Workspace at Vault Coworking with coworkers

VAULT Real Estate Community is a specialized coworking community for those in the real estate industry in Grand Junction, CO. This former bank has it’s original, signature vault door and a modern and sleek look in addition to several great amenities. Here’s what co-founder Scott Schindelar has to say about their space.


When did you open your coworking space and what enticed you to do so?  

We officially opened the doors in February of 2018. My co-founder Matt and I wanted a place where like-minded businesses could network and generate contacts and referrals in-house as opposed to joining networking groups all over town. We also wanted a beginning-to-end solution for experts and novices in the world of real estate.


Tell us about your space. How big is it? What kinds of amenities do you have? What sort of quirks make it special?

We renovated a bank from the 1960s into a 10,000 square foot up-scale executive product that didn’t exist in Grand Junction. We have local beer on tap, a coffee machine that makes cappuccinos/mochas/dirty chai with the touch of a single button, a ping pong table, showers, flexible meeting space that can support over 100 people, dedicated symmetric gigabit fiber, a building administrator that serves all of our in-house businesses, and great mountain views. The building was designed to be ultra-modern with lots of open space.


What is your favorite thing about operating a coworking space?

I love getting to work, grabbing a delicious dirty chai and talking real estate with the other businesses in the space. Whether it is Bill Grace with Pinnacle Homes teaching me about subdivision development or Bonnie Lamb with EXP Realty going over last month’s market trends, there is a lot of information in this building. I love learning and appreciate accidentally acquiring all of this knowledge by having conversations with my work neighbors.


What has been the most surprising/unexpected thing about operating a coworking space?

The most surprising and unexpected thing about operating a coworking space is the number of compliments a nice smelling bathroom can earn.


What’s your favorite story about one of your members?

Lots of stories. You become fast friends with all of the members.


What is your biggest piece of advice for someone wanting to open a space?  

My biggest piece of advice for someone opening a space would be the need to lock in charter members. The more people talking about the space the better! Don’t paint your walls white. The cleaning challenge is an unnecessary burden.  And provide snacks! People love snacks 🙂

Photo of Desks at Vault Real Estate

Vault Real Estate Front of Building

Desk at Vault Real Estate

Conference room with coworkers at Vault Real Estate