Two major coworking companies, which operate coworking spaces blocks apart in Ballston, are merging.
TechSpace has been acquired by the larger coworking provider Industrious, according to an email from TechSpace CEO Vic Memenas. ARLnow’s parent company is based in a TechSpace office and both companies are ARLnow advertisers.
“I am pleased to announce that, as of today, TechSpace is now part of Industrious, the largest premium flexible workspace provider in the U.S.,” Memenas wrote to tenants yesterday. “Over the next few months, the Industrious team will begin integrating TechSpace into their larger network.”
Memenas said the change “will have little impact” on TechSpace members. Thus far both the TechSpace and Industrious locations in Ballston are expected to continue operating despite their close proximity, we’re told; the Ballston TechSpace is almost completely full.