Over the last few days, I experienced a feeling of contentment and joy. Two years ago, we met Chanie, a very pleasant CFO of a small company, about 10 persons, in the central lounge at WeWork Herzliya. They had 3 small rooms there and the lounge was the only place we could sit and chat.
Chanie told us they were growing and looking for an office for 70 hi-tech programmers / engineers. The jump in manpower sounded ambitious to me and Ayelet from our office found them a genuinely nice office in Herzliya. During the search we met Amit, the CEO, a modest and charismatic person who, together with Chanie, conducted an intelligent, efficient, and meticulous selection process. It was a real pleasure working with them – a school in decision-making.
10 months passed and Chanie asked to further increase the offices to suit about 140 programmers, this time in the center of Tel Aviv near the Azrieli buildings. The process was repeated with more professionals from the company: Aylon, Ayelet, Einat, Inbal and others. Every meeting with them was a pure pleasure and a kind of transcription of the organizational DNA that Amit bequeaths.
Like closing a circle, they rented a full floor at WeWork Sapir Tower, a floor designed and tailored to their needs, branded with their logo and with the advantage of a short commitment.
And then Corona came. Gorgeous offices that housed several dozens of high-tech professionals during February stand abandoned, with few employees visiting them.
Quarantine. Capsules. Work from home – will not stop Amit, Chanie and all its team of professionals. This week we read that the company raised a capital investment at a value of higher than $2 billion and this illustrated and honed it for me again, there is no doubt: the secret is great people and this can be seen from afar.
Big wins AY – Propertech
Represented a client in a purchasing office deal in Rishon Le Zion (Tenant Representation).
Around the glob – Big wins Avison Young :LOS ANGELES Office Closes a $5.8 Million Dollar Industrial Transaction in Oxnard, California.
Israeli commercial real estate deals
Sales conversation analytics company GONG raises $200 million at a $2.2 billion valuation ( Calcalist).
ISROTEL, FATTAL, BROWN open new hotels in Israel ( Globes).
DANYA CEBUS LTD to build Rishon office tower ( Globes).
Commercial Real Estate Opportunities:
For sale 2,200M2 commercial building in Petah Tikva, in the center of Israel.
For sale two floors (2,300M2) out of five, in a comercial building in the center of Tel Aviv.
For Sale in Tel Aviv 600M2 floor, (one out of 4) + 13 parking spaces.
For lease, in Holon till 1,500M2 office space, high floors (flyer attached).
For lease, in Alon Tower Tel Aviv 156M2 office space, high floor, 5 rooms.
For lease, in Or Yehuda, 600M2 office space ready to occupy.
For lease, in Petah Tikva 1,700M2 office space ready to occupy.
For lease in Kadima, commercial units in a new neighborhood commercial center.
The purpose of this Newsletter is to update you with Commercial Real Estate information related to companies from Israel. The information contained herein does not constitute an opinion or professional advice. It is recommended to use the information detailed in this Newsletter only after consultation with the appropriate professional consultants from our office.
Propertech Real Estate is a commercial real estate boutique, a leader in providing professional and unique brokerage services for office spaces, logistics spaces, commercial buildings, brokering and negotiating investment real estate transactions, land, etc,
managed by Avi Gimpel and Guy Amosi.