Real Estate and Technology in an Age of...
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Real Estate and Technology in an Age of Revolution www.liquidspace.com | [email protected] | 1.415.555.5555 | 2225 E. Bayshore Rd. Palo Alto, CA 94303
Transcript of Real Estate and Technology in an Age of...
Real Estate and Technology
in an Age of Revolution
www.liquidspace.com | [email protected] | 1.415.555.5555 | 2225 E. Bayshore Rd. Palo Alto, CA 94303
Economic Revolution
New
communication
paradigm
New energy
paradigm
10,000 years of
economic revolution
Stored grain
+
Written language
8,000 BC
Steam engine
+
Printing press
1781
Internal combustion
engine
+
Telephone
1875
Sustainability
+
Social networks
2015
7
my private
chef
my private
driver
my private
castlemy private
workforce
my private
office
Revolution can be messy…
…sudden…
…and transformative
Taxi industry
San Francisco
(pre-Uber)
$140M
Uber revenue
San Francisco
2014
$500M
The state of real estate
Worst of times
• The practice of real estate largely
unchanged in 50 years
• Abundance of space, contributing to >50%
of carbon emissions
• People leaving work to get work done
Best of times• CRE Tech renaissance
– 75+ new ventures launched in the past 5 years
– >$2B invested
• CRE owners are poised to benefit
The “CRE Solution Stack”
Analytics
Visualization
Lease administration
Online rental / Asset
optimization
Operations Mgmt
…
Epic Journey
10s - 100s 1000s
Months Years Decades
1- 50 # of employees # of employees # of employees
Real Estate Real Estate Real Estate
EnterpriseStart Ups
1 # of employees
Hours Real Estate
Idea Business
Epic Journey
10s - 100s
Months Years
1- 50 # of employees # of employees
Real Estate Real Estate
1000s
Decades
# of employees
Real Estate
EnterpriseStart Ups
1 # of employees
Hours Real Estate
Idea Business
Team Size
Office Lease Commitment
Years
$
Team Space
Cost of Excess Space
The traditional real estate model
doesn’t work for growing teams
New Legal Framework
$5,000
VS
Costly
Time Consuming
Traditional Lease LiquidSpace DASH License
Economical
Instant
• Access Exclusive Inventory
• Follow neighborhoods and
properties and be the first
to know of new availability
• Favorite spaces to build a
personal shortlist.
• Connect directly to hosts.
No middlemen
• Yours with a click. No
Lease. No Hassle
A new user experience
Enterprise
Start Ups
Idea
Business
Coffee Shops
Coworking spaces &
Office Business Centers
Direct lease spaces
The traditional real estate channel
doesn’t focus on growing teams
Sublet spaces
Broker
Opportunity
Enterprise
Start Ups
Idea
Business
Coffee Shops
Coworking spaces &
Office Business Centers
Building owners
Comprehensive Channel
Strategy
Broker Partners
Liquidspace
Sublet spaces
Hiding in plain sight
• Remainder spaces
• Encumbered space
• Poorly positioned
space
• Poorly configured
space
5+% vacant
and written off
What If You Could
• Activate your building with high growth teams
• Engage new tenants in weeks not months or years
• Generate above market rent
• Reduce the transaction costs on small deals
• Cultivate long term tenants
5+% vacant
and written off
Turn that 5% into long term relationships and immediate revenue
Activating a building’s full
potential• Direct Vacancy
• Tenant Vacancy
• Serviced Office
Vacancy
(Coworking, OBC)
Activating a portfolio’s
full potential
MASTER LEASE
$5,000
2020 and beyond
50%Office transactions
conducted online
2020 and beyond
Peak office
What lies ahead?
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2020 and beyond
34
Peak office
Asset centric
development
strategies
User centric
development
strategies
The Great Era
of “unBuilding”
Rise of the
industrial real
estate
complex
Gross
Sq Ft
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more happy people
working in fewer buildings
the planet smiles
