Officebroker.com is rebranding as Officio to move away from the broker model and aid clients in finding long-term solutions, rather than completing short-term goals.
Knotel quadrupling its new headquarters
New York-based coworking operator Knotel is opening up a new space in the former New York Times building.
The 51,000 square foot deal was once going to be a traditional flexible office location, but now is going to be Knotel’s headquarters.
Currently, the company’s headquarters is located in a 14,000 square foot space on Varick Street, but will be moving soon as the location is about to be torn down and redeveloped into the new Walt Disney Co campus.
Knotel has been growing rapidly and now has over 2 million square feet of space across 100 locations internationally.
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JLL research revealed that Dallas-Fort Worth is ranked 12th out of the country’s top 15 coworking and flexible space markets, taking up 3 million square feet of space.
Office provider LABS has launched its 96,100 square foot flagship property LABS House in Bloomsbury, London that features coworking, offices, and full-service dining.
Cool office interiors are ideal at first glance, but looking into a company’s principles, such as gender equality and flexibility, will be the factors that retain talent.
Colliers International revealed the success of the office market last year due to high demand for coworking and tech firms, but predictions for 2019 are uncertain.
Shared office space providers as tenants have become the norm for many landlords and building owners, and now many REITs have adopted coworking as it continues to expand.
Brookfield Properties has teamed up with Convene to spruce up the 73,000 square foot Brookfield Place into a full-service events venue that accommodates up to 500 people.
Many coworking operators pride themselves on massive, rampant expansion, but some industry experts believe this growth could lead to failure and consolidation in 2019.