Interest in a Real Estate Incubator in Los Angeles?

[Allan Glass]

Hi Everyone, 

I run an investment brokerage and development firm in Los Angeles and have lately been focusing on a few projects I have in LA county that would target entrepreneurial start ups in various commercial manufacturing sectors.  They would be "incubators" for small/start up companies in similar industries.  

The idea is to take the We Work shared office idea and modify it to specifically target companies working in the same arena.

I'm seeking feedback from real estate entrepreneurs in LA and Orange County so see if there would be any interest in this type of space for real estate professionals?  

An example I can offer directed towards marketing firms is in El Segundo called: El Camp

The idea would be to collect like minded entrepreneurs working as real estate agents, investors, developers, contractors, title reps, lenders, equity investors, wholesalers, appraisers, you get the picture...

I look forward to any and all feedback!

Cheers

A

[Josh Gorokhovsky]

@Scott F. I understand where you're coming from because I am quite bipolar when it comes to my work environment myself. Most of the time, I like my privacy and a quiet space to compose my thoughts, but there are times where it's time to socialize and interact with my colleagues. Unfortunately, if I'm someone who cant afford my own office space (who these workspace environments mainly target) or I'm looking to keep my fixed costs low, then I can't have the luxury of being picky.

@Allan Glass, as someone who recently came out of the USC entrepreneurship scene, and now working in real estate, I have an interesting perspective: 

I have visited, toured, and worked in several USC incubator spaces as well as some SF and LA based shared workspaces like CrossCampus and StartEngine. These spaces work because they offer the shared common space but also have small shared private rooms and conference rooms with time restrictions and reservation capabilities. Members of the community understand what they are getting into and respect the "house" rules in regards to networking, being obnoxious, etc.

Lastly, I think we will continue to head into a shared ecosystem as a society and these spaces will become more and more common and in demand... especially with the rental prices that continue to rise in LA's private offices. As millennials, like myself, graduate and as technology and real estate continue to intertwine, this seems like a great idea to me.