Offering coworking in your building is a strategic way to maximize revenue, diversify risk, and stay competitive in today’s evolving real estate market. By activating shared workspaces, landlords can achieve higher income per square foot, reduce reliance on a few long-term tenants, and attract a wide range of modern users. Flexible workspace also unlocks new service-based revenue streams through bookings, mail services, and amenities, while increasing overall asset value through improved NOI. It’s an ideal solution for converting underutilized space into a productive, income-generating asset.
Management Model Built by Owners for Owners
As fellow real estate owners we understand your unique stakeholder needs. We provide hospitality-focused onsite teams, transparent financial reporting, and hands-on senior leadership with years of experience. Landlords are partnering with us to enhance their assets, boost occupancy, win more deals, and achieve greater NOI.
The Need: In 2020, a landlord came to Expansive with a challenge: a Serendipity Labs location in their building was underperforming and had failed to generate meaningful rent. Despite being in a strong submarket, the space wasn’t delivering the returns or activity ownership expected.
Expansive Solution: Expansive stepped in under a partnership model and took over management of the space in a seamless transition. Our team worked to better align with market demand, driving leads, and right-sizing underutilized revenue generating outlets. At the same time, we value-engineered the capital improvements to stay within budget while delivering a modernized, amenity-rich environment.
Results: Expansive successfully transformed the location from a struggling operation into a thriving, 100% occupied flex office hub. Within the first year, the space exceeded both occupancy and rental revenue targets. Our strategy drove strong local demand, stabilized occupancy, and restored confidence in the space.
The Need: Ownership engaged Expansive to revitalize a former Regus. With the goal to deliver a modern, amenity-rich flexible workspace for under $40/sf, achieve break-even in year one, and return all invested capital within two years.
Expansive Solution: Expansive provided end-to-end services—including design, construction, and procurement—to reconfigure and upgrade the space. The project was completed ahead of schedule in just 90 days and under budget, while positioning the product mix to meet rising demand for premium flexible workspace.
Results: The location was NOI positive in its opening month and reached 100% occupancy by month nine. Expansive is now expanding within the building, pre-leasing spec suites on 2–3 year terms at above-market net rents to meet the growing need for larger flexible office footprints.
Turn Your Property Into a Magnet for High-Value Tenants in Your Market
We serve a broad and dynamic client base, ranging from ambitious entrepreneurs and high-growth startups to well-capitalized SMBs and Fortune 1000 companies. Our localized sales and marketing strategy integrates seamlessly into the surrounding business ecosystem, attracting demand across industries. These client segments generate immediate income and create a qualified pipeline for future traditional leasing.
Your single location will become a part of a powerhouse national network of 40+ locations that offer: offices, meeting & event venues, and coworking spaces. Members enjoy seamless building access and can book workspace instantly through our mobile app.
Under utilized space doesn’t have to sit idle. We partner with institutional and private landlords to activate flex space, reposition former coworking centers, and transform underutilized space into high-performing assets.
Our Workspace Management Solutions