Hi Julia, This could be great -- but a few questions: 1) If you own your building, why do you want to move? Do you want to rent it out? 2) If these people are subleasing half, are they planning to grow into the rest of it? Would you be thrown out after you have established an identity in the new space, even if that is 3 or 4 years down the road? 3) Is the location as good as your current space? Location is almost everything! 4) Free isn't free. Moving and new tenant improvement costs are significant. 5) I wouldn't worry about being near them, since you're not in the same space. The other issues above are more critical. As long as the location is good, you can get some signage and can establish an identity.
Barbara On Saturday, March 10, 2018 at 7:43:50 AM UTC-8, Julia Ferguson wrote: > > We were approached by a local company who recently moved into a really > cool old industrial building and signed a lease for more space than they > need. They've offered us a sublease of half the floor (about 4000 sq ft), > which is nicely divided from their space by a wall. On most days they only > have 5-10 people in working, so our 46 (and hopefully growing) members > would significantly outnumber them. Our members would walk through a shared > hallway, then turn left into our space so they would not have to walk > through the other company's workspace to get to ours. The representative we > are talking to says they are open to just about any financial arrangement. > It almost seems too good to be true - almost. We currently own our building > and the entire building is used by our coworking community, so this would > be a big change. We're concerned about a loss of identity from being in > someone else's space. We also not used to having to check with others when > we want to do something to our space. Has anyone done anything like this > and, if so, can you offer some pointers? > > Julia Ferguson > Cowork Frederick > -- You received this message because you are subscribed to the Google Groups "Coworking" group. To unsubscribe from this group and stop receiving emails from it, send an email to [email protected]. For more options, visit https://groups.google.com/d/optout.
