
With traditional commercial real estate leases, the landlord receives a fixed amount per square foot for an extended period of time. Coworking space allows the landlord to capitalize on their real estate with no ceiling.
Yardi Kube enables landlords to offer membership packages similar to a gym, granting the ability to oversell the capacity of their space. Yardi Kube’s meeting room scheduling software allow the landlords to monetize the same space with multiple members and guests. Private offices and dedicated areas within your coworking space can be easily managed using our software and will often return a rate 2 to 3 times higher per square foot over traditional CRE space.
With traditional commercial spaces, the landlord is often faced with a timely and expensive process to fill vacancies.
Through the use of Yardi Kube’s flexible workspace solutions, the landlord is able to easily fill and manage vacancies by breaking their open space into small, rentable offices available on a short-term basis. Yardi Kube allows the landlord to create a flexible office design that helps attract prospects to fill their empty space.
Most residential and commercial landlords are subject to economic changes that result in large vacancies and a drastic impact on their bottom-line.
Yardi Kube’s technology for Coworking space enables the landlord to become their own tenant by turning their traditional space into a shared workspace. Coworking or shared office space can perform well during uncertain times as a result of entry level price points and flexible terms for members.A
Attracting New Tenants
Most landlords and developers are facing the challenge of attracting desirable tenants to fill empty spaces in their commercial and residential buildings.
Yardi Kube’s flexible workspace solutions empower residential buildings, hotels, retail and commercial space to developing Coworking space as an amenity. Using our facility management system helps sell the building by providing an area for your tenants to meet, work, and collaborate.
Sustaining Existing Occupancy Levels
Many landlords and developers are often vulnerable to coworking and flexible workspace operators who may decide to leave or not pay rent.
Yardi Kube provides a landlord or developer with all the tools to start or operate an existing coworking space. Yardi Kube’s software removes the operational barriers to scaling and growing a successful coworking space.