College Park Executive Suites

What College Park Executive Suites does

College Park Executive Suites (CPES) is an independent, privately held executive suite and coworking operator headquartered at 900 Commonwealth Place in Virginia Beach, Virginia. Founded in 2003 and owned by Jackie Gilmartin, the company provides turnkey private offices, co-working space, virtual office packages, on-demand administrative services, and meeting room access to small businesses, entrepreneurs, government contractors, remote workers, and veteran-owned businesses in the Hampton Roads market. The facility is strategically located half a mile from the Indian River Road/I-64 interchange, providing convenient access to downtown Norfolk, Norfolk Airport, Town Center Virginia Beach, and multiple area military bases — a positioning that supports its government contractor customer segment.

The product portfolio spans three core workspace SKUs (Executive Office Suites in small/medium/large configurations, Co-Working Space priced from $50/month, and a Virtual Office / Image Plan tiered at $65-$125/month) plus add-on services including administrative support (word processing, QuickBooks assistance, transcription, notary), meeting rooms, and a Ready Room for occasional in-person use. The underlying technology stack is standard commercial office infrastructure — high-speed internet, VOIP telephone systems, and video-conferencing-equipped meeting rooms — supplemented by a partnership with ImyoTEK (announced May 2020) that provides tenants up to two hours per week of free IT support. There is no proprietary software platform, public API, or mobile application; the business is fundamentally a physical real-estate and services operation rather than a technology product.

CPES operates a sales-led go-to-market model in which owner Jackie Gilmartin personally handles prospective tenant inquiries via phone, website, and walk-ins. Revenue is generated through subscription recurring streams (office rentals with month-to-month, six-month, or one-year terms; co-working; virtual office) and a usage-based stream (administrative services). Marketing is conducted primarily through an active blog (109 entries authored by Gilmartin through 2021), Facebook and LinkedIn pages, and word-of-mouth referrals from Gilmartin's extensive local business network. The company has not raised institutional funding, has no parent company, and operates with a stated team of 1-10 employees at a single location.

Name

College Park Executive Suites

Legal name

College Park Executive Suites

Website

https://cpes.net

Company type

Private

Founded year

2003

Operating status

Operating

Headcount range

1–10 employees

Ownership category

akta.pro rank

Product category

Serviced Office Space

NAICS

Office Administrative Services (5611)

SIC

Services-Facilities Support Management Services (8744)

akta.pro primary industry

Workplace Technology & Smart Office Support (Room Booking Systems, IT/AV Liaison) (IMAIALAK)

Keywords

• Serviced office space
• Executive office rentals
• Coworking space
• Virtual office services
• Business support services

Headquarters

HQ city

Virginia Beach

HQ country

United States

HQ region

North America

Offices1 record

Markets served

GTM type

B2B

Offering type

Services

Cost components

Infrastructure, Operations, Personnel, Marketing or Sales, Others

Revenue model

1. Office Space Rentals: Monthly rental of private offices in small, medium, and large sizes. Flexible lease terms available including month-to-month, 6-month, and 1-year options.
2. Co-Working Space: Shared workspace access at competitive monthly pricing starting at $50 per month
3. Virtual Office / Image Plan: Professional business presence services including telephone number with voicemail, receptionist, conference room access, and mail handling. Priced at $65-$125 per month
4. Administrative Services: On-demand services including word processing, QuickBooks assistance, proofreading, transcription, copying, scanning, notary, and notary services charged on as-used basis

Pricing tiers

Go-to-market motion1 record

Distribution channels2 records

Marketing channels4 records

Core offering

College Park Executive Suites provides turnkey office space solutions in Virginia Beach, including private executive offices in small, medium, and large sizes, shared coworking space, and virtual office packages. The company also offers on-demand administrative services such as word processing, QuickBooks assistance, transcription, and notary services, along with meeting room and Ready Room access. It targets small business owners, government contractors needing proximity to military bases, remote workers, and veteran entrepreneurs in the Hampton Roads area.

Product overview

College Park Executive Suites operates as a turnkey office space solution provider offering a portfolio of workspace products. The core offerings include Executive Office Suites (available in small, medium, and large configurations with private offices), Co-Working Space (flexible shared workspace starting at $50/month), and Virtual Office/Image Plan packages ($65-$125/month). Add-on services include Administrative Services (word processing, QuickBooks support, transcription, notary), Meeting Rooms with conferencing equipment, and Ready Room access. The company positions itself as an independent owner/operator offering personal attention with flexible lease terms, serving the Hampton Roads business community, particularly near military bases.

Differentiator

Problem solved

Functional benefit

Products and services

• Executive Office Suites Traditional private office spaces available in small, medium, and large sizes for rent, offering dedicated workspace with doors that close, suitable for individual professionals or small teams. Tenants receive included amenities such as receptionist services, mail handling, conference room access, free parking, and complimentary coffee and tea. Flexible lease terms include month-to-month, 6-month, and 1-year options.
• Co-Working Space Shared workspace options starting at $50 per month, providing flexible seating arrangements with access to common areas, free coffee and tea, and high-speed internet. Targets remote workers, freelancers, and small teams needing affordable, flexible workspace.
• Virtual Office / Image Plan Professional business presence services priced at $65-$125 per month, including a telephone number with voicemail, receptionist services, call screening, conference room access, and professional mail handling and sorting. Designed for businesses that want a professional address and presence without committing to a physical office.
• Administrative Services On-demand business support services charged on an as-used basis, including word processing, Microsoft Office assistance, QuickBooks support, proofreading, editing, faxing, copying, desktop publishing, scanning, transcription, notary public services, and projector rental. Available to tenants and the broader business community.
• Meeting Rooms Conference room access with presentation and video conferencing equipment, available to tenants and virtual office members. Rooms are cleaned between uses.
• Ready Room Private, fully-outfitted office space available on-demand for virtual office members who need occasional in-person workspace without committing to a permanent office.

Quantifiable outcome

• Tenants operational same-day after signing
• +1 more outcomes

Named customers2 records

Segments4 records

Ideal customer profiles4 records

Technology focussed No

API detail

Has API

No

API docs

API detail

Core technology

AI maturity

App detail

Feature3 records

Scale indicators4 records

Recent moves6 records

Expansion highlights5 records

Broad incumbents

• Mindspace: Mindspace is a global premium coworking and serviced office provider with locations across Europe, the U.S., and Israel. It is comparable as a flexible-workspace operator targeting small teams and enterprises, though at substantially greater scale than CPES's single location.
• Regus / IWG: IWG (parent of Regus, HQ, and Spaces) is the largest global operator of flexible office space, executive suites, and virtual offices. It is comparable to CPES because it offers the same core product mix (private offices, co-working, virtual office) at scale, though across thousands of locations rather than a single Virginia Beach site.

Regional players

• Workbar: Workbar operates coworking and flexible office locations in the Eastern U.S. (notably Massachusetts). It targets similar SMB and remote-worker segments as CPES with private offices and co-working, but does not directly overlap geographically in Hampton Roads.
• Common Desk: Common Desk is a coworking and flexible office operator with locations across Texas and the Southern U.S. It competes in a similar SMB and small-team segment with comparable private office and co-working products, though in different regional markets than CPES.

Direct peers

• Office Evolution: Office Evolution runs a U.S. franchise network of small-business-focused coworking and executive office suites, often in suburban markets. It is a direct peer because it targets the same SMB and remote-worker segments as CPES, with similar small-format private offices and virtual office offerings.
• WeWork: WeWork is the most recognized coworking and flexible office brand globally, offering private offices, co-working, and enterprise solutions. It directly competes with CPES for the same small-business and remote-team customer base, but with substantially more capital, brand, and technology infrastructure.
• Quest Workspaces: Quest Workspaces operates executive office suites, coworking, and virtual office services in Florida markets. Its product mix (private offices, virtual offices, meeting rooms) and SMB target customer directly parallel CPES's offering in a comparable mid-Atlantic/Southeast profile.
• Industrious: Industrious operates premium flexible workspaces including private offices, suites, and virtual offices, with a focus on enterprise and SMB clients. Its product mix and target buyer (small teams needing professional space with flexible terms) closely mirror CPES's value proposition.
• Pacific Workplaces: Pacific Workplaces operates a network of executive office suites and coworking locations in the Western U.S. It is comparable to CPES in product mix (private offices, virtual offices, meeting rooms, admin support) and customer base (small businesses, remote workers, contractors).
• Intelligent Office: Intelligent Office specializes in virtual office services, executive suites, and administrative support packages for SMBs and remote professionals. Its service-heavy, virtual-office-first model is highly comparable to CPES's Virtual Office/Image Plan and on-demand admin offering.

Market position

Strengths5 records

Weaknesses5 records

Competitive moat4 records

Key risks6 records

Key highlights7 records

Customer concentration

• Facebookfacebook.com/CollegeParkExecutiveSuites
• LinkedInlinkedin.com/company/college-park-executive-suites

Revenue estimate

Valuation estimate

Number of profiles

Profiles1 record

Funding overview

Funding rounds

Investors

Funding detail is available on the Subscription and Enterprise plan.Contact sales →

M&A

Investments

M&A and investment is available on the Subscription and Enterprise plan.Contact sales →

Frequently asked questions about College Park Executive Suites