Grind and Verizon Partner on Space

[Steve King]

Congratulations to Grind on their deal with Verizon. As analysts looking at the industry from the outside, we think this is a very big deal. Corporations and commercial building owners are trying to figure out what to do with excess space. There's been a lot of discussion about turning this space into coworking spaces, but the real estate industry moves very slowly. We think a corporation like Verizon jumping will lead more firms to make similar moves.

[Scott Tillitt / BEAHIVE]

Steve, you’re missing the best part of this announcement.

They left out the hyphen! ;)

scott.

Grind and Verizon Partner on Space

Steve King <sk...@emergentresearch.com>: Oct 15 09:04AM -0700

Congratulations to Grind on their deal with Verizon

<http://www.verizon.com/about/news/verizon-partners-grind-open-coworking-space-historic-lower-manhattan-building>.

As analysts looking at the industry from the outside, we think this is a  very big deal. Corporations and commercial building owners are trying to  figure out what to do with excess space. There's been a lot of discussion  about turning this space into coworking spaces, but the real estate  industry moves very slowly. We think a corporation like Verizon jumping  will lead more firms to make similar moves.

  - --    -

SCOTT TILLITT

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[Benjamin]

Steve...you are right about the real estate angle from the Verizon side but there is also a critical marketing angle for them - they get to position the brand closer to the "work lives" of their customers via a disruptive/forward thinking company = powerful. For Grind, this partnership offers rapid expansion with a serious technology partner - the potential is exciting.

Benjamin Dyett Co-Founder New York | Chicago grindspaces.com