- For REITs/Funds
Central Business District Denver, CODemand 200K sfSupply 163K sfRecommendation High-end Modern FlexSunnyside / Highlands Denver, CODemand 80K sfSupply 63K sfRecommendation Executive SuitesCommerce City Denver, CODemand 1.5K sfSupply 0K sfRecommendation Do not Invest
DenSwap's Flex Intelligence Platform translates our proprietary data and real-world coworking experience into insights and actionable strategies that help our clients realize the full potential of their commercial real estate. Stay up-to-date with client demand and capture the upside of flex space throughout your CRE portfolio, then follow up with the go-to-market strategy to win & retain the right tenants.
- For Building Owners
Are you considering transforming your commercial property into a flexible coworking space? Our feasibility reports can provide you with the insight you need to make a confident investment decision. Our team of experts utilizes market data APIs, proprietary information on coworking spaces, and unique consulting expertise to assess whether a given building is suited for a successful flex/coworking business.
- For Flex Operators
Are you considering opening a new coworking space? DenSwap's Demand Analysis Report is a quick validation tool so you can move forward or back off on potential plans. You give us a zip code, and we'll outline the general demographics of the area as they relate to coworking. You'll get a good estimate of how many potential customers are in your area, how many square feet the region can support, and what type of buildout and business model we'd recommend.
- For Building Owners
Business & Space Overview
This coworking space is located in central Manhattan on the bustling 25 West 39th Street. On more than 16,100 square feet, this is an exciting opportunity to take over an existing coworking space, keep it’s members, it’s furniture, and instantly expand in Manhattan.
In 2019, the space generated over $876,000 in membership revenue and nearly $8,000 in event revenue. The space survived COVID and has a strong foundation of members to build on as the coworking industry roars back. It is looking for a new operator to take the over space with a new lease.
This is a great way to expand into one of the world’s hottest coworking markets without have to buy furniture, build out offices, and hope for the first few customers. If you are an experienced operator then this is an opportunity to instantly grow.
What's a takeover coworking space?
A 'takeover' space is when a new operator signs a new lease with the landlord and inherits the existing assets and members. No debt is transferred over and the new operators instantly launches a new location. This is helpful to the former operator because it allows them to exit their current lease obligations as their future plans and strategy changes.
What's the lease rate?
The new operator will negotiate new lease terms that accurately reflect the current market conditions.
Who is best positioned to takeover the space?
The new operator should have experience operating a shared workspace. The space is beautifully designed and furnished, and it is ready for a financial comeback this summer and fall.
Do I really get all of the furniture for free?
Yes, the space is only a few years old and it was professionally designed. You get all of the art, the desks, and equipment. It's a fully operational coworking space.
What are the next steps?
You should contact the existing operator through the DenSwap message platform to your right. You can ask for further information about the current revenue, new lease terms, and next steps. The DenSwap team is always here to help as well.
Notes from DenSwap:
"NYC is going to come back strong this fall. The space is beautifully designed and in a great neighborhood. For operators that have strong processes, this should be a turnkey space."
