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Knotel Bankruptcy Could Leave Prime Real Estate on the Table

Lease Agreements With Amazon, DoorDash Involved in Impending Sale to Newmark
Agreements with tenants and landlords in some of the nation's top-tier cities are involved in Knotel's decision to file for Chapter 11 bankruptcy protection and sell itself to brokerage Newmark. (Getty Images)
Agreements with tenants and landlords in some of the nation's top-tier cities are involved in Knotel's decision to file for Chapter 11 bankruptcy protection and sell itself to brokerage Newmark. (Getty Images)
CoStar News
February 2, 2021 | 3:03 AM

Hundreds of thousands of square feet in some of the nation's most desirable office markets could be up for grabs as Knotel's Chapter 11 bankruptcy filing and acquisition agreement with brokerage Newmark are poised to determine the fate of the flexible workspace provider's lease obligations.

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