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MakeOffices

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MakeOffices
Company typePrivately Held Company
IndustryCommercial real estate
FoundedMcLean, Virginia, United States (2012 (2012))
Founder
  • Ray Rahbar
  • Jason Shrensky
  • Chris Junior
Headquarters
Arlington, Virginia
,
United States
Number of locations
15
Area served
Chicago, Philadelphia, Washington, DC metropolitan area
Key people
Jeffrey Langdon (CEO)[1]
ServicesCoworking and shared office space
Number of employees
70[citation needed]
ParentMakeOffices
Websitewww.makeoffices.com

MakeOffices is an American coworking and real estate service company.[2] The company currently operates in three cities: Chicago, Philadelphia, and the Washington, D.C. Metro areas.

Background

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The company was founded by Ray Rahbar, Jason Shrensky, Chris Junior and several others in 2012.[3][4] The idea of an office-sharing start-up was initially conceived in 2007. The idea behind it was for start-ups to have less expenses to incur when creating a fresh company, since buying or leasing an office is a big financial burden for many new businesses.[3][5] The company was funded by several angel investors, several entrepreneurs and the CYwP Fund.[3][6][7]

The company first opened an 8,500 square feet shared co-office space at 1401 Wilson Blvd., Arlington, Virginia with 25 offices. It was later occupied by 47 tech company startups.[5][8][9] This was followed by an office in the Tysons area of McLean, Virginia in June 2013, with 16,000 square feet and 47 offices. The third location was opened in the Dupont Circle area of Washington, D.C., with 40,000 square feet, containing 103 offices.[3]

In August 2013, United States Senator Mark Warner from Virginia visited the Rosslyn office to talk to tenants and media members about the startup growth in the region.[10]

In November 2015, the company changed its name to MakeOffices.

In January 2016, MakeOffices expanded into Chicago and opened the first of its three coworking and shared office spaces in River North. It also opened in Philadelphia's Center neighborhood at the same time. [11][failed verification]

In January 2021, announces it is shutting down.[12]

Service

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The company offers office spaces that are leased on a month-to-month basis. The advantage of leasing an office space in MakeOffices is that it is less expensive than owning or renting an office space. Also, with a month-to-month rental agreement, companies are not locked into an extensive unbreakable lease, giving startups more flexibility. Executive offices and suites and virtual offices are also available through MakeOffices.[5]

References

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  1. ^ Keith Loria (May 2, 2020). "MakeOffices Taps Jeffrey Langdon as New CEO". CommercialObserver. Retrieved May 2, 2020.
  2. ^ Kat Haselkorn (September 4, 2013). "Coworking in D.C. -- Can a Stuffy Town Be Unstuffed?". The Huffington Post. Retrieved February 10, 2014.
  3. ^ a b c d Thomas Heath (June 10, 2013). "Uberoffices opens second of three spaces". Washington Post. Retrieved February 9, 2014.
  4. ^ "Business Rx: How do you select a co-working space?". Washington Post. January 27, 2014. Retrieved February 9, 2014.
  5. ^ a b c Bill Flook (May 18, 2012). "Uberoffices to open in Arlington, with twist on model". Washington Business Journal. Retrieved February 10, 2014.
  6. ^ "UberOffices scores $14 million over two funding rounds in 2014". Washington Business Journal. January 13, 2015. Retrieved 2019-01-04.
  7. ^ Jason Spencer (October 25, 2012). "Life's a Pitch: Rosslyn's UberOffices Growing in Reputation, Membership". Arlington-Patch. Retrieved February 10, 2014.
  8. ^ Bill Flook (May 17, 2013). "Will Fuentes could have gone anywhere to launch his startup. So why did he choose Arlington?". Washington Business Journal. Retrieved February 10, 2014.
  9. ^ Bill Flook (May 18, 2013). "New Arlington incubator adding services to spaces for startups". Washington Business Journal. Retrieved February 10, 2014.
  10. ^ Tess VandenDolder (August 29, 2013). "Senator Mark Warner Talks Politics and Tech at Uber Offices in Rosslyn". InTheCapital. Retrieved February 11, 2014.
  11. ^ "Perfect Office Space in Singapore". Retrieved February 25, 2021.
  12. ^ Jon Banister (January 13, 2021). "Coworking Provider MakeOffices Is Closing Down". Bisnow. Retrieved May 1, 2024.
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