Yes, this is possible. Though the act of moving the space into another space will automatically cause it to become a sub-space. For example:
1. Navigate to your admin console >> spaces >> select the move option
2. Select the space you would like to move it into
3. Space "Test & Testing" is now a sub-space of the "water Cooler" space
Perfect! Thanks so much Jesse. Will pass this info. along as well.
Does this moving space function only work for hosted? I am on Cloud and couldn't locate this 'move space' function like y our screen shot.
Moreover, is it possible to move a subspace to be another space's subspace?