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Unique Commercial Leasing Solutions Inc. Responds to Real Estate Changes as Pandemic Continues
CEO of Unique Commercial Leasing Solutions comments on the new challenges commercial tenants are currently facing due to the 2020 pandemic.
By: Unique Commercial Leasing Solutions Inc.
According to statistics, at the end of the first quarter of 2020, the total area of office spaces available for subletting in Downtown Vancouver was approximately 130 thousand square feet. This has now grown to more than 260 thousand square feet. Since the launch of Unique Commercial Leasing Solutions Inc.'s app development in 2020, the company has witnessed many business closures. During the past six months, not only small businesses but also those companies that used to be industry giants have been affected. Another tendency in commercial real estate, that cannot be ignored, is the lack of co-working spaces. Those still standing are now facing major restrictions imposed by social distancing and other COVID limitations.
"We can't deny the possibility of a 2nd wave of the pandemic that could further negatively affect the industry. We think that our business is well-positioned in these changing times since it allows commercial tenants to collaborate among each other, landlords and commercial real estate agents, - said Ken Obinna, Unique Commercial Leasing Solutions' CEO, - "It is also a good opportunity for start-ups and small-to-medium size businesses to find affordable short-term commercial spaces. We are encouraging landlords and commercial tenants to work together, and we do hope that our digital platform will help many businesses to remain afloat!"
About UNIQUE COMMERCIAL LEASING SOLUTIONS INC.: Unique Commercial Leasing Solutions is a fully-automated digital online platform for out-of-Canada and in-Canada business tenants to lease or rent commercial spaces anywhere in most urban centers of the country, and potentially – in the world. (https://uclsdigital.com/