Targeted Business Staging and Targeted ReDesign are raising the bar in Commercial Real Estate. The new practices provide owners, managers and brokers powerful advantages over the competition.
The goal with staging is usually to lease a vacant space faster. Recent trends point to an acceleration in this process by approximately 90 days. As an example, a 4,000 square foot space sitting on the market empty for months with an asking price of $30 per square foot. If staging succeeds in delivering a new tenant three months quicker than not staging, it is a $30,000 gain less the staging costs.
Extra revenue – New money
There are other potential advantages. Rental provides flexibility to benefit both tenants and landlords. The tenant can chose to lease the space fully appointed to get started before making lengthy commitments. Sometimes holding on to their funds is the biggest priority. Owners can add value by offering rental as a service to help tenants move in quickly and save capital. As the needs of their business change, the furniture can, as well.
Willingness to adapt is necessary to remain competitive in today’s rapidly changing business environment. ReLux Stage provides flexible workplace strategies to keep your business agile and producing at the highest level.