Big money places bets on a flexible office corporate shake-up

by Knotel: April 20, 2018

From beer-swilling freelancers fraternizing over foosball to buttoned-down Fortune 500 outposts, the flexible office market has grown up in the past two years.

The industry still targets lone wolf operators, startups and the short-term leases that accompany them, but it’s also catering to larger tenants that want to avoid decade-long leases without enduring the ragtag excitement and aesthetics of the stereotypical co-working environment.

“For companies that have reached a certain stage,” Eugene Lee, global head of real estate and business development at flexible office provider Knotel, said, “they might not want to bring an investor into an office where they have to walk through a maze of cubes to try and find their cube.”

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