Knotel Scoops up 28K SF in Chelsea

by Knotel: April 25, 2018
As it continues to rapidly expand its footprint across the Manhattan office market, startup office provider Knotel is taking nearly 28,000 square feet of office space at 114 West 26th Street in Chelsea, Commercial Observer has learned—one of several new leases in the borough that the company announced this week. Knotel has agreed a 10-year lease for 27,900 square feet comprising the entire second through fourth floors at the 13-story, 111,600-square-foot office building between Avenue of the Americas and Seventh Avenue, Eugene Lee, Knotel’s head of property acquisition and business development, told CO. The company expects to occupy the space before the end of the year. While Lee declined to provide the asking rent in the transaction, other sources with knowledge of the deal said

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