WeWork
Southern Land Opens First Denver Office
Director of acquisitions Alex Woodin will be in charge of the new location and will relocate from the firm’s Nashville, Tenn., headquarters. Southern Land’s new branch is operating out of WeWork.
Cambridge Class A Building Changes Hands for $75M
Lincoln Property Co. and Chile-based Stars Investments acquired 625 Massachusetts Ave., a 122,104-square-foot office and retail property in the supply-constrained Central Square district.
WeWork Scores $4.4B Investment
SoftBank Group and the SoftBank Vision Fund will purchase new shares in the collaborative workspace company, while also financing its growth in China, Japan, Southeast Asia and Korea.
WeWork Signs New Lease in Lower Manhattan
The company is taking over four full floors at Trinity Centre and becoming the anchor tenant. The two-building office complex boasts a recently restored Gothic façade and marble-clad lobbies.
Short Stays: Why Temporary Rentals Are Becoming a Permanent Solution
The number of freelancers, temps, independent contractors and entrepreneurs is on the rise. According to the U.S. Bureau of Labor Statistics, such individuals will constitute 40 percent of the workforce over the next five years, up from 30 percent today.
Columbia Property Trust Completes Renovations at DC Office Building
The 285,000-square-foot 80 M St. in Washington, D.C. underwent a $3 million renovation that brought the building’s occupancy level to 94 percent.
WeWork-Anchored LA Landmark Sells for $43 Million
Sorgente Group sold the Fine Arts Building, a historic 115,902-square-foot office property in the city’s Financial District, which hit the market in September 2016.
WeWork Leases 60 KSF in the Heart of San Francisco
The company will occupy the fourth through seventh floors of Columbia Property Trust’s 650 California St.
Berkeley WeWork Building Changes Hands
The Class A, seven-story office property was originally constructed in 1983.
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