Crelow Creates Special Marketplace for Small Office Leases

MINNEAPOLIS - Oct. 3, 2016 - PRLog -- Crelow.com, a website that empowers tenants and their reps to control their search for the perfect office space, has added a new service specifically for lease deals of less than 1,000 square feet. On the new Crelow Deal Board™, these smaller space requirements now have their own marketplace called "GO! Deals" to attract more attention and increase their exposure to commercial real estate professionals.

"Large lease deals get all the headlines but the fact remains that the majority of office tenants are looking for smaller spaces," says Crelow CEO Jim Simpson. "These smaller businesses are underserved by the industry and struggle to find the perfect office space," adds Simpson. "That's because it's a pain point for brokers, too. Tenant and landlord reps would both love to do deals with these smaller clients but there's never been an efficient way to bring both sides together in one place and make money on them."

Tenants or their reps seeking office space can use Crelow's proprietary Bid Requester™ to describe exactly what they are looking for. Bid Requests include the geographic area the tenant desires and list key criteria such as the style of building preferred, their price range, amount of space needed and specific amenities desired. These Bid Requests are then posted on Crelow's Deal Board for free where all landlord reps in the market can be notified of them. Those who have space available submit Bids in return, also for free. To more effectively serve small office tenants, Crelow now makes all Bid Requests for less than 1,000 square feet accessible with the click of a single "GO! Deals" button.

The Crelow Deal Board is a significant source of these small office lease deals. There are already 392 GO! Deals on the Deal Board in Crelow's six markets representing nearly $6.5 million of potential lease value. Bid Requests for more than 1,000 square feet are still being posted as well. "Even with the GO! Deals' popularity, we continue to attract tenants and tenant reps seeking larger office spaces and always will. There are deals for up to 50,000 square feet on our site right now," notes Simpson. "We've simply addressed a huge unmet need in the market by creating an easy-to-use environment just for smaller office requirements."

In addition to Minneapolis/St. Paul, Crelow is open for business in Denver, Houston, Phoenix, San Francisco and Seattle. Simpson reveals that more markets, and new product innovations, are coming soon. "We look forward to bringing these and other technologies to the commercial real estate industry nationwide."