TROT directly connects building owners with vacancies to companies looking for flexible office space
NEW YORK, June 22, 2022 /PRNewswire/ — TROT, the commercial real estate marketplace, today announced the launch of its online platform that aims to make flexible workspaces work better for everyone. With TROT’s easy-to-use platform, building owners can list available office space, while “trotters”, those looking for flexible office space, can easily browse a wide selection of locations. , building classes and amenities to find a short-term space that works best for them.
“TROT brings the ease of renting a vacation home or taking a spin on the commercial real estate market. We believe the flexible space opportunity should be simple, transparent and as beneficial for homeowners as it is for businesses. “, said the founder and CEO of TROT, David Menaged. “We’re helping building owners finally participate in the flexible space revolution, connecting them directly to space users and creating new opportunities for both parties. TROT enables businesses to find and book flexible office spaces that meet their ever-changing needs, building a relationship with landlords.Our technology-driven approach provides landlords and businesses with a trusted marketplace that unifies how flexible spaces will be marketed, managed and reserved.”
Menaged founded TROT in 2020 in direct response to the pandemic-related issues facing the commercial real estate industry and seeing the growth opportunity for owners participating in this space. As the nation emerges from the unprecedented period of the past two years, recent workplace shifts and talent-driven hiring practices continue to challenge the idea of the traditional workplace and offices. To navigate this new professional landscape, 73 percent of companies are considering supporting a hybrid working model. With experts predicting that 30 percent of commercial real estate will be rented flexibly by 2030, compared to the current 2%, the flexible market opportunity is significant.
In response to this increased demand, TROT allows building owners to fill vacant spaces and own their entire flexible space offerings. The platform streamlines the process, eliminating previous challenges and showing owners that the direct provision of flexible space can be truly flexible for all parties and an essential tool for positioning parts of their building for the evolving needs of occupants. in the future.
While traditional coworking spaces more often offer a solution through their managed portfolio, TROT acts as an independent marketplace that connects any building owner looking to maximize their commercial real estate with all types of businesses looking for a flexible space. Owners can register for free, list as many or as few spaces as they want, and have full control over pricing.
Likewise, trotters can find an office space that suits their needs by simply searching with the platform’s various filters to see and book the flexible spaces available every three months with simplified licensing agreements. Whether it’s a startup or a global company opening a new hub, the TROT market includes a diverse portfolio to meet the needs of all trotters. Listings include detailed descriptions, photographs, floor plans and virtual tours of spaces, to help find the office that’s right for them. TROT cuts out the middleman, including third-party vendors and management solutions to deliver a fairer deal for businesses and landlords, and allows building owners to communicate directly with businesses through the platform for a transparent and efficient process.
In addition to helping businesses find the right flex space, TROT also offers additional services for businesses booking flex space, including a way to furnish spaces, set up technology such as WiFi and telephones, and to take out civil liability insurance for the premises via their trust. network of partners. Partners will deliver prior to move-in, helping to create a seamless experience for owners and trotters.
TROT is currently available in over 16 locations across New York City and surrounding areas with more ads posted daily and plans to expand geographically in the next 6-12 months.
Founded in 2020 by experienced people New York Real estate broker David Menaged, TROT is a commercial real estate marketplace with a mission to make flexible spaces work better for everyone. The platform helps building owners seize the opportunity to fill vacancies and increase profits – and businesses find and book flexible office space that meets their ever-changing needs. TROT acts as an independent platform that connects any building owner looking to maximize their commercial real estate with all types of businesses looking for flexible spaces. This technology-driven approach unifies the way flexible space is managed and reserved, creating a trusted marketplace for owners and businesses. To learn more about TROT, visit trotflex.com.
Bolt Public Relations
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