Tandem - Marketplace for flexible office leasing
Tandem is a marketplace that uses AI to make the office leasing process less tedious.
tl;dr: Tandem is a marketplace that uses AI to make the office leasing process less tedious. Whereas a typical office search takes 3-6 months, Tandem’s platform gets it done in 14 days or less. Since launching in NYC & SF earlier this year, the team has helped >100 companies find off-market space, paying out >$1M in rent through its platform.
Hey everyone, we’re building Tandem: a marketplace to help companies flexibly lease office space.
❌ The Problem
Renting an office is expensive and hard.
Here’s how the traditional process works: hire a broker, tour options for months, hire a lawyer to review a lease, sign for a 1-5 year minimum term, hire another broker to sublease the space when you outgrow it, repeat.
COVID has left US offices half as full as they were in 2019 and resulted in landlords sitting on $500B+ in losses. This means tons of excess space that both landlords and companies are paying for, but because the traditional process is so tedious, they have no way of offering it flexibly - the way tenants these days want it.
🔍 The Solution
Tandem is a new type of office marketplace that uses AI-powered workflows to help companies list, discover, and pay for new office space.
Lower transaction costs mean shorter lease terms — Tandem customers can trade spaces, upsize or downsize, with as little as 30 days notice.
To provide access to unique supply, Tandem helps top companies rent out office space in iconic buildings (e.g., the World Trade Center), almost like a long-term Airbnb for a business.
Hosts can list their excess space on our marketplace, and our platform will coordinate tours with prospective teams, manage legal, and process rent payments. Companies looking for space can browse off-market options, meet interesting Hosts, pay rent through our platform, and maintain flexible month-to-month contracts.
✨ Community fave offices
We have 200+ offices across New York, San Francisco, and Los Angeles, with more than 100 companies actively sharing. Here’s a sample of our community’s favorite spaces, MTV cribs-style:
🗺️ World Trade Center (FiDi, NYC)
🗺️ Spring Street (SoHo, NYC)
🗺️ Bryant Street (Mission Bay, SF)
🙏🏼 Asks
- If your company / a company you know has excess office space, we’d love to help you earn money for that space!
- If you’re looking for an office, let us know, and we’ll help you find a new home!
Thanks for reading!
The Tandem Team
