Commercial Flex Space
FLEX SPACE SOLUTIONS
Revolutionize Your Real Estate with The Cannon: The Future of Commercial Spaces
Revolutionize Your Real Estate with The Cannon: The Future of Commercial Spaces
THE FUTURE OF REAL ESTATE IS COMMUNITY DRIVEN AND FLEXIBLE
Coworking is rapidly becoming one of the fastest-growing industries, fueled by the pandemic and the rise of hybrid work. Beyond 2023, this trend is set to soar even higher. As of June 2022, there are over 28,000 coworking spaces worldwide, with more than 6,200 in the US alone. By 2026, the global coworking market size is expected to reach $30 billion. By 2030, flexible workspaces are projected to comprise 30% of all corporate commercial real estate, up from roughly 5% today.
The Cannon is Redefining Coworking for the Benefit of our Real Estate Partners
Traditional coworking is about aesthetically pleasing workspaces in convenient locations at reasonable prices and the customers of these venues typically view the space as ‘a nice place to work with some great perks’. In this scenario, the Real Estate Owner is viewed as the landlord.
The Cannon is in the business of building community and a primary need of that community is workspace. When The Cannon establishes a new innovation hub in partnership with a building owner, we are focused on supporting the success and growth of the startups and small businesses that occupy the workspace and, by doing so, create a high retention environment that incubates early-stage businesses into long term building portfolio tenants for our Real Estate Partners.
The Future of Commercial Real Estate is Community-Driven and Flexible
Coworking is rapidly becoming one of the fastest-growing industries, fueled by the pandemic and the rise of hybrid work. Beyond 2023, this trend is set to soar even higher. As of June 2022, there are over 28,000 coworking spaces worldwide, with more than 6,200 in the US alone. By 2026, the global coworking market size is expected to reach $30 billion. By 2030, flexible workspaces are projected to comprise 30% of all corporate commercial real estate, up from roughly 5% today.
The Cannon is Redefining Coworking for the Benefit of our Real Estate Partners
Traditional coworking is about aesthetically pleasing workspaces in convenient locations at reasonable prices and the customers of these venues typically view the space as ‘a nice place to work with some great perks’. In this scenario, the Real Estate Owner is viewed as the landlord.
The Cannon is in the business of building community and a primary need of that community is workspace. When The Cannon establishes a new innovation hub in partnership with a building owner, we are focused on supporting the success and growth of the startups and small businesses that occupy the workspace and, by doing so, create a high retention environment that incubates early-stage businesses into long term building portfolio tenants for our Real Estate Partners.
THE CANNON'S INNOVATIVE SOLUTIONS FOR REAL ESTATE OWNERS
MAXIMIZE SPACE UTILIZATION
Our high-quality, tech-driven, customizable physical workspaces turn underutilized or vacant properties into vibrant, entrepreneurial communities.
DIVERSIFY REVENUE STREAMS
Coworking spaces attract a dynamic mix of startups, freelancers, and small businesses, providing a diversified revenue stream that enhances cash flow and financial stability.
ENHANCE BUILDING APPEAL
Flexible and innovative work environments increase the attractiveness of your properties, making them future-ready and contributing to higher tenant retention and long-term success.
THE CANNON'S INNOVATIVE SOLUTIONS FOR REAL ESTATE OWNERS
Maximize Space Utilization
Our high-quality, tech-driven, customizable physical workspaces turn underutilized or vacant properties into vibrant, entrepreneurial communities.
Diversify Revenue Streams
Coworking spaces attract a dynamic mix of startups, freelancers, and small businesses, providing a diversified revenue stream that enhances cash flow and financial stability.
Enhance Building Appeal
Flexible and innovative work environments increase the attractiveness of your properties, making them future-ready and contributing to higher tenant retention and long-term success.
BENEFITS OF PARTNERING WITH THE CANNON
The Activity Effect
Cannon Communities bring high energy, high activity, and high foot traffic. The addition of our community in a real estate project creates a vibe that can positively impact the activity and energy across the entire property.
Increased Cash Flow
Integrating coworking spaces diversifies your revenue streams. Coworking memberships and services contribute to the financial health of your property.
Access to New Tenants
Coworking spaces attract a diverse range of tenants, including startups, freelancers, and small businesses, expanding your tenant base and creating a dynamic community.
Managed Amenities & Activities
Our coworking operators manage lead funnels by providing curated amenities and activities, ensuring a compelling and differentiated workspace experience that attracts and retains tenants.
Improved Property Value
Incorporating coworking spaces enhances the overall value of your properties and portfolios. The dynamic and innovative nature of coworking environments aligns with modern tenant preferences, increasing the attractiveness of your real estate assets.
THE ACTIVITY EFFECT
Cannon Communities bring high energy, high activity, and high foot traffic. The addition of our community in a real estate project creates a vibe that can positively impact the activity and energy across the entire property.
Increased Cash Flow
Integrating coworking spaces diversifies your revenue streams. Coworking memberships and services contribute to the financial health of your property.
Access to New Tenants
Coworking spaces attract a diverse range of tenants, including startups, freelancers, and small businesses, expanding your tenant base and creating a dynamic community.
Managed amenities & Activities
Our coworking operators manage lead funnels by providing curated amenities and activities, ensuring a compelling and differentiated workspace experience that attracts and retains tenants.
Improved Property Value
Incorporating coworking spaces enhances the overall value of your properties and portfolios. The dynamic and innovative nature of coworking environments aligns with modern tenant preferences, increasing the attractiveness of your real estate assets.
JOIN US IN SHAPING THE FUTURE OF COMMERCIAL REAL ESTATE
Unlock the full potential of your properties by partnering with The Cannon. Together, we can create vibrant, flexible workspaces that drive economic growth and innovation.
Ready to transform your properties? Contact us to learn more about how we can collaborate and make a lasting impact.
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HOW IT WORKS
01 Design
02 Launch
03 Manage
