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The Office (Search) of the Future, Part 4

PALO ALTO, CA—The founder of LiquidSpace tells how the company's model of flexibility and scalability in office rentals moved from plans for a network of new construction to a digital marketplace, in the conclusion to GlobeSt.com's series on Web-based platforms.

By Paul Bubny | paulbubny | Updated on June 15, 2016

Mark Gilbreath of LiquidSpace Gilbreath says the underlying principle of the LiquidSpace platform is that “individuals should be provided a choice.”

PALO ALTO, CA—“As our hourly and daily workspace business has grown globally, it’s become clear that longer-term small-team office space transactions need technology-driven, reimagined solutions,” Mark Gilbreath, founder and CEO of LiquidSpace, said this past October when the company introduced a new program aimed at monthly rentals. For an article reporting the new program’s launch, Gilbreath told GlobeSt.com, “Millions of square feet of small, high quality office spaces sit idle, robbing owners of potential revenue and asset value growth. Now for the first time, there is a simple and cost-effective way to monetize these 500- to 5,000-square-foot spaces, by connecting directly to growing startups and corporate occupiers with satellite teams.”

Founded in 2010 and backed by an investors’ group that ranges from Black Diamond Ventures to Avison Young, LiquidSpace differs from shared office space providers such as WeWork by allowing office owners to list unused space on its platforms. Renting out more traditional space on a short-term basis meets the ultimate goal of eventually making all unused office and conference space available online at any time. In the fourth and final installment of our series on Web-based office space platforms, GlobeSt.com spoke with Gilbreath recently for an overview of Liquid Space’s offerings.

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