Workspace Innovator Takes Two Full Floors at the 28-Story Office Building
Knotel, the premier agile workspace provider, announced today that it has completed a new lease totaling 11,176 square feet at Triangle Assets’ 369 Lexington Avenue in Midtown East.
Knotel will operate the entire 6th and 11th floors of the 28-story, 175,000 square-foot office tower, which is located one block from Grand Central Station.
“We are seeing a surge in demand for flexible office from the Fortune 500 companies located near Grand Central,” said Eugene Lee, Global Head of Real Estate and Business Development for Knotel. “As more and more companies revisit Midtown East, we will be here to support them.”
Aziz Kabbaj and Robbert Chattah of Sitt Ventures represented Knotel in the transaction, while the landlord Triangle Assets was represented in-house.
Knotel, founded in New York City just three years ago, has quickly expanded nationally and internationally, with additional locations in San Francisco, London, Berlin, Paris, Los Angeles and Brazil. Knotel designs, builds and operates custom spaces for established and growing companies of 50 employees or more. Today, over 200 companies call Knotel home.
About Knotel
With 3 million square feet across 150 locations in New York, San Francisco, London, Los Angeles, Berlin, Brazil and Paris, 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 that business leaders 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 companies like Starbucks, HotelTonight, and Omnicom. Visit knotel.com.
