February 5, 2014

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Shared Office Space, Assemble, to Open in Park City

Press Release

February 5, 2014

Park City — Assemble, a new shared office space for entrepreneurs and other professionals, is under construction and on track to open in March. It will provide 11,289 rentable square feet of individual offices, collaboration areas, meeting rooms and ancillary services at the new Cottonwood Building at Kimball Junction.

Assemble is intended for individuals, small companies and other professionals who choose to live and work in Park City but don’t want the expense and commitment of a long-term lease. It’s similar to office concepts already established in cities such as New York City, Denver, Chicago and Atlanta.

“Assemble will provide the Park City market with something it has never had—a professionally operated, shared executive office suite in a beautiful, class ‘A’ environment,” said David Nadler, managing partner of Assemble.

Assemble will provide up to 40 private offices ranging in size from 100 to 200 square feet. It will provide memberships where members and their guests can use a 5,000 square-foot, furnished open area at their convenience. This space provides tables, soft seating, group collaboration areas, wireless internet services TVs and conference rooms.

Tim Anker, managing broker of the Park City office of Cushman & Wakefield | Commerce, is representing Assemble in the real estate transaction. “The complete class-A office, coupled with the flexible membership option, is an ideal solution for many business people in the Park City area,” he said.

The concept allows startups to save on common costs as there is no need to sign long-term leases, build out office space or purchase furniture. Janet West, Principal Broker of Sage Realty represented the landlord.

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