Competition is tough, especially in a well-established market that has only grown in size. Throw in a high-tech foundation and it becomes extremely difficult to create something so different that a small company can outdistance larger ones.

A startup called The Office Exchange is facing exactly this tall hurdle. In a press release, the company calls itself "a platform allowing decision makers on both sides of the commercial real estate market to host or be a guest in available office spaces."

"The model applies a similar approach to other commodity-sharing applications such as Airbnb, Coop, or Turo, but with the mission of helping businesses and their employees work whenever, wherever, and on their terms, without being constrained to unfavorable long-term rental contracts," it continues.

Continue Reading for Free

Register and gain access to:

  • Breaking commercial real estate news and analysis, on-site and via our newsletters and custom alerts
  • Educational webcasts, white papers, and ebooks from industry thought leaders
  • Critical coverage of the property casualty insurance and financial advisory markets on our other ALM sites, PropertyCasualty360 and ThinkAdvisor
NOT FOR REPRINT

© 2024 ALM Global, LLC, All Rights Reserved. Request academic re-use from www.copyright.com. All other uses, submit a request to [email protected]. For more information visit Asset & Logo Licensing.