336. Real Estate Disruption: Seth Rosenblum on Adapting to Market Needs Through Coworking and Co-Warehousing

Seth Rosenblum is the Managing Director at Hone Coworks & Principal at The Rosenblum Companies. He considers the Rosenblum Companies to be “operators” at heart. Yes, they own the underlying real estate, but their business is to create the solutions that their customers are looking for…which has led them to create their own coworking and co-warehousing brands.

Here’s what we covered in our conversation:

Seth’s team understands the need to diversify real estate assets for sustainability.
Seth’s team believes that traditional long-term office leases need to evolve to cater to immediate space needs.
Landlords face challenges with funding tenant improvements….every 5 years.
Space Readiness: The trend towards providing furnished, serviced office spaces.
Hospitality Focus: The importance of incorporating hospitality into real estate operations.
Accountability Standard': Implementing standardized operations across various business types.
Team Development: Building an efficient team to manage diverse property types.
Operational Evolution: Continuous improvement and operational flexibility are critical.
Leadership Growth: The necessity for leaders to adapt and grow within a changing industry.
Community Engagement: Engaging with the community to successfully adapt to market needs.

Resources Mentioned in this Episode:

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