John Wallace on why the future of workspaces is about better segmentation, more customer profiling and new leasing practices.
Since its inception in 2019, flexible workspace provider Workbox has been growing fast using a model inspired by the hotel industry. Most recently, the company secured $17.5 million in funding, with an additional $5.5 million available through a follow-up option, to accelerate its expansion. Workbox currently operates 10 locations across five cities, but the company aims to double its footprint to 20-25 locations in 10 to 12 cities within the next two years.
“We are more urban-focused than our peers and are primarily focused on gateway cities on the coasts as well as a few high-growth regional cities where there is outsized new company formation and early-stage capital availability,” John Wallace, the firm’s co-founder & CEO, told Commercial Property Executive.
In this interview, Wallace delves into Workbox’ growth strategy and product offerings, sharing his insights on how to navigate this rapidly evolving market and prepare for the future of flexible working...
“We are more urban-focused than our peers and are primarily focused on gateway cities on the coasts as well as a few high-growth regional cities where there is outsized new company formation and early-stage capital availability,” John Wallace, the firm’s co-founder & CEO, told Commercial Property Executive.
In this interview, Wallace delves into Workbox’ growth strategy and product offerings, sharing his insights on how to navigate this rapidly evolving market and prepare for the future of flexible working...
RSK: Flex work does well for certain companies and/or portions of certain companies.
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- - Volume: 24 - WEEK: 37 Date: 9/12/2024 9:51:32 AM -