Burlington Landlord Signs Franchise Deal with Office Evolution

Burlington MA

21 April, 2022

3:14 PM

Description

Office Evolution, the largest provider of locally owned and operated co-working space in the U.S., is adding another landlord deal to its franchise system. This deal marks the second time that an existing asset owner became an Office Evolution franchisee and the fourth landlord deal overall. The existing Office Evolution is located at 2 Burlington Woods Drive Suite 100 in Burlington. The new owners will be OCLEN O.E., LLC an entity owned by Rick LeBlanc and Gary Miller. “We see tremendous value in Office Evolution in Burlington as entrepreneurs and small businesses rely on our flexible model in suburban Boston,” said Rick LeBlanc. “Our location provides a great balance to the tenant profile, and as the building owner, we can customize the agreement terms and provide value-add amenities to my traditional tenants.” Companies in Boston and Southern New Hampshire are looking for new ways to maintain productivity, innovation, and connection in remote work settings. Office Evolution has provided them with the perfect solution. As the largest provider of locally owned and operated flexible workspaces across the U.S., Office Evolution is continuing to address demand and help both small businesses and entrepreneurs in the region by offering them affordable co-working spaces close to where they live. “This deal is an intelligent move for the new ownership group, their existing tenants and future Office Evolution members,” said Mark Hemmeter, Office Evolution’s Founder and CEO. “We are so excited to welcome Rick, Gary and their team to our franchise system. We look forward to working with asset owners who want to continue to add value to their properties by adding in flex space and desirable amenities their tenants can take advantage of.” Office Evolution’s steady growth is fueled by the increased demand for flexible, close-to-home co-working office space. Businesses of all sizes have turned toward flexible workspace as a solution to the traditional office setting, especially as they seek to avoid being entangled in expensive leases for traditional office space. As employers realize that remote working is resulting in more productive employees, businesses are tapping in to co-working spaces to provide employees with a safe and collaborative environment that isn’t a long commute away. For more information about Office Evolution, please visit: https://www.officeevolution.co