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Meet Shared Spaces – AirBnB Of Commercial And Industrial Space

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Below is our recent interview with Alex Canizales, the Founder and CEO at Shared Spaces:

Q: Could you provide our readers with a brief introduction to your company?

A: Shared Spaces is a new commercial space utilization platform. It is the first solution that monetizes idle warehouse and office spaces at a granular level, and over the short-term.

We have created a web marketplace that allows those with excess warehouse and office spaces to offer up those spaces to those who are looking for similar spaces at small scale and/or over the short term. The businesses who have the extra space make money from spaces that would otherwise stay idle, and those needing the space find it, and use, without having to sign long-term commitments. Everyone wins!

You can think of Shared Spaces as kind of an AirBnB of commercial and industrial space.

Q: Any highlights on your recent announcement?

A: It is estimated that over 20% of leased warehouse space sits empty or idle for extended periods of time. And COVID has turned the USA office space market upside down, with many employers sitting on hundreds of thousands of square feet of empty office space, as their employees work from home. Shared Spaces is the solution to monetizing idle, under-utilized, or wasted commercial spaces. There are billions of dollars in unlocked value in these idle or under-utilized spaces that can be realized. This is the market need that Shared Spaces is looking to revolutionize.

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Q: Can you give us more insights into your offering?

A: With Shared Spaces you can:

  • Make money from empty warehouse and office spaces: You have some empty office or warehouse space (or both). And you know you are paying for that space on a monthly basis via your space lease or mortgage payment. But the empty spaces are not doing anything for you. Shared Spaces provides you with all the tools to list those spaces in their match-making marketplace, so that you can host others in those spaces, and make money.
  • Save money by only utilizing just the right amount of spaces you need: Your business needs some extra space. But you don’t know exactly how much extra space you will need over the next 3-5 years, so you don’t want to commit to a new multi-year space lease. You know what you need right now. Shared Spaces helps you find the right spaces in the geographical areas that you need them. It allows you to book the warehouse space by the pallet space, and office space by the office or cubicle, on a monthly basis. Hooray!
  • List or acquire a virtual address, on demand: If you are a home-based entrepreneur, you need a business address to forward all of your business correspondence to. If you are an already established businsses, with a physical location, you can offer your virtual address to others, and make money from an asset you would otherwise not use. Shared Spaces allows both parties to list, and to secure virtual addresses, on demand.

Q: What can we expect from your company in next 6 months? What are your plans?

A: We are currently focusing on building our user base – getting the word out to the world, so we can increase activity on the Shared Spaces platform. This is our top priority right now, and over the next 6-12 months. But we are also continuing to build additional functionality into our platform. Some of the early user feedback has been from businesses that would like to offer additional warehousing and fulfillment services to their space guests. We are building additional features that will allow space hosts to define additional services, price them as they will, and bill for everything they offer via Shared Spaces. Cool stuff.

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Q: What is the best thing about your company that people might not know about?

A: We are taking a very personalized approach to building our user base, and are willing to go the extra mile (or 10) to help new users list their spaces in a way that they are appealing to potential space guests. We are also listening to initial user feedback, when they tell us about additional system functionality that they would love to see. We are planning on rolling out additional features on our platform in the next 6-12 months, that will enrich the experience for all users.

Above all, we are just nice people to do business with :-)

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