Flexible Workspace Advisory

Strategic clarity for flexible real estate

End-to-end support for property owners adding flexible workspace to their portfolios.

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Modern flexible workspace
What We Do

Your Expert in Flexible Real Estate

We guide property owners from feasibility analysis through operator selection to a signed deal — ensuring sound decision making and superior terms.

1
Feasibility & Underwriting

Determine whether flex makes sense at a specific asset — and what the returns look like under different deal structures.

  • Asset-Level Feasibility Study
  • Competitive Landscape Analysis
  • Financial Underwriting & Pro Forma
  • Portfolio-Wide Flex Assessment
2
Operator Selection

Run a rigorous process to identify, evaluate, and select the right flex operator for your asset.

  • RFP Design & Management
  • Proposal Evaluation & Scoring
  • Operator Due Diligence
  • Site Tours & Interviews
3
Deal Execution

Negotiate and close the operator agreement — structured to protect your economics and maximize long-term value.

  • LOI & Term Sheet Negotiation
  • Lease & Management Agreement Support
  • Deal Structuring & Risk Allocation
Why Leitson Advisory

Built Exclusively for Landlords

Fast & Focused

Most engagements run 4–8 weeks from kickoff to completion. No bloated teams, no lengthy onboarding. Lean by design — so you get depth, not overhead.

Deep Industry Network

Relationships with every major flex operator, plus brokers, analysts, and owners across North America, Europe, and Asia. Our relationships translate directly into better outcomes.

Operator Expertise, for Landlords

We've sat on the operator side and now work exclusively for owners. That means we understand how operators think, how deals get structured, and what to push for at the negotiating table.

Case Studies

Selected Engagements

How we've helped leading property owners navigate complex flex workspace decisions.

Riverside
Riverside Investment & Development
Chicago, USA
Operator Backfill

Backfilling a Pre-Built Coworking Space with a Best-in-Class Operator

  • Backfilled a pre-built coworking space at a Chicago office asset
  • Advised ownership during termination negotiations with the legacy flex operator
  • Reviewed performance data and physical design to advise on in-house vs. operator partnership
  • Managed the RFP, reviewed proposals, and negotiated the LOI and lease agreement
Cadillac Fairview
Cadillac Fairview
Toronto, Canada
Feasibility Study

Evaluating Flex Workspace Viability Across Two Office Properties

  • Evaluated the feasibility of flexible workspace at two Toronto office properties
  • Conducted competitive landscape analysis to determine accurate pro forma inputs and assumptions
  • Completed detailed underwriting for several deal structures to understand projected landlord returns
  • Engaged operators to gauge appetite and advised ownership on whether to proceed with a formal RFP
Ingka Centres
Ingka Centres
Paris, France
RFP Management

End-to-End Operator Selection for a Mixed-Use Asset

  • Managed the end-to-end RFP process to select a flex workspace operator for a Paris mixed-use asset
  • Completed a feasibility study to determine financial viability of a new flex location
  • Launched the RFP, reviewed submissions, toured operators, and identified the best partner
  • Negotiated and executed the LOI and management agreement on behalf of ownership
EQ Office
EQ Office
Chicago, USA
Performance Improvement

Driving Occupancy and Revenue at a 45K SF Coworking Location

  • Advised on improving commercial performance of a self-operated 45K SF coworking location
  • Reviewed financial and operational data to understand the current state of the business
  • Prescribed specific strategies and tactics across operations, sales, and marketing
  • Supported implementation to rapidly increase occupancy and revenue generation
Columbia Property Trust
Columbia Property Trust
New York · D.C. · San Francisco
Go-to-Market Strategy

Designing and Launching an In-House Enterprise Suites Platform

  • Designed the go-to-market strategy for an in-house turnkey suites business across three major markets
  • Created the product concept, business case, and regionalized go-to-market strategy
  • Conducted portfolio analysis to select assets best positioned for rollout
  • Executed the commercialization and launch in partnership with key business functions
“

Josh is a seasoned flexible office professional whose intricate knowledge of the rapidly evolving coworking landscape and the players within it is a great resource to any landlord. He designed and led a bespoke coworking RFP process which he successfully completed on time and in line with pro forma.

Ted Fahey
VP Real Estate — Mansueto Office
About

Meet the Principal

Josh Leitson

Josh Leitson

Managing Principal

Josh Leitson has years of experience providing strategy and operations support for US and international owners and operators in the flexible workspace industry.

Prior to launching Leitson Advisory, Josh led the Strategy team at Industrious. During his time at Industrious, Josh was the engine behind a number of initiatives that materially improved the trajectory of the company including M&A, fundraising, international expansion, product development, operations improvement, and management agreement strategy and execution.

Prior to Industrious, Josh worked in management consulting where he supported Fortune 500 clients across a variety of verticals.

Get Started

Let's discuss your flex strategy

Whether you're exploring flexible workspace for the first time or optimizing an existing program, we'd welcome the conversation.

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