Spacemade has partnered with Howard de Walden to open their first flexible workspace in Marylebone.
As demand continues to rise for flexible offices, Howard de Walden is positioning itself by partnering with Spacemade – the fast-growing operational partner for landlords seeking to offer bespoke flexible workspace to office customers.
Howard de Walden covers more than 800 buildings across 92 acres of Marylebone in central London. Together, they will deliver a circa 10,000 sq ft new flexible workspace, housed in two existing buildings at 34 and 36 Queen Anne Street – one of which is Grade II listed.
The deal marks Spacemade’s 11th location in the UK and bolsters its growing central London portfolio, that includes a boutique collection of private offices with CBRE IM at 10 Brindleyplace, Birmingham’s largest office development completing in 2022; and Park House, the luxury repositioning of a prime building in Leeds city centre.
Dan Silverman, co-founder at Spacemade said:
“Property companies old and new are adapting to the changing world of work, as both individuals and businesses seek out more flexibility. We are hugely excited to be partnering with the Howard de Walden Estate to create an aspirational, design-led flexible workspace product for their West End portfolio. We are enabling the Estate to offer the flexibility and lifestyle occupiers are demanding in Marylebone. We plan to continue expanding our city centre portfolio in London and other regional locations while continuing to be the largest operator of close-to-home workspaces in the capital.”
Richard North, Head of Commercial Letting at Howard de Walden said:
“We selected Spacemade as the operational partner for our first flexible workspace due to their track record in collaborative and transparent transactions that works for landlord partners. Working alongside Spacemade enables us to provide flexible workspace directly to our customers and meet the growing demand in this area.”
Marylebone Village is one of the most desirable central London locations with high demand for quality flexible workspace. The new workspace will have room for 200 members and incorporate luxury lounges, a meeting room suite, private offices and beautiful period features.
Spacemade recently announced three other management agreements to open new flexible workspaces in Hackney Wick, Archway and Putney. In September the group completed a £2m fundraise, which it will use to progress its aim of reaching 50 spaces in the UK in the next three years.