EverSmart Space:

Space utilization monitoring to help make strategic decisions about your ​leasing and operating costs

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“Right-sizing real estate is the single biggest challenge tenant occupiers face.”

 – Simon Redgate, Marketing Communications Director, EMEA, Microshare

Office buildings are less than  40% occupied due to the ever-increasing hybrid work model

The Challenge

Increased leasing costs & decreased physical occupancy

The Solution

Historical utilization data, traffic trends and real time occupancy insight

The Outcomes

Reduce leased space and/or redesign space to better serve occupants

Right-size your space​

Example: 100,000 ft2 office building with yearly overhead of $10 million ($100/ft2)* ​

EverSmart Space data insights: Physical occupancy averages 35-40% daily; company adopting hybrid working model​

Results: Reduce leased space by 40%​

Savings per year: $4 million​

Return on investment: 6-12 months ​

*Example reflects $100/ft2 in overhead cost including rent, cleaning, utilities and taxes​

  • Invest savings in other amenities to retain and attract top talent ​​
  • Make data-driven decisions to right-size your real estate footprint​
  • Reduce utility costs and carbon footprint by calibrating lights, heat, cooling usage
  • Gather insights for ESG compliance​

To learn more about how Microshare’s Smart Building solutions reveal previously hidden insights on the safety, efficiency and sustainability of our clients’ facilities, please complete the form below.