Coworking
CommonGrounds Makes 1st Philadelphia Foray
The flexible office startup inked a 62,461-square-foot lease across two floors in a Center City office tower, as part of a nationwide growth spree. Shorenstein Properties owns the building.
CommonGrounds Workplace Expands Footprint
The coworking spaces total 41,717 square feet and are the second and third locations opened by the company this year.
Lightstone Lands $70M in EB-5 Funding for Manhattan Hotel
On track for a September opening, the property is the third Moxy-brand hotel in Manhattan developed by Lightstone in partnership with Marriott.
Premier Workspaces Takes 2nd DC Office
Starting next month, the flexible space specialist will occupy a full floor at a Golden Triangle property owned by LaSalle Investment Management.
Major Dallas Mixed-Use Secures $108M Financing
Scheduled for completion in November 2021, Weir’s Plaza is 65 percent preleased to major companies such as anchor tenant Kirkland & Ellis and coworking giant WeWork.
CommonGrounds Signs 30 KSF Lease in Downtown DC
The coworking company will occupy an entire floor at the Class A office building, marking its first flexible workspace in the market, set to open in early 2020.
WeWork Signs 56 KSF Downtown Houston Lease
The coworking giant will occupy floors 25 and 26 at the 1.1 million-square-foot 609 Main at Texas. The deal brings the asset’s occupancy to 92 percent.
Chinese Coworking Giant Seeks US IPO
Beijing-based UCommune is reportedly aiming to raise as much as $200 million through the offering, as China’s flexible office sector shows signs of overheating.
CPE’s Top 5 Posts in June
Miss any of our articles? Catch up with five of our most popular posts for the month.
Upbeat Outlook for Office Investment: Report
The Mid-Year Office Investor Sentiment Report by Real Capital Markets finds investors are looking to make deals, with $200 billion in dry power yet to be deployed in commercial real estate.