Matrix will rent an 18-story tower in Kfar Saba; How much will it cost her?

by time news

The technology company Matrix is ​​moving to its own 18-story tower with a total area of ​​approximately 30,000 square meters (including parking areas) in the prestigious O-TECH high-tech complex in Kfar Saba built by the Oshira company.

The details of the agreement indicate that the lease agreement was signed for a period of 10 years at a cost of NIS 20 million per year, with an option to extend it for another 10 years.

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Matrix is ​​an international company founded in 2001 and specializes in artificial intelligence, augmented reality, mobile, automation, cloud, big data, cyber security challenges and more. The company operates in many sectors, including security, technology, engineering, government, health and finance sectors; and employs approximately 11,000 employees worldwide, of which over 9,000 are in Israel.

Matrix stated that the new tower will unite several of the company’s active branches, which currently work from different locations in Israel, and the company’s headquarters, which is currently located in Herzliya Pituach near road number 2. At the same time, other offices that the company has in several locations throughout the country will continue to work as usual.

Also, Matrix will continue to work according to the hybrid method, and Globes was told that the new offices will unite the company’s branches that have worked so far in Hod Hasharon, in Tel Aviv in Rosh Ha’Ain and in Lod, including the headquarters that was previously located in Herzliya Pituach. The transition is expected to take place in the last quarter of 2023.

“With the move to the new building next year, we will complete the streamlining process in real estate that we started during the Corona epidemic,” the company said.

The tower is in the O-TECH high-tech complex in Kfar Saba, which was established by the Oshira company with a total investment of about one billion shekels and includes three office buildings as well as a recreation, shopping and dining center with a total area of ​​about 100 thousand square meters plus parking areas. The complex has a total area of 52 thousand square meters, and it was designed by Oka Architects.

“Emphasis on shared workspaces”

The CEO of Matrix, Moti Gutman, said: “Matrix is ​​happy to renew itself with more technological and innovative work complexes – we are a dynamic company that is not afraid to make changes while moving in order to improve the working environment for the employees, and the process of establishing the new offices does put the facts and the employees at the center our. We have carefully chosen to emphasize offices and co-working spaces, alongside a variety of services and benefits provided to employees, to allow each and every one of them the necessary scope of action in order to succeed and grow.

“We are excited for the move and the start of operations in the new building. With the move to the new building next year, we will complete the streamlining process in real estate that we started during the Corona epidemic. As part of the transition, we will release offices in Hod Hasharon, Herzliya, Tel Aviv, Rosh Ha’Ain and Lod, and will allow very convenient transportation access compared to our current locations.

“In the construction of the new Matrix building, we assumed that the hybrid work would remain with us, and we saved on the real estate areas, and at the same time we created an integrative, pleasant and innovative work environment that will serve us for many years to come.”

The CEO of Oshira, Golan Dotan, said: “We are proud that Matrix chose Oshira to build the company’s new headquarters, and congratulate it on joining the innovative high-tech complex in Kfar Saba. Matrix’s new building was carefully designed with a spatial vision of the current needs, an emphasis on work environments of the highest standards, extra attention to the extensive logistical needs of the company and more, all this in full cooperation with Matrix.”

The mayor of Kfar Saba, Rafi Sa’ar, said: “As part of a policy designed to improve the quality of life, increase employment supply and create opportunities for the city’s residents, we are developing new employment areas that attract large and international hi-tech companies to Kfar Saba.”

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