menu
Get a daily delivery of PSFK
Subscribe to get a daily digest of new ideas and discoveries and to find out about upcoming events

Nokisaki Rents Dead Spaces To Small Urban Businesses

Nokisaki Rents Dead Spaces To Small Urban Businesses

A new online real estate marketplace in Japan is helping land owners make use of even the tiniest space.

Dan Gould

A new online real estate marketplace in Japan is helping land owners make use of even the tiniest spaces.

Nokisaki.com looks for slices of dead, unused or underused space in urban areas and rents them out for short periods of time. Starting at $15, vendors, or other street-based businesses can have a place to work from. The company also rents full size offices when they’re between long-term renters.

The Wall Street Journal reports:

The idea for Nokisaki is fairly simple. Landlords upload information and photos of a location. Renters look through the listings and reserve properties they like. Nokisaki verifies the information about the location and the renter, who pays Nokisaki by credit card or bank transfer. The site transfers the money to the landlord minus a 35% fee. “There are lots of spaces that owners would never think of renting out,” said Akiko Nishiura who runs the Web site with her husband, Tohru.

Mrs. Nishiura, who had worked at Sony Corp. in sales and marketing and several Internet ventures, came up with the idea for Nokisaki after struggling to find a place to set up a temporary store to gauge customer reaction for a new business idea: selling plates imported from Chile.

Nokisaki

Wall Street Journal: “Tokyo Start-Up Rents Tight Spaces”

image by Rob Ketcherside

{{post.author_display_name}}
  • {{post.date_formated}}
{{post.author_display_name}}
  • {{post.date_formated}}
Read More Tap to Expand
PSFK Writer {{post.author_display_name}}
  • {{post.date_formated}}
Get a daily delivery of PSFK
TREND REPORT

PSFK Labs Presents
The Future of Connected Life

Live Work Play Better:
The New Consumer and Their Journey to Effectiveness, Balance & Personal Growth