WORKEZ BETS BIG ON MANAGED OFFICE MARKET IN CHENNAI: SIGNS ON
1.9 LAKH SQUARE FEET IN PALLAVARAM, GUINDY AND ANNA SALAI
Chennai, 7 September 2022 – Chennai-headquartered managed office and coworking space provider, Work Easy Space Solutions Private Limited (WorkEZ) has announced the signing of three new buildings in Chennai. The new centres will be known as ‘WorkEZ The Address’, ‘WorkEZ Chambers Guindy’ and ‘WorkEZ Clubhouse Anna Salai’. The upcoming centres are located across three key micro-markets of the city: the 200 feet Radial Road in Pallavaram, in Guindy and on Clubhouse Road, off Anna Salai, respectively.
The three new centres have a total capacity of nearly 4000 seats spanning across 1.9 lakh square feet. With this latest addition to its portfolio, WorkEZ now has a total capacity of over 12,000 seats spanning over 6 lakh square feet, across its seven centres in Chennai, making it the city’s largest managed office space provider.
Mr Sunil Reddy, Co-founder and Managing Director of WorkEZ said: “We set up WorkEZ three years ago with a vision to be India’s largest managed office space provider, offering our clients best-in-class comfort, world-class amenities, state-of-the-art infrastructure and round-the-clock support. Over the last two years, the company has gained great momentum. In terms of office space and number of seats, we currently hold the largest market share among the coworking and managed office space providers in Chennai and are optimistic about expanding to other tier-1 and tier-2 cities in India. Our target is to grow to 100 significant centres by 2027”.
Mr Prathap Murali, WorkEZ’s Head of Business for India, said: “The popularity of coworking and managed office spaces has catapulted in the post-COVID era. According to a recent report by a leading International Property Consultant, coworking space providers across top 7 cities in India leased 28 lakh square feet in Q2 2022, the highest in 12 quarters. Likewise, the office market in Chennai is witnessing improving occupier momentum, with demand driven by IT, ITes and BFSI firms. The uptake in the first half of 2022 is similar to the numbers recorded in 2019 and we believe this city has great potential.”
“The average office-goer spends about 8 to 10 hours a day at office, and at WorkEZ we strive to give them both a great office environment as well as a great work experience. A lot of R&D goes into every aspect of our business – from product specifications like office layout and design, furnishings, fittings, IT framework etc. to the elaborate set of services we offer, in order to create and deliver a world-class work experience”, Mr Murali added.
About WorkEZ The Address:
WorkEZ The Address spans around 1.30 lakh square feet and is located within Featherlite’s The Address, a prestigious business park located on the 200 feet Radial Road that connects Pallavaram with Thoraipakkam. The centre has been built for a total capacity of 2600 seats and will have a collaborative lobby lounge with a snooker table and individual privacy booths. The centre is in the final stages of fittings and will be ready for clients to move in by 1st week of November, 2022.
About WorkEZ Chambers Guindy:
WorkEZ Chambers Guindy will be WorkEZ’s second centre in Guindy. The building that has been leased from Ennar, spans across 25,000 square feet over 4 floors and can accommodate around 450 seats. The centre will be operational by 15th October 2022.
About WorkEZ Clubhouse Anna Salai:
Developed by Tagrose Group and leased by WorkEZ, this building is located on Clubhouse Road, in the heart of Anna Salai and offers great connectivity to the primary commercial business district of Chennai. The 35,000-square feet building can accommodate 700 seats and will be WorkEZ’s second centre in the vicinity. WorkEZ Clubhouse, Anna Salai will be fully operational by the 1st week of December.
WorkEZ is Chennai’s largest managed office space provider with a capacity of over 12,000 seats across seven centres spanning a total of 6,00,000 square feet. WorkEZ’s clients can choose from pre-set private cabins or opt for fully-customised office spaces for enterprises. WorkEZ also offers state-of-the-art meeting spaces, fully functional and well-designed collaborative spaces and world-class amenities.
WorkEZ is dedicated to providing flexible solutions and state-of-the-art amenities for all our clients’ business needs. Our goal is to enhance work-life by offering our clients a holistic environment complete with innovative design, tech-enabled infrastructure and an array of value-added services. WorkEZ’s premium workspaces are a one-stop solution to meet the growing demands of a wide variety of businesses, whether its an established enterprise or a start-up. Here, businesses have access to the quintessential co-working office space along with a professional environment that fosters a growing, creative community.
WorkEZ currently operates 4 centres in Chennai: WorkEZ SMT Towers- OMR, WorkEZ Anna Salai, WorkEZ Willow Square – Guindy and WorkEZ Urban Square – OMR.