Soon to join the firm will be start-ups supported by THCG in its new incubation space. KickStart has just celebrated the opening of its new building specifically designed to provide alternatives to new tenants, hungry for tech-friendly space. One industry insider tells GlobeSt.com that while there is a desire out there for short-term space, it won't have a meaningful effect on the market.
THCG chief operating officer Evan Marks tells GlobeSt.com that, "it was necessary for us to move to enable us to exploit the synergies within our own organization." The goal, he explains, was to bring all of the operations, now functioning at two different locations--650 Madison Ave. and 105 Madison Ave.--under one roof. The move also allows the company to expand its role in its partnerships with start-ups.
Marks says they are on a "fast, critical path to build the space and have everyone completely operational" as soon as possible. He adds that in order to bring all of the new operations to this location, the 28,000 sf of space had to be rehabilitated.
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