FLEX

Explore Cost Savings of Commercial Flex Space

Would your organization benefit from transitioning to a flex workspace? Find out with RefineRE FLEX. With FLEX, you’ll be able to identify which commercial leases could benefit most from transitioning to flex space and examine details of individual flex space options nearby.
screenshot of the RefineRE FLEX module, used to show optimum commercial real estate lease candidates for flexible working
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Benefits of RefineRE’s FLEX Module

Identify corporate real estate leases that are prime candidates for a flexible working strategy—an increasingly popular strategy as many companies downsize offices and return to work.

  • Leverage a national database of coworking locations to identify cost savings
  • Explore markets and quickly find pricing and availability for coworking spaces
  • Increase your company’s agility and flexibility
  • Easily examine details of flex spaces nearby
  • Tap into the potential to save substantial lease costs

How FLEX Helped a Technology Provider Save 49 Days a Year in Commute Times

WHO WE HELPED
The Real Estate and Workplace teams at a North American technology company.

THE CHALLENGE
The organization has a large flex space footprint and negotiated each deal on a one-off basis in order to test a flex-first workplace. They had no way of analyzing all flex properties in a centralized platform or comparing operators to determine the best option.

THE SOLUTION
With RefineRE FLEX, the Real Estate and Workplace teams are able to compare flexible with traditional office space rates in order to understand cost savings opportunities in different cities across multiple operators.

THE BUSINESS IMPACT
This organization used FLEX to identify and optimize for commute patterns, saving time in commute equivalent to 49 working days per year across their west coast portfolio by utilizing decentralized flex offices and optimizing specific teams and business units for remote work.

Features of RefineRE’s FLEX Module

FLEX Insights pinpoints leases that may fit a transition to flex space based on headcount, size, space utilization, and lease expiration. It then identifies nearby flex options for those leases and compares costs for each.

FLEX Explorer enables you to explore the full U.S. and Canada dataset comparing popular coworking brands and associated average costs by market.

Explore Our Other CRE Solutions

Data Foundations Module

The ability to view and analyze all of your foundational commercial real estate data in one easy-to-navigate dashboard is essential to being able to make defendable short- and long-term decisions about your commercial real estate portfolio.

Portfolio Module

The RefineRE CRE Portfolio Manager software module brings together the standard commercial real estate portfolio data you rely on every day, tracking and analyzing your most critical data points including transactions, portfolio trends, and key dates.

BenchCore Module

With BenchCore CRE benchmark software, you’ll be able to benchmark granular and FM-related commercial real estate stats on a global scale, gain valuable insights, make better strategic decisions, and easily share findings with your organization’s stakeholders.

Markets Module

RefineRE’s Market Intelligence software module helps identify leases that are over or under priced while calculating potential risk and cost savings with commercial real estate market data. Gain visibility into detailed commercial lease comparisons and access general market reporting tools to stay up to date on performance trends across your commercial property portfolio.

ESG Module

Demonstrate leadership in corporate environmental stewardship and fuel sustainable growth for your organization with RefineRE’s ESG breakdown software module. This advanced CRE data module analyzes and benchmarks carbon footprint and emissions data by using the electrical spend by lease from your dataset.

Workplace Module

RefineRE’s Workplace Analytics software module uncovers the key metrics you need to help ensure cost-efficient use of every square foot of your commercial or corporate workspace. Using data such as employee and desk counts, our space utilization software pinpoints both under- and over-utilized space and identifies cost savings by calculating vacant rent across your entire portfolio.

Schedule a consultation with RefineRE

Here's what you can expect:

    ‣ A 15-minute call
    ‣ Identify your biggest challenges
    ‣ Explore automated solutions to optimize your strategy