The Real Deal: Knotel Expands Into 3 New LA Locations
As published in The Real Deal
Knotel’s Los Angeles expansion includes three new locations this month, bringing the firm up to nearly 100,000 square feet of leased space.
The New York-based flexible office space provider has signed deals for nine locations since January in the city, all in the Westside.
This month, Knotel said it had leased 6,680 square feet in Culver City, at 3137 South La Cienega Boulevard. It also signed for 30,000 square feet at 13160 Mindanao Avenue in Marina Del Rey and 7,400-square-foot space at 1625 Olympic Boulevard in Santa Monica.
Knotel, which in April was reportedly in talks for a $200 million Series C funding round, leases directly from landlords and then subleases to companies under flexible terms.
Its first location in L.A., announced February, was a 12,340-square-foot space at a Douglas Emmett-owned building at 429 Santa Monica Boulevard in Santa Monica.