Knotel Partners With Co-Working Provider As It Strengthens Foothold In NYC

by Knotel: April 19, 2018
Knotel, which manages and leases customized headquarters spaces on demand, has agreed to a partnership with co-working operator Grind wherein the latter will refer businesses too big for its spaces and encourage its growing members to expand with Knotel. In exchange, Knotel will refer interested parties who require smaller offices to Grind. Part of the deal also involves Knotel acquiring Grind's location at 419 Park Ave. South, which it will fold into a NoMad campus involving its 373 and 475 Park Ave. South locations. It is the latest in a rapid-fire year of acquisitions and deals from Knotel, which has doubled its footprint in New York to over 400K SF this year and hopes to hit 1M SF by the end of the year, thanks to a $25M Series A investment it announced in February....

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