{"id":1004723895,"date":"2024-08-05T08:59:51","date_gmt":"2024-08-05T16:59:51","guid":{"rendered":"https:\/\/www.commercialsearch.com\/news\/?p=1004723895"},"modified":"2024-08-05T08:59:53","modified_gmt":"2024-08-05T16:59:53","slug":"simplerspace-opens-3rd-coworking-location","status":"publish","type":"post","link":"https:\/\/www.commercialsearch.com\/news\/simplerspace-opens-3rd-coworking-location\/","title":{"rendered":"SimplerSpace Opens 3rd Coworking Location"},"content":{"rendered":"\n<p><\/p>\n\n\n<div class=\"wp-block-image\">\n<figure class=\"alignright size-full is-resized\"><a href=\"https:\/\/www.commercialsearch.com\/news\/wp-content\/uploads\/sites\/46\/2024\/08\/11168-e1722605808893.jpg\"><img loading=\"lazy\" decoding=\"async\" width=\"1000\" height=\"750\" data-attachment-id=\"1004723896\" data-permalink=\"https:\/\/www.commercialsearch.com\/news\/simplerspace-opens-3rd-coworking-location\/attachment\/11168\/\" data-orig-file=\"https:\/\/www.commercialsearch.com\/news\/wp-content\/uploads\/sites\/46\/2024\/08\/11168-e1722605808893.jpg\" data-orig-size=\"1000,750\" 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;\\u00a9 Yardi Systems, Inc.&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=\"11168\" data-image-description=\"&lt;p&gt;Chino Corporate Center&lt;\/p&gt;\n\" data-image-caption=\"&lt;p&gt;Chino Corporate Center. Image courtesy of CommercialEdge&lt;\/p&gt;\n\" data-large-file=\"https:\/\/www.commercialsearch.com\/news\/wp-content\/uploads\/sites\/46\/2024\/08\/11168-e1722605808893.jpg?w=1000\" src=\"https:\/\/www.commercialsearch.com\/news\/wp-content\/uploads\/sites\/46\/2024\/08\/11168-e1722605808893.jpg\" alt=\"Chino Corporate Center\" class=\"wp-image-1004723896\" style=\"width:400px\" srcset=\"https:\/\/www.commercialsearch.com\/news\/wp-content\/uploads\/sites\/46\/2024\/08\/11168-e1722605808893.jpg 1000w, https:\/\/www.commercialsearch.com\/news\/wp-content\/uploads\/sites\/46\/2024\/08\/11168-e1722605808893.jpg?resize=300,225 300w, https:\/\/www.commercialsearch.com\/news\/wp-content\/uploads\/sites\/46\/2024\/08\/11168-e1722605808893.jpg?resize=768,576 768w\" sizes=\"auto, (max-width: 1000px) 100vw, 1000px\" \/><\/a><figcaption class=\"wp-element-caption\">Chino Corporate Center came online in 1991.<em> Image courtesy of CommercialEdge<\/em><\/figcaption><\/figure><\/div>\n\n\n<p>SimplerSpace has opened its third coworking location. The 13,500-square-foot space is at Chino Corporate Center, a 58,573-square-foot office building in Chino, Calif. The flex office provider also operates in Carlsbad, Calif., and Placentia, Calif.<\/p>\n\n\n\n<p>The owner of the four-story, Class A office asset is Foothill Accountable Care Medical Group. The firm picked up the property in 2022 for $15.1 million from The Fulcrum Group, according to CommercialEdge information. <\/p>\n\n\n\n<p>SimplerSpace occupies the property\u2019s entire fourth floor, providing 50 offices and suites. The firm teamed up with building manager Map Realty Group and contractor Dutchmen Construction to guide the space improvement process. Upgrades included the addition of common areas and lobbies upgrades, as well as new flooring, additional conference rooms and the expansion of the break room and lobby spaces.<\/p>\n\n\n\n<hr class=\"wp-block-separator has-text-color has-cyan-bluish-gray-color has-alpha-channel-opacity has-cyan-bluish-gray-background-color has-background is-style-wide\"\/>\n\n\n\n<p><strong>READ ALSO:<\/strong> <a href=\"https:\/\/www.commercialsearch.com\/news\/as-office-pipeline-shrinks-existing-class-a-buildings-should-benefit\/\">As Office Pipeline Shrinks, Existing Class A Buildings Should Benefit<\/a><\/p>\n\n\n\n<hr class=\"wp-block-separator has-text-color has-cyan-bluish-gray-color has-alpha-channel-opacity has-cyan-bluish-gray-background-color has-background is-style-wide\"\/>\n\n\n\n<p>Located at 14726 Ramona Ave., Chino Corporate Center is LEED Gold-certified. Completed in 1991 and renovated in 2015, the office building also features solar energy services, 24-hour card key access and signage options.<\/p>\n\n\n\n<p>Other tenants include Transamerica Financial Advisors, King Realty Group, Coastal Vision Medical Group, InsurTech Insurance Solutions and EJD Engineering Inc., the same source shows. <\/p>\n\n\n\n<p>The approximately 3-acre property is close to Chino Airport, 12 miles from Ontario International Airport, and within 35 miles of downtown Los Angeles. <\/p>\n\n\n\n<h2 class=\"wp-block-heading\" id=\"h-the-coworking-sector-grows-over-the-quarter\">The coworking sector grows over the quarter<\/h2>\n\n\n\n<p>In the first quarter of 2024 there was a 6 percent increase in the national coworking supply, followed by another 7 percent growth in the second quarter, representing 444 more locations throughout the U.S., a <a href=\"https:\/\/www.coworkingcafe.com\/blog\/national-coworking-report-q1-2024\/\">recent CoworkingCafe report<\/a> shows. <\/p>\n\n\n\n<p>Los Angeles secured the top spot across the top 25 markets in the U.S. for inventory growth, with 279 coworking spaces so far. The metro outpaced Dallas-Fort Worth (271 spaces) and Manhattan (264 spaces), the national leader until the end of 2023.<\/p>\n\n\n\n<p>In one of the more recent Los Angeles coworking deals, Industrious <a href=\"https:\/\/www.commercialsearch.com\/news\/industrious-expands-la-coworking-footprint\/\" target=\"_blank\" rel=\"noreferrer noopener\">expanded its footprint<\/a> with a 19,000-square-foot lease at the North Tower of Watt Plaza, a 476,120-square-foot office building in Century City, Calif. The tenant entered into a 10-year agreement for a full floor with landlord Watt Cos.<\/p>\n","protected":false},"excerpt":{"rendered":"<p>The flex office provider occupies a full floor at a LEED Gold-certified property.<\/p>\n","protected":false},"author":2991,"featured_media":1004723896,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"_acf_changed":false,"_jetpack_memberships_contains_paid_content":false,"footnotes":""},"categories":[21784,52118,34027,21742,15],"tags":[52464],"class_list":["post-1004723895","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-brokerage","category-coworking","category-inland-empire","category-latest","category-west","tag-simplerspace"],"acf":[],"yoast_head":"<!-- This site is optimized with the Yoast SEO Premium plugin v23.4 (Yoast SEO v24.6) - https:\/\/yoast.com\/wordpress\/plugins\/seo\/ -->\n<title>SimplerSpace Opens 3rd Coworking Location - Commercial Property Executive<\/title>\n<meta name=\"description\" content=\"SimplerSpace opened its third coworking location, totaling 13,500 square feet, at Chino Corporate Center in Chino, Calif.\" \/>\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<link rel=\"canonical\" href=\"https:\/\/www.commercialsearch.com\/news\/simplerspace-opens-3rd-coworking-location\/\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"SimplerSpace Opens 3rd Coworking Location\" \/>\n<meta property=\"og:description\" content=\"SimplerSpace opened its third coworking location, totaling 13,500 square feet, at Chino Corporate Center in Chino, Calif.\" \/>\n<meta property=\"og:url\" content=\"https:\/\/www.commercialsearch.com\/news\/simplerspace-opens-3rd-coworking-location\/\" \/>\n<meta property=\"og:site_name\" content=\"Commercial Property Executive\" \/>\n<meta property=\"article:publisher\" content=\"https:\/\/www.facebook.com\/CPExecutive\" \/>\n<meta property=\"article:published_time\" content=\"2024-08-05T16:59:51+00:00\" \/>\n<meta property=\"article:modified_time\" content=\"2024-08-05T16:59:53+00:00\" \/>\n<meta property=\"og:image\" content=\"https:\/\/www.commercialsearch.com\/news\/wp-content\/uploads\/sites\/46\/2024\/08\/11168-e1722605808893.jpg\" \/>\n\t<meta property=\"og:image:width\" content=\"1000\" \/>\n\t<meta property=\"og:image:height\" content=\"750\" \/>\n\t<meta property=\"og:image:type\" content=\"image\/jpeg\" \/>\n<meta name=\"author\" content=\"Simona Tudose\" \/>\n<meta name=\"twitter:card\" content=\"summary_large_image\" \/>\n<meta name=\"twitter:creator\" content=\"@cpexecutive\" \/>\n<meta name=\"twitter:site\" content=\"@cpexecutive\" \/>\n<script type=\"application\/ld+json\" class=\"yoast-schema-graph\">{\"@context\":\"https:\/\/schema.org\",\"@graph\":[{\"@type\":\"WebPage\",\"@id\":\"https:\/\/www.commercialsearch.com\/news\/simplerspace-opens-3rd-coworking-location\/\",\"url\":\"https:\/\/www.commercialsearch.com\/news\/simplerspace-opens-3rd-coworking-location\/\",\"name\":\"SimplerSpace Opens 3rd Coworking Location - Commercial Property Executive\",\"isPartOf\":{\"@id\":\"https:\/\/www.commercialsearch.com\/news\/#website\"},\"primaryImageOfPage\":{\"@id\":\"https:\/\/www.commercialsearch.com\/news\/simplerspace-opens-3rd-coworking-location\/#primaryimage\"},\"image\":{\"@id\":\"https:\/\/www.commercialsearch.com\/news\/simplerspace-opens-3rd-coworking-location\/#primaryimage\"},\"thumbnailUrl\":\"https:\/\/www.commercialsearch.com\/news\/wp-content\/uploads\/sites\/46\/2024\/08\/11168-e1722605808893.jpg\",\"datePublished\":\"2024-08-05T16:59:51+00:00\",\"dateModified\":\"2024-08-05T16:59:53+00:00\",\"author\":{\"@id\":\"https:\/\/www.commercialsearch.com\/news\/#\/schema\/person\/4659e2337f06b61cefc6b0b897d183a4\"},\"description\":\"SimplerSpace opened its third coworking location, totaling 13,500 square feet, at Chino Corporate Center in Chino, Calif.\",\"breadcrumb\":{\"@id\":\"https:\/\/www.commercialsearch.com\/news\/simplerspace-opens-3rd-coworking-location\/#breadcrumb\"},\"inLanguage\":\"en-US\",\"potentialAction\":[{\"@type\":\"ReadAction\",\"target\":[\"https:\/\/www.commercialsearch.com\/news\/simplerspace-opens-3rd-coworking-location\/\"]}]},{\"@type\":\"ImageObject\",\"inLanguage\":\"en-US\",\"@id\":\"https:\/\/www.commercialsearch.com\/news\/simplerspace-opens-3rd-coworking-location\/#primaryimage\",\"url\":\"https:\/\/www.commercialsearch.com\/news\/wp-content\/uploads\/sites\/46\/2024\/08\/11168-e1722605808893.jpg\",\"contentUrl\":\"https:\/\/www.commercialsearch.com\/news\/wp-content\/uploads\/sites\/46\/2024\/08\/11168-e1722605808893.jpg\",\"width\":1000,\"height\":750,\"caption\":\"Chino Corporate Center. 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