COMMERCIAL FLEX SPACE
Revolutionize Your Real Estate with The Cannon - The Future of Commercial Spaces
COMMERCIAL FLEX SPACE
Revolutionize Your Real Estate with The Cannon: The Future of Commercial Spaces
COMMERCIAL FLEX SPACE
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.
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.
PARTNERSHIP OPTIONS
Fully Managed Workspaces
Let The Cannon help you transform your commercial space into a vibrant coworking community. We’ll guide you through every step — from designing the floorplan and building financial models to securing vendors, furniture, and other pre-opening essentials. Once a launch date is set, Cannon/Co will hire and manage the onsite team, design and execute marketing strategies, and work to fill the space quickly. Our transparent management fee structure ensures both parties share in the upside as the community grows, while our proven operational, financial and reporting systems allows our real estate partners to be as involved — or as hands-off — as they choose.
Member Funds Deposited in Owner Managed Bank Account
Hiring, Training and Employee Management
Transparent and In-Depth Revenue Reporting
2-3x Higher Rent PSF Than Traditional Leases
Ongoing Advising and Coworking Best Practices
Member Access to all Cannon/Co Locations
Asset Now Available to Entirely New Customer Segment
Proven Marketing Strategies
Fully Managed Workspaces
Let The Cannon help you transform your commercial space into a vibrant coworking community. We’ll guide you through every step — from designing the floorplan and building financial models to securing vendors, furniture, and other pre-opening essentials. Once a launch date is set, The Cannon will hire and manage the onsite team, design and execute marketing strategies, and work to fill the space quickly. Our transparent management fee structure ensures both parties share in the upside as the community grows, while our proven operational, financial and reporting systems allows our real estate partners to be as involved — or as hands-off — as they choose.
Member Funds Deposited in Owner Managed Bank Account
Hiring, Training and Employee Management
Transparent and In-Depth Revenue Reporting
2-3x Higher Rent PSF Than Traditional Leases
Ongoing Advising and Coworking Best Practices
Member Access to all Cannon/Co Locations
Asset Now Available to Entirely New Customer Segment
Proven Marketing Strategies
Back Office Only
Let The Cannon help you transform your commercial space into a thriving coworking community with our back office software and management support. We’ll provide you with the tools to design your floorplan, build financial models, and manage vendor relationships, furniture orders, and other pre-opening needs. Once you're ready to launch, The Cannon will support your onsite team with marketing guidance, operational systems, and best practices to help fill the space quickly. Our streamlined management support model offers a more economical rate while ensuring you benefit from our proven structures and transparent reporting while allowing your team to manage the on-site needs of the community.
Member Funds Deposited in Owner Managed Bank Account
Brand and Website Creation and Management
Transparent and In-Depth Revenue Reporting
2-3x Higher Rent PSF Than Traditional Leases
Ongoing Advising and Coworking Best Practices
Member Access to all Cannon/Co Locations
Asset Now Available to Entirely New Customer Segment
Proven Marketing Strategies
Back Office Only
Let The Cannon help you transform your commercial space into a thriving coworking community with our back office software and management support. We’ll provide you with the tools to design your floorplan, build financial models, and manage vendor relationships, furniture orders, and other pre-opening needs. Once you're ready to launch, The Cannon will support your onsite team with marketing guidance, operational systems, and best practices to help fill the space quickly. Our streamlined management support model offers a more economical rate while ensuring you benefit from our proven structures and transparent reporting while allowing your team to manage the on-site needs of the community.
Member Funds Deposited in Owner Managed Bank Account
Brand/Website Creation and Management
Transparent and In-Depth Revenue Reporting
2-3x Higher Rent PSF Than Traditional Leases
Ongoing Advising and Coworking Best Practices
Member Access to all Cannon/Co Locations
Asset Now Available to Entirely New Customer Segment
Proven Marketing Strategies
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
BENEFITS OF PARTNERING WITH THE CANNON
The Activity Effect
The Cannon's 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
The Cannon's 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
In short? Everyone.
From small business owners to enterprise-level executives, novice investors to seasoned financiers, The Cannon’s social networking platform for businesses allows business-savvy individuals to connect and forge professional relationships that work to benefit all parties involved.
1. DESIGN
The Cannon works with you to design your flexible workspace, establish a financial model that fits your commercial objectives, and activate and successfully launch your building’s flex space brand.
2. LAUNCH
We hire, manage, and train the staff, build community programs and partnership activities, and help market and sell the space to existing and new tenants.
3. MANAGE
We operate the workspace and community programs on an ongoing basis on behalf of the building owner, providing ongoing revenue and membership reports to all associated parties. All financial operations are 100% transparent and Cannon/Co's unique revenue sharing model provides upside for both parties.
HOW IT WORKS
1. Design
The Cannon works with you to design your flex workspace, establish a financial model that fits your commercial objectives, and activate and successfully launch your building’s flex space brand.
2. LAUNCH
We hire, manage, and train the staff, build community programs and partnership activities, and help market and sell the space to existing and new tenants.
3. Manage
We operate the workspace and community programs on an ongoing basis on behalf of the building owner, providing ongoing revenue and membership reports to all associated parties. All financial operations are 100% transparent and The Cannon's unique revenue sharing model provides upside for both parties.
ADD FLEXIBLE COWORKING TO YOUR PORTFOLIO
Our workspace offerings are the perfect addition to your commercial real estate portfolio. Connect with us today and learn how The Cannon can diversify your offerings and bring more customers to your spaces.
