© 2024 Real Estate Consultants of Colorado, LLC
Austin, TX
Tech startups often find themselves in a unique position: they have a lot of cash from a recent fundraise but no revenue and therefore no track record to prove to a landlord that they will be able to pay rent once they have spent the funds they just raised. They are growing so quickly that they have run out of office space but no one knows what their office needs will be a year from now and signing a ten year lease could leave them on the hook for a facility that is obsolete, too small, too big or even outlives the company if things don't go as planned.
What is fair securitization for a tech startup's lease? Is coworking the answer? Should the company have one large office or a number of satellite locations around the globe to support a decentralized team? What are the pros and cons of a sublease?
There are many office solutions available to rapidly growing tech companies and a commercial real estate brokerage like REC that exclusively represents buyers and tenants - wherever your need - is positioned well to strategize with you. Let's put a real estate program in place that helps you achieve your business goals instead of getting in the way.
Tech startups often find themselves in a unique position: they have a lot of cash from a recent fundraise but no revenue and therefore no track record to prove to a landlord that they will be able to pay rent once they have spent the funds they just raised. They are growing so quickly that they have run out of office space but no one knows what their office needs will be a year from now and signing a ten year lease could leave them on the hook for a facility that is obsolete, too small, too big or even outlives the company if things don't go as planned.
What is fair securitization for a tech startup's lease? Is coworking the answer? Should the company have one large office or a number of satellite locations around the globe to support a decentralized team? What are the pros and cons of a sublease?
There are many office solutions available to rapidly growing tech companies and a commercial real estate brokerage like REC that exclusively represents buyers and tenants - wherever your need - is positioned well to strategize with you. Let's put a real estate program in place that helps you achieve your business goals instead of getting in the way.
© 2019 Real Estate Consultants of Colorado, LLC