Co-working and retail real estate are a good match if you have figured out what would be the best combination of work spaces for you. There are a lot of people who are going to be able to have a good relationship with both of these things at the same time, and someone who is trying to make a change to the way that they manage their real estate needs to have a look at how they can finance all these different properties or locations.
1. Getting Better Loans
You need to try out something like https://cloptoncapital.com/ because you can read about all the different loans that you could take for the spaces. You need to have loans that will help you pay off these spaces in a much better way, and you also have to really think about what would work best for you so that you can use them to pay for large spaces that would have both co-working and retail spaces. You also need a plan for the space that would go along with your loan application.
2. How Do They Live Together?
The co-working spaces and retail spaces need to live in different areas. You could have purchased any sort of property that you think is interesting, but there is no way for you to simply mix and match the spaces. You need to have your retail spaces in one part of the building, and you need to have co-working spaces in another part of the building. Someone who wants to have both of these spaces live together should keep them separate, make the co-working space feel like an office while the retail space feels like a mall.
You might need to get a construction loan so that you can renovate the space and get it ready to host all the spaces that you want to own. You have to make sure that you have figured out what you can do to pay for all the renovations. You want the office spaces to feel modern, and you want the retail spaces to feel like they are made for shopping. You also need to create an ambience in the space that allows for people from the office spaces to come down to the retail area.
4. You Have Many Tenants
You will have many different tenants who are taking out spaces in your building. You will have companies asking for co-working space, and you will also have a lot of tenants who come to your office because they need a place to host their store. You can charge based on the type of business, and you will have a steady stream of income between steady retail tenants and mobile office tenants.
You can work out a plan for your building that will provide you with the best possible options for making your space more profitable and more attractive. Pairing retail and office spaces works more often than not.