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Office Leases May Soon Be Done Only Online

LOS ANGELES—Mark Gilbreath, the founder of a new on-demand office-leasing app called LiquidSpace, predicts that all office leasing will move online in the next five years at the ALIS 2015 Summit.

By Kelsi Maree Borland | Updated on January 27, 2015

LOS ANGELES—“I believe that in the next five years, office leasing will only happen online,” Mark Gilbreath, founder and CEO of LiquidSpace, said at the ALIS 2015 conference yesterday. He was on a panel of game changers in the hoteling and travel industry, discussing his new app LiquidSpace, which allows office owners to market unused space and lets on-the-go office users rent it.

“The traditional office leasing model is at odds with the new community,” said Gilbreath, whose LiquidSpace lives by the philosophy that “more people are leaving work to get work done.” LiquidSpace is designed to tap into a marketplace of used space, pairing landlords with temporary tenants, who are willing to pay by hour or day for a workspace. The app offers spaces for everything from private work desks to meeting rooms and intimate settings for interviews, and it recently partnered with Marriott hotels, which will offer—and capitalize—off of the unused business and meeting spaces inside the hotels. Potential temporary tenants can then book the space as they would a hotel room at the Marriott.  

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