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 was contracted to oversee the subleasing and stabilization efforts for GSVlabs in Redwood City, CA.
The Challenges
1
The effort to adequately lease the space was quite important to GSVs mission
2
Their landlord, Stanford University, needed to assume the 85,000 square foot asset
3
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
1
GSVLabs succeeded in stabilizing their 85,000 square foot facility
2
More than enough subleases was established, to prove their concept
3
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.
