{"id":1004343152,"date":"2019-08-01T01:39:13","date_gmt":"2019-08-01T09:39:13","guid":{"rendered":"https:\/\/www.commercialsearch.com\/news\/?p=1004343152"},"modified":"2021-05-15T05:05:56","modified_gmt":"2021-05-15T13:05:56","slug":"wework-secures-3rd-maryland-location","status":"publish","type":"post","link":"https:\/\/www.commercialsearch.com\/news\/wework-secures-3rd-maryland-location\/","title":{"rendered":"WeWork Secures 3rd Maryland Location"},"content":{"rendered":"<div id=\"attachment_1004343167\" style=\"width: 310px\" class=\"wp-caption alignright\"><a href=\"https:\/\/www.commercialsearch.com\/news\/wp-content\/uploads\/sites\/46\/2019\/08\/office-news-02.-Image-via-Pixabay.com_.png\" target=\"_blank\" rel=\"noopener\"><img decoding=\"async\" aria-describedby=\"caption-attachment-1004343167\" data-attachment-id=\"1004343167\" data-permalink=\"https:\/\/www.commercialsearch.com\/news\/wework-secures-3rd-maryland-location\/office-news-02-image-via-pixabay-com\/\" data-orig-file=\"https:\/\/www.commercialsearch.com\/news\/wp-content\/uploads\/sites\/46\/2019\/08\/office-news-02.-Image-via-Pixabay.com_.png\" data-orig-size=\"800,620\" data-comments-opened=\"0\" data-image-meta=\"{&quot;aperture&quot;:&quot;0&quot;,&quot;credit&quot;:&quot;&quot;,&quot;camera&quot;:&quot;&quot;,&quot;caption&quot;:&quot;&quot;,&quot;created_timestamp&quot;:&quot;0&quot;,&quot;copyright&quot;:&quot;&quot;,&quot;focal_length&quot;:&quot;0&quot;,&quot;iso&quot;:&quot;0&quot;,&quot;shutter_speed&quot;:&quot;0&quot;,&quot;title&quot;:&quot;&quot;,&quot;orientation&quot;:&quot;0&quot;}\" data-image-title=\"Image via Pixabay\" data-image-description=\"\" data-image-caption=\"&lt;p&gt;Image via Pixabay&lt;\/p&gt;\n\" data-large-file=\"https:\/\/www.commercialsearch.com\/news\/wp-content\/uploads\/sites\/46\/2019\/08\/office-news-02.-Image-via-Pixabay.com_.png?w=800\" loading=\"lazy\" class=\"wp-image-1004343167 size-medium\" src=\"https:\/\/www.commercialsearch.com\/news\/wp-content\/uploads\/sites\/46\/2019\/08\/office-news-02.-Image-via-Pixabay.com_.png\" alt=\"Image via Pixabay\" width=\"300\" height=\"233\" srcset=\"https:\/\/www.commercialsearch.com\/news\/wp-content\/uploads\/sites\/46\/2019\/08\/office-news-02.-Image-via-Pixabay.com_.png 800w, https:\/\/www.commercialsearch.com\/news\/wp-content\/uploads\/sites\/46\/2019\/08\/office-news-02.-Image-via-Pixabay.com_.png?resize=300,233 300w, https:\/\/www.commercialsearch.com\/news\/wp-content\/uploads\/sites\/46\/2019\/08\/office-news-02.-Image-via-Pixabay.com_.png?resize=768,595 768w\" sizes=\"auto, (max-width: 300px) 100vw, 300px\" \/><\/a><p id=\"caption-attachment-1004343167\" class=\"wp-caption-text\"><em>Image via Pixabay<\/em><\/p><\/div>\n<p>Coworking giant WeWork signed a lease at a development currently underway at 7272 Wisconsin Ave., securing its third location in Maryland. According to Yardi Matrix data, the contract was for 60,000 square feet of The Wilson, an office project that is already 80 percent leased. ProShares will occupy another 55,000 square feet. &nbsp;<\/p>\n<p>Located at 7272 Wisconsin Ave., The Wilson is part of a three-tower mixed-use development that includes 295-foot-tall structures with a total of 361,000 square feet of office space and a 456-unit multifamily component, known as The Elm. Amenities at the properties are slated to include a parking garage, fitness center, bike room, conference center and private terraces. The office portion will provide access to the new Purple Line transit stop, which is part of the light rail project that\u2019s under construction by the Maryland Transit Administration.<\/p>\n<p>JLL\u2019s Greg Lubar, Andy O\u2019Brien and Zach Boroson acted on behalf of WeWork in the lease negotiations, while Carr Properties was represented in-house by Spencer Stouffer and Jason Bockenek as well as Transwestern\u2019s Phillip McCarthy, Keith Foerya and Cricket Cleary.&nbsp;<\/p>\n<p>Carr Properties began working on The Wilson in the first quarter of 2017, with the project expected to come online in summer 2020. Recently, the company <a href=\"https:\/\/www.commercialsearch.com\/news\/carr-properties-breaks-ground-on-225-ksf-project-in-dc\/\">broke ground on a nearby Washington, D.C., office<\/a>, dubbed Signal House.<\/p>\n<h2>Coworking by the capital<\/h2>\n<p>WeWork has been gradually adding to its locations in Maryland within the last year. In August 2018, the workspace provider signed onto a location at a new development called Harbor Point at 1201 Wills St. in Baltimore, that is expected to come online next year. WeWork opened its first official Maryland outpost within the University of Maryland at 7761 Diamondback Drive last December. The coworking giant also has roughly a dozen locations in the nearby Washington, D.C., market, with more on the way.<\/p>\n","protected":false},"excerpt":{"rendered":"<p>The coworking company pre-leased 60,000 square feet at an upcoming development in Bethesda, which is slated for completion next summer.  <\/p>\n","protected":false},"author":883,"featured_media":1004343167,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"_acf_changed":false,"_jetpack_memberships_contains_paid_content":false,"footnotes":""},"categories":[21784,21743,21782,21808,11,21742,21747,1615],"tags":[33447,42461,32796,33313,33678],"class_list":["post-1004343152","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-brokerage","category-deals","category-development","category-featured","category-midatlantic","category-latest","category-office","category-washington-dc","tag-carr-properties","tag-coworking","tag-jll","tag-transwestern","tag-wework"],"acf":[],"yoast_head":"<!-- This site is optimized with the Yoast SEO Premium plugin v23.4 (Yoast SEO v24.6) - 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