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Space Demand: A Conversation with TechSpace’s Vic Memenas
There’s a significant shift underway in how companies use their workplaces. Today, productivity and efficiency must be balanced against talent recruitment and retention. Connect Media asked TechSpace’s Vic Memenas to share examples of the ways companies are using office space, and how his company works to meet that demand nationally in our latest CRE Q&A.
Q: What types of companies find homes at TechSpace? How do you help them grow and expand?
A: TechSpace locations around the country are largely populated by business professionals who appreciate working in a creatively-designed office setting. Any company that values flexibility, a great user experience and a fast, stable technology platform usually migrate towards TechSpace. We’ve housed every type of business you can imagine – from solopreneurs to Fortune 100s and everything in between.
We help them grow by giving them room to breathe and supporting their day-to-day requirements. We’re essentially a hospitality business, so our sites are staffed by employees who are focused on our customers and helping them succeed.
Q: What have you’ve learned from the maturation process of companies in the past?
A: Every company grows at its own pace. You can’t speed up or slow down the maturation process. We maintain close relationships with all of our customers so that we’re better able to anticipate and manage their needs. Doing so allows us to seamlessly adjust to their needs, allowing their business to evolve in any direction.
Q: What are some examples of companies who’ve grown up at a TechSpace?
A: We’ve been operating since 1998, so we’ve helped thousands of companies grow and succeed. Companies like Priceline, Spotify, Yelp…the list literally goes on-and-on!
Probably our most famous company is LinkedIn, which based their NY operations out of our Union Square location for many years before graduating to become a full-floor tenant in the Empire State Building.
Q: What industry sectors do you see as ideal TechSpace users?
A: Any industry that values flexibility, a great user experience, and a fast, stable technology platform usually migrate towards TechSpace. We’re completely user agnostic, and our spaces reflect this – we have a unique and diverse collection of industry sectors at every location. However, some of our locations do reflect the market they’re in – for example, our Houston site features a good share of oil and gas companies.
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