Knotel To Launch Hub & Spoke Workspace Model In The Suburbs
Knotel announced today an initiative to provide hub and spoke workspaces in key suburban markets, capitalizing on a growing trend in corporate real estate circles to decentralize real estate footprints into more safe, dynamic and drivable workspaces.
Our newsletter yesterday got some excited reactions. Just to clarify, Knotel will not be responsible for Lord & Taylor stores. We are still firmly in the business of flexible workspace that works for you and your employees.
"Bringing the hub and spoke to corporates everywhere means helping our customers bring flexible workspaces to virtually any location near their workforce," said Knotel CEO Amol Sarva. "Companies no longer have to be relegated to binary decisions about having everybody at a massive HQ or working from home."
Spaces around the suburb work better as a Knotel. So how does it all work? We search together with you, partner with the ownership and their brokers, and deliver a fully equipped flexible workspace.
The announcement comes in the midst of a massive transformation in the global office market as millions continue working from home and some of the biggest U.S. cities have seen a mass exodus of employees relocating to suburban communities. Business and real estate leaders across the corporate spectrum have almost universally embraced a more hybrid and decentralized approach to work, opting to give their employees more choice and flexibility around how and where they work.
ServiceNow CEO Bill McDermott acknowledged the tech giant was going to embrace a “hybrid” approach to reopening its offices by giving its 11,000 employees increased flexibility. Deloitte, KPMG and the Bank of Montreal have reported considering hub-and-spoke models, opting to forego leasing massive, monolithic HQs in favor of smaller pieces of real estate spread across a more diverse geography. These “drive-to” destinations will be fully tailored to enterprise teams and more convenient for employees who previously used to commute daily to city centers.
To learn more about the initiative and inquire about available space, contact email@example.com.
Knotel is the world’s leading flexible workspace provider, catering to established and growing companies, giving them the freedom to focus on their business, culture and people. With over 4 million square feet across 200+ locations in New York, San Francisco, Los Angeles, Toronto, London, Berlin, Paris and São Paulo, Knotel is transforming commercial real estate and moving companies forward.
Knotel was founded in 2016 to give businesses the flexibility and speed to scale on their own terms. All Knotel spaces are tailored to the needs of each individual company by an in-house team of architects, interior designers, and workplace strategists. For more information, please visit www.knotel.com.