GSV Labs

Redwood City, CA 85,000 sqft www.gsvlabs.com

GSV Labs is an innovation hub for startups and any organization looking to scale up.

Overview

GSV Labs is an innovation hub for startups and any organization looking to scale up. Their Silicon Valley headquarters houses more than 200 startups and corporations who look to GSV for coaching, connections, and to facilitate venture capitalization.

IPG Services Provided

Brokerage Services
Sublease Program

The Assignment

IPG was contracted to oversee the subleasing and stabilization efforts for GSVlabs in Redwood City, CA.

The Challenges

The effort to adequately lease the space was quite important to GSVs mission

Their landlord, Stanford University, needed to assume the 85,000 square foot asset

GSV needed to prove to their new landlords that they were a solid business

The effort to adequately lease the space was quite important to GSVs mission, as their landlord, Stanford University, needed to assume the 85,000 square foot asset. GSV needed to prove to their new landlords that they were a solid business with a strong membership and a bright future.

The Success

GSVLabs succeeded in stabilizing their 85,000 square foot facility

More than enough subleases was established, to prove their concept

Successful transition into the newly constructed 65,000 square foot building

Leveraging IPG’s extensive experience in innovation centers and startup accelerators, GSVLabs succeeded in stabilizing their 85,000 square foot facility with more than enough subleases to prove their concept.

We facilitated a successful transition into the newly constructed 65,000 square foot building, and continue to provide ongoing advisory services, strengthening the already close relationship between GSV and IPG.