MakeOffices is an American

coworking Coworking is an arrangement in which workers for different companies share an office space. It allows cost savings and convenience through the use of common infrastructures, such as equipment, utilities and receptionist and custodial services, a ...

and

real estate Real estate is property consisting of land and the buildings on it, along with its natural resources such as crops, minerals or water; immovable property of this nature; an interest vested in this (also) an item of real property, (more general ...

service company. The company currently operates in three cities:

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, and the

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Metro areas.

Background

The company was founded by Ray Rahbar, Jason Shrensky, Chris Junior and several others in 2012. 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. The company was funded by several angel investors, several entrepreneurs and the CYwP Fund. The company first opened an 8,500 square feet shared co-office space at 1401 Wilson Blvd.,

Arlington, Virginia Arlington County is a county in the Commonwealth of Virginia. The county is situated in Northern Virginia on the southwestern bank of the Potomac River directly across from the District of Columbia, of which it was once a part. The county ...

with 25 offices. It was later occupied by 47 tech company startups. 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 Dupont Circle (or DuPont Circle) is a traffic circle, park, neighborhood and historic district in Northwest Washington, D.C. The Dupont Circle neighborhood is bounded approximately by 16th Street NW to the east, 22nd Street NW t ...

area of Washington, D.C., with 40,000 square feet, containing 103 offices. In August 2013,

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Mark Warner from

Virginia Virginia, officially the Commonwealth of Virginia, is a state in the Mid-Atlantic and Southeastern regions of the United States, between the Atlantic Coast and the Appalachian Mountains. The geography and climate of the Commonwealth ar ...

visited the Rosslyn office to talk to tenants and media members about the startup growth in the region. 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.

Service

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 office A virtual office is part of the flexible workspace industry that provides businesses with any combination of services, space and/or technology, without those businesses bearing the capital expenses of owning or leasing a traditional office. Virtu ...

s are also available through MakeOffices.

References

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External links

MakeOffices Official website
Companies based in McLean, Virginia Real estate services companies of the United States Real estate companies established in 2012 Real estate companies based in Washington, D.C. Leasing companies Coworking space providers 2012 establishments in Virginia