Leading commercial real estate platform, Barterlet announced on March 11th, that it has signed an agreement to secure a 50,000 sq ft office building in Parma Heights, Ohio. The property will be available for barter. With the agreement, Barterlet aims to connect landlords directly with businesses.
Barterlet serves landlords and business owners with the opportunity to work on a percentage rental basis. This gives the landlord a chance to earn from their tenant’s operations. The service delivers an unprecedented opportunity in the commercial real estate space.
We are ecstatic to make Barterlet a market shaker and mover in the commercial real estate space. It's been long overdue for a change. You would think this would have been done sooner since the industry has been clobbered by the move to online and a host of other factors, but nothing happens before its time, I guess. It's rewarding to see how excited property and business owners are about this. Our model is a great supplement for filling vacancies and bringing back the experience of having a community that's flourishing."
Garland Shields, founder and CEO of Barterlet