Something Brewing: Starbucks Takes Full-floor Office at Knotel’s Newest Location

by Knotel: April 25, 2018
Knotel, a flexible office-space provider, inked a 20,000 square-foot lease for four full floors at the Moinian Group-owned building. The company said Thursday that it already found four full-floor subtenants, meaning the location will open 100 percent occupied. Aside from Starbucks, Sequoia Consulting Group is also taking a floor. Knotel and its rivals in the flexible office sector, such as WeWork and Industrious, increasingly compete over corporate customers. Last year, WeWork subleased its entire location at 88 University Place to IBM. The company claims so-called enterprise customers now account for more than 25 percent of its membership....

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