The Challenge
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Hiya was going through rapid growth and with a second round of funding just months away, could not commit to office space longer than 12-18 months
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Hiya was required to leave their current space within three months.
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Their employee count was 60+ making WeWork a less desirable consideration.
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Zero solid options on market.
Strategy
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Target all off market ideas – See if we could find another company that would leave their space and allow us to take it over.
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Called every company in Seattle in their desired square footage and expiration asking if there was interest.
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Work network and ask brokers if their clients would consider “out of the box” ideas.
Results
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Identified a space where the current tenant had recently been acquired and was looking to move.
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Toured and negotiated before the space became available to the rest of the market.
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Negotiated a sublease, consent and moved within 30 days – almost an impossible task which required 5 hours of phone calls on a Saturday morning from vacation…. Worth it!