Knotel, the flexible office provider, announced that it has recently finalized five new locations in New York City, bringing its total footprint in the city to 100 buildings and almost 2.5 million square feet.
The announcement comes following completed transactions at more than 24 locations in New York City, London, Paris and San Francisco over the month of May alone.
“Owners, brokers and companies in New York City and across the globe continue to respond favorably to Knotel as a great alternative to the conventional office experience,” said Eugene Lee, Chief Investment Officer of Knotel.
“Because of this, we’ve developed a market-leading portfolio of flexible office locations in New York,” he continued, “where we began less than four years ago — and across the globe with new sites in London, Paris and San Francisco, and expansion to new cities in the coming months.”
Knotel offers businesses tailor-made, agile workplace solutions that it says simplifies the experience of managing real estate and addresses the challenges fast-growing companies face with a traditional office lease.
New locations finalized by Knotel in recent weeks that will soon service clients ranging from global enterprises to fast-growing start-ups include:
Three spaces at 12 East 33rd Street in New York City’s Murray Hill neighborhood totaling 9,000 s/f;
Two spaces at 80 White Street in SoHo totaling more than 12,500 s/f;
Two spaces at 36 Rue De Saint-Petersbourg in Paris’s 8th Arrondissement totaling more than 18,000 s/f;
Four spaces at 80 Old Street in London’s Shoreditch neighborhood totaling more than 16,000 s/f.
Six spaces at 1550 Bryant in San Francisco’s Potrero neighborhood totaling 38,000 s/f.
Since the beginning of 2018, Knotel has grown from 30 locations spanning 600,000 s/f to more than 200 locations rapidly approaching four million square feet.
Its roster of clients includes Omnicom, Netflix, Daimler and Starbucks.