Hello, is it tenants you’re looking for?

Our Tenant Connect program continues to flourish, and we’re happy to say that 2015 has been an exciting year for the overall growth of the program. Since our last update 11 months ago, OfficeSpace.com has gone nationwide and we’ve more than doubled the number of participating brokers in our Tenant Connect program.

Much of the program’s success can be attributed to the strong year we’ve had as a whole. We’ve seen record traffic numbers and have continued to track growth on all fronts:



Recap: The Program

Tenant Connect is our broker marketing platform which we’ve designed specifically for Tenant Rep Brokers. This platform allows Tenant Rep brokers to connect with prospective tenants who are actively searching for available spaces on OfficeSpace.com. These connections happen via email or phone and are tracked in our system and relayed directly to the broker. As a Tenant Rep, you simply have to qualify and respond to inquiries (something you all do currently).

This platform has truly proved to be beneficial to both the Tenant and the Tenant Reps.

An updated snapshot of what we’ve seen in our program:

– Over 14,000 contacts directly delivered to the broker.
– Over 157% growth in the number of participating partners over the past 10 months.
Tenant rep partners are averaging over a 4x return on their spend.
– Over 75% of our users are tenants searching without representation, and 68% are searching for spaces over 1,000SF.

What Participants Are Saying

We recently turned to one of our Tenant Connect veterans, Scott Driver, to ask how the program has personally impacted him:

Q: How does Tenant Connect compare to other online referral/lead sources?

Scott DriverThere are no other lead resources for Tenant Rep Brokers.

Q: To date, what has been your most memorable tenant contact from OfficeSpace.com

Scott Driver: A contact that resulted in a $15,879.75 commission check for an office lease.

Q: What has been the biggest impact for you as a result of joining Tenant Connect?

Scott DriverAdditional income was $30,000 in 2014 (4 months), and $57,000 2nd quarter of 2015 with many deals in the pipeline. There’s also an additional peace of mind knowing that leads will be received at least weekly if not more often.

Q: Do you have any advice for new members or for those that are interested in joining?

Scott Driver: Contact the leads via email as quickly as possible, followed by a phone call to determine the specifics of the requirement, how “real” it is, and the probability of closing a transaction. Also, show the space as soon as possible.

Q: Anything else you’d like to add?

Scott Driver: Anyone who does not benefit from this lead program isn’t getting up in the morning.

The Next Steps

As we diligently add new listings and drive more traffic, we are continuing to see new opportunities in most of our markets to add more Tenant Rep partners who are hungry to grow their business and understand the value of online marketing.

Contact us below for more information and don’t miss out on reserving a spot to represent yourself as the local tenant expert in your market:


Broker Banter Q&A – Part II (The Denver Chapter)


This week we have the pleasure of sharing another Q&A for our Broker Banter series, featuring Denver Broker Jason Bollhoefner.  Similar to our previous conversation with Portland broker Kristi Ricker, we connected with Jason to get more insight into some key things that tenants should know before touring potential sites, selecting a space, and negotiating a lease.

OfficeSpace: What are some things that tenants typically overlook when looking for new space that they should be paying attention to?

Jason:  Commercial leasing is a complex process, fraught with significant potential risks and liabilities, and should only be handled by a representative that has both the necessary experience and your best interests in place.  I have found tenants tend to overlook the importance of their creditworthiness and the time required to bring a commercial lease transaction to close.  Leasing commercial space is very comparable to getting a loan from a bank.  Tenants should be prepared to share financial statements and to appropriately collateralize the lease transaction.

Commercial real estate transactions, even for a seemingly “simple” deal, may take a considerable amount of time to successfully complete.  Having adequate time to identify, tour, design, price, negotiate terms on, construct or improve, and move into suitable commercial space helps to shift negotiating leverage to the tenant’s benefit.  Start the process 4-8 months before you need to occupy your new space.

OfficeSpace: What are the best practices to selecting the best space?

Jason: The best space is the space which meets unique criteria that vary by industry, property type, the nature of the user’s business and their business plan, and location.  I ensure a successful process by taking the time to understand the intricacies of my clients and their businesses up-front so the real estate supports these needs and requirements.

OfficeSpace: What are the best practices in negotiating my lease?

Jason: The best practices in negotiating a lease are summarized into 4 critical path items as follows:

  1. Start your needs analysis and discussion well before the need is estimated to commence.
  2. Engage an expert commercial real estate broker with proven experience and leverage their knowledge; we are here to help you starting with the needs analysis and continuing from occupancy throughout your lease term.
  3. Always have a solid back-up option at hand, especially in an improving real estate market. Being prepared to walk away is a very powerful aspect of successful negotiation.
  4. Engage a real estate attorney to provide counsel and revise the lease document.

OfficeSpace: What are the hidden costs in a lease?

Jason: Your real estate broker should be well versed and provide assistance in mitigating latent/hidden costs within the lease agreement.  The primary area of hidden costs arise from Operating Expenses or Common Area Maintenance (CAM) charges and maintenance obligations.  Other potential pitfalls include Tenant Restoration requirements, Tenant Alteration processes, landlord administrative markups, and property management fees. My experience  negotiating thousands of lease agreements is invaluable to my clients in these areas.

OfficeSpace: What’s the best way to compare offers?

Jason: The best way to compare offers is on a Net Present Value (NPV) basis and $/RSF basis with a matrix for a side by side comparison.  This analysis should also take into account intangibles such as building image, proximity to employees and clients, ease of ingress/egress, and the true cost of occupancy including any tenant contributions to build-out and relocation costs.

Jason Bollhoefner joined Corum Real Estate Group as a Leasing Agent in January 2001 and was promoted to Senior Leasing Agent in 2007 and to his current position as Assistant Vice President in 2008.

Find office, retail or industrial space by visiting: http://www.officespace.com/Denver-CO

Broker Banter – Questions & Answers (The Portland Chapter)

We’re the first to admit we don’t always have all the answers when it comes to the fine details of leasing and all the questions that come with it. That’s when we turn to our commercial comrades to aid with the broadening of our knowledge base.  This week we’ve gone straight to the source to speak with Portland, OR broker Kristi Ricker.

We connected with Kristi to talk shop, and in fact, where to set up shop.

OfficeSpace: What do you think is the most important question a tenant should be asking, that they never seem to ask when looking for space?

Kristi: Zoning, tenants need to learn more out about zoning. There are so many issues in this area and if you’re not aware of this in the beginning it could hurt your chances of securing your ideal space. It’s something you should ask your broker about as they’ll be able to determine how to move forward in narrowing down your search. It’s just not something that’s on the top of your mind when you’re looking for a space and it definitely should be.

OfficeSpace: What is the best tip in negotiating a lease you think all tenants should consider? 

Kristi: The longer the lease, the better you’re going to be able to negotiate, especially if you are going to need anything done to your space. People are nervous with the idea of securing a 5 year lease, they think “What if something happens?” – but they can always put a clause in allowing them to sublease (A lease of a property by a tenant to a subtenant.).

OfficeSpace: What do tenants focus on, that perhaps they shouldn’t when searching for space?

Kristi: Recently, I’ve had clients who have looked at a space and were concerned the buildings around it were being worked on or unfinished. Unfortunately, this doesn’t always paint a pretty picture of the neighborhood, especially when it’s an up and coming urban area. I recommend looking at the bigger finished picture and inquiring about what’s being developed in the area.

OfficeSpace: What area of town would you recommend to a Start-Up in Portland?

Kristi: The inner Southeast, Northeast and North Portland are very hot right now. They were predominantly industrial areas and now they’ve turned into these very creative pockets with great opportunities for startups, restaurants, retail and more.

OfficeSpace: What are you starting to see more of in Portland?

Kristi: Tons of startups, restaurants, breweries, delis – there’s a great food scene here.

OfficeSpace: And lastly, what makes Portland great?

Kristi: Portland‘s so diverse, we have a little bit of everything for everyone. Everything goes here – that’s what I love about it. I see all these new ideas here and they seem to work. If you have a crazy, fun new idea, there’s a great support network for that here. It just seems out of the ordinary things work here more than other places. Nothing is guaranteed but your chances of making it a go seems to have better odds in Portland.

Kristi has over 15 years of real estate experience in the greater Portland area and has recently started her own company.

Need Office, Retail or Industrial Space in Portland? Visit us here – OfficeSpace.com/Portland

“Good Fortune Comes to San Diego Commercial Real Estate Community…”


San Diego, CA Friday November 9, 2012 – Commercial Real Estate’s latest game changer, OfficeSpace.com, is now officially available in the San Diego market targeting both brokers and tenants.

The company’s unique position to be the next generation, all access platform for office space aims to streamline the commercial real estate process.


Having already garnered attention for their creative introductions in each market,  San Diego is no different with over 600 custom gourmet fortune cookies sent to the majority of brokerages through out the community with varying personalized fortunes.

OfficeSpace.com offers a multitude of services targeted to assisting brokers; landlords and property managers connect to tenants. The broker-and-landlord-to-tenant service is completely free for brokers and landlords to list. It also includes an extensive suite of free, timesaving tools created specifically for today’s market with options to design flyers, create surverys and communicate with tenants. Tenants are offered full complimentary access right at their fingertips with user specific designated search options, map functionality, social media sharing tools while also providing helpful tips on the confusing aspects of leasing.

“We are excited about providing service in San Diego. Tenants now have access to the
information they need to make better decisions about their businesses. We also provide a
robust tool set for brokers in order to compliment their marketing efforts and connect them
to tenants.” – Susie Algard – CEO, OfficeSpace.com
About OfficeSpace.com

OfficeSpace.com’s innovative service will help add great value to the San Diego Commercial Real Estate Market. Other markets include Denver, CO and Portland, OR. To add a listing, find an office or find out more visit OfficeSpace.com

History OfficeSpace.com

Experienced internet entrepreneurs Susie and Alex Algard purchased OfficeSpace.com in late 2010. Frustrated by some of the trial and tribulations of their own experiences trying to find office space for companies they were involved in, they decided it was time to make a change in the commercial real estate space. Susie, CEO of OfficeSpace.com, was previously a senior executive and founding member at WhitePages.com, a top 30 internet property.
OfficeSpace.com also operates one of the leading commercial real estate marketing and analytics services in Seattle, Portland, Denver, Minneapolis, Cincinnati & Columbus.