WeWork is has spread to new zones in downtown Boston.
The co-working leader is leasing 100,000 square feet at 33 Arch Street, an office in Downtown Crossing. It’s the sixth Boston location for the continuously growing firm, which is quickly becoming a major service in Boston’s office market. It offers monthly leases on a small office or single desk, an arrangement becoming increasingly popular with many.
While WeWork initially opened here in older brick-and-beam buildings near South Station, this is the second recent example of the co-working firm taking the sort of high-rise office space more typically associated with blue-chip tenants such as law firms and major banks.
At 33 Arch, WeWork will occupy about half of the space being vacated by ad firm Digitas, which is moving to a newly renovated building at 40 Water St. that is scheduled to open by year’s end.
For the landlord, the coming and going associated with a bustling co-working space can enliven a lobby and create a different mix of tenants than the typical corporate offices.
Read more here
Join us in Bangkok from the 28th of February to the 1st of March for the 22nd Property Portal Watch Conference. The theme for this year is The Future of Online Real Estate Marketing – Getting Closer to the Transaction.