Instant has acquired OfficeSpace.com a network of 300,000 commercial listings helping tenants to search without the need for a subscription.
The Instant Group has acquired OfficeSpace.com to further expand its global marketplace for flexible workspace.
Searches for flexible workspace and leased space are converging. The demand for flex offices continues to rise with 60 percent of landlords anticipating that 20 percent or more of their portfolios will offer flexible office products by 2030, according to Instant’s 2023 findings.
This acquisition strengthens Instant’s North American market position, as the OfficeSpace.com domain is one of the continent’s largest sites adding over 300,000 commercial listings to Instant’s already robust global platform. OfficeSpace.com allows tenants to search without the need for a subscription, and both property owners and brokers can add unlimited listings to OfficeSpace.com for free by joining the platform.
Tim Rodber, CEO of The Instant Group, said: “OfficeSpace.com is part of our strategy to deepen our offer to meet the needs of our three customers: occupier clients, owner landlords and the operators of flexible space. With search for flexible and traditional workspace converging, this platform adds to our ability to match demand with supply.”