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TechSpace Grows with Opening of New "Alternative Office Space" Facility in New York City


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© Business Wire 2008
2008-09-17 14:54:03 -

www.techspace.com/ - for TechSpace Beth Passarella-Quezada, 714-573-0899 x 26 beth@echomediapr.com TechSpace, the nation's leading provider of flexible, on-demand, "alternative office space" and integrated technology and business services, announced tomorrow it will host the grand opening of its latest TechSpace business center located at 44 W. 28th Street. The unique 23,000-square-foot TechSpace Chelsea facility features distinctive architecture, 62 offices along with

207 workstations, and occupies two floors of prime real estate in this prestigious area.

"In today's volatile real estate market, TechSpace's progressive business platform serves client companies with an innovative alternative to traditional commercial real estate," said Victor Memenas, Chief Operating Officer for TechSpace. "We are proud to offer a cost-effective and efficient model that is in touch with the needs of today's small- to mid-sized businesses."

Located in strategic proximity to the existing TechSpace Union Square and TechSpace West Village locations - which are each currently at 100 percent occupancy - TechSpace Chelsea is easily accessible via three major subway lines as well as walking distance from Penn Station. The site's central location is in close proximity to Midtown, Chelsea and Flat Iron - an area deemed "up-and-coming" by key commercial real estate reports and forecasts.

TechSpace Chelsea boasts unique design elements, large windows with exciting city views, onsite amenities and an advanced technology platform that provides a premier work environment for creative, tech and entrepreneurial companies of all sizes. The facility's distinctively configured floor plan is designed to promote worker productivity in small companies, and the space is intended to be flexible, including interconnecting and scalable offices, fully-equipped conference rooms, and a state-of-the-art 24/7 security system. An advanced on-site technology platform provides enterprise-class, Tier 1 IT infrastructure, complete with a private, firewalled data network, dedicated and burstable internet connectivity, advanced voice telecommunications, and e-mail, web, and application hosting services. With everything from workstation furniture, mail room and service center, advanced telecommunications, and reception services all included - companies are able to preserve capital and keep overhead to a minimum, while focusing on enhancing their core competencies and growing their businesses.

"The opening of our Chelsea location extends the TechSpace heritage of providing extraordinary office and technology solutions that meet the unique demands of the Manhattan market," said Memenas. "By providing a highly-flexible, low-commitment alternative to traditional office space - TechSpace Chelsea offers companies the unique ability to grow their businesses without making a long-term commitment to occupancy nor a capital investment in the space."

About TechSpace: TechSpace delivers flexible, on-demand, "alternative office space" and integrated technology and business services that give today's small- to mid-sized businesses what they want, when they want it, with no strings attached. With multiple facilities across the United States, TechSpace serves both onsite and virtual clients with an innovative platform that relies on centralized outsourcing for everything from workstation furniture, mail room, advanced voice and data telecommunications, Tier 1 IT infrastructure, reception services and office supplies. Smartly designed modular workspace floor plans, combined with flexible, low-commitment agreements allow room for upsizing or downsizing as necessary without the high cost of moving. This formula preserves capital, keeps overhead to a minimum, and frees up companies to concentrate on enhancing their core competencies while more effectively managing their businesses. TechSpace has multiple locations throughout the United States - including New York, Orange County, Calif., and Boston. For more information, visit www.techspace.com.

Editor's Note: Interviews and images available upon request.

TechSpace Chelsea is the Third Flexible Office Space Solution in
Manhattan


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