Knotel, the premier flexible workspace provider, announced today that it has finalized three new office space leases totaling approximately 45,000 square feet in San Francisco.
In the largest transaction, Knotel has completed a 35,643 square-foot deal with landlord Gaw Capital at 555 Montgomery Street. The new lease will encompass the 3rd, 6th and 17th floors of the building. Gaw Capital was represented in the transaction by Roman Adler of Newmark Knight Frank. Knotel was represented by Justin Bedecarre, Blake Stanley and Bryan Emmanuel of HelloOffice.
In addition to the transaction at 555 Montgomery Street, Knotel also inked deals for:
- 5,592 square feet of space on the 2nd and 4th floors at 26 O’Farrell Street. The landlord, Leon Le, was represented by Jim Sobel of Colliers International. Justin Bedecarre, Blake Stanley and Bryan Emmanuel of HelloOffice represented Knotel.
- 2,800 square-feet of office space on the 2nd and 3rd floor of 615 Sacramento Street. The landlord, Birmingham, was represented by Jim Sobel of Colliers International. Justin Bedecarre, Blake Stanley and Bryan Emmanuel of HelloOffice represented Knotel.
“We are thrilled to be adding more great locations in San Francisco,” said Kwame Spearman, Head of Expansion for Knotel. “Our continuous growth in the San Francisco office market is a key example of the rapid demand for flexible office space in the Bay Area.”
Subsequent to the expansion announced today, the firm now operates a total of almost 200,000 square feet of space in 20 locations.
Knotel – which designs, builds and operates custom spaces for companies of 50 employees or more – was founded in New York City in 2016 and caters to established and growing brands. It has quickly expanded nationally and internationally, with additional locations in San Francisco, London, and Berlin. Knotel currently operates more than 100 locations worldwide, with plans for expansion in existing cities, and into new markets in the U.S. and overseas.
About Knotel
With more than 1.7 million square feet across 100 locations in New York, San Francisco, Los Angeles, London and Berlin, Knotel is transforming the way we work with its Agile HQ™ Platform. Making long-term leases a thing of the past, Knotel designs, builds, and operates custom spaces for enterprises, so they can focus on building the future. Founded in 2016, Knotel has raised $160 million in funding, and was named a Business Insider Top 50 Startup and New York's Hottest New Workspace Model. Knotel’s member network includes such companies as Starbucks, Cheddar, and The Body Shop. Visit knotel.com.
