ReadySpaces, which provides small-scale, flexible shared warehousing, office space, and logistics for small businesses, is bringing its innovative concept to Central Florida.
The company, which has leased a 94,400-square-foot industrial space in Orlando at 2507 Investors Row, offers small to mid-size industrial and flex space users flexible leasing, range of unit sizes, and a long list of amenities.
Traditional industrial leases typically start at 15,000 square feet. With ReadySpaces, companies like ecommerce and logistics companies can lease space ranging from 200 to 5,000 square feet depending on their needs.
This location will be ReadySpaces’ second in Florida. The Los Angeles-based company currently operates ReadySpaces Doral just west of Miami.
The typical ReadySpaces facility is tailored to entrepreneurs, creatives and risk-takers looking for the space and services they need to turn their dreams into reality. ReadySpaces offers unique, customizable, workspaces that foster collaboration, growth and success, and meet the demands of businesses across a variety of sectors, including:
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â— Construction and home improvement
â— Food and beverage
Lee Morris, SIOR, LEED AP, and Mike Davis of Colliers represented the tenant in the Central Florida transaction. Jared Bonshire of Cushman & Wakefield represented the landlord, Link Logistics.
“ReadySpaces has been interested in expanding into the Central Florida market for years to help serve the area’s vibrant local entrepreneurial and small business community,” said Kevin Petrovic, COO of ReadySpaces. “We’re extremely pleased that Colliers found us the space we need to provide flexible solutions to innovative local businesses.”
ReadySpaces has more than 25 locations across the U.S. and Canada, with three more set to open in 2022. Each ReadySpaces location is designed to act as an incubator for small businesses by supplying storage and industrial workspaces and providing collaborative workspaces and business services for like-minded entrepreneurs.
In addition to offering smaller warehouse, storage, and office spaces, ReadySpaces allows tenants to sign short-term and temporary leases to offer flexibility as their businesses grow. Tenants can also expand their leases, space permitting.
The flexibility provided by ReadySpaces offers startups a unique way to test out a small space in a new market before signing a long-term lease. Office space is also available at most locations, for owners looking for a quiet place to work.
“This is a much-needed service, particularly for small ecommerce firms that need to receive and ship goods locally, as well as small rapidly growing companies,” said Lee Morris, SIOR, Executive Managing Director, Colliers. “The property is a great fit for ReadySpaces, given its central location and functional layout.”
Currently, ReadySpaces is the only company in the Central Florida market offering coworking space to warehouse and storage users. The company works with Colliers nationwide to secure space for its growing business.
ReadySpaces Central Florida is in Orlando Central Park with frontage on Beachline Expressway and close proximity to I-4 and the Florida Turnpike. The company will make minor cosmetic updates to the space before welcoming tenants in April.
Colliers (NASDAQ, TSX: CIGI) is a leading diversified professional services and investment management company. With operations in 67 countries, our more than 15,000 enterprising professionals work collaboratively to provide expert advice to real estate occupiers, owners and investors. For more than 25 years, our experienced leadership with significant insider ownership has delivered compound annual investment returns of almost 20% for shareholders. With annualized revenues of $3.0 billion ($3.3 billion including affiliates) and $40 billion of assets under management, we maximize the potential of property and accelerate the success of our clients and our people. Learn more at corporate.colliers.com, Twitter @Colliers or LinkedIn.