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The Airbnb of Commercial Real Estate Arrives

LOS ANGELES—Spacegrab is a new online commercial leasing platform that allows tenants to sublease a portion or all of their space, and it launches today.

By Kelsi Maree Borland | kelsimareeborland | Updated on May 03, 2017

David Hay David Hay

LOS ANGELES—Spacegrab is the latest tech company seeking to disrupt the commercial real estate market. Akin to Airbnb, the online platform allows tenants to sublease a portion or all of their space to another user. David Hay, the founder of the company, which launches officially today, says that current leases are inefficient, and sought to create more transparency and efficiency for commercial leases. Currently, the platform is for commercial properties in the Los Angeles area. To find out more about the platform, we sat down with Hay for an exclusive interview.

GlobeSt.com: Tell me about the concept behind Spacegrab?

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