Transwestern to Represent 225,000 SF in Two Convene Locations
May 16, 2023
CHICAGO – Transwestern Real Estate Services (TRS) announces it has been selected as the exclusive broker for Convene, a hospitality company that designs and manages premium meeting, event, and flexible office spaces, for its two flexible workplace locations in Chicago. Transwestern Executive Managing Director Larry Serota, Executive Vice President Mark Buth and Associate Elizabeth Schoenheider negotiated this strategic partnership. Buth and Schoenheider, along with Senior Associate John Nelson, will help broker office transactions for the flexible office provider.
Convene’s flexible office spaces in Chicago include:
- 311 W. Monroe St. – 118,00 square feet in Central Loop
- 333 N. Green St. – 107,000 square feet in Fulton Market
“We are thrilled to be representing these two unique office experiences. Both locations differ in terms of the surrounding areas and cater perfectly to different demographics of tenants,” said Buth. “For those looking for the urban lifestyle, 333 N. Green St. offers all the appeal of Fulton Market with its new businesses, restaurants and developments. Meanwhile, 311 W. Monroe St. is perfect for tenants looking to be in the midst of the conveniences of the Loop, including its great access to all forms of transportation.”
As a premium provider of flexible workspace solutions, Convene offers private work suites for teams of 10 or more. Each suite comes standard with sit-stand desks with privacy screens, ergonomic desk chairs, personal filing cabinets, and shelving; members also have access to Convene’s WorkPlace Design Team for additional customization options, including in-suite branding. WorkSuites at Convene allow companies to provide a fully activated and elevated workplace experience, including on-site office management, basic office supplies, unlimited snacks and beverages, events and networking opportunities, thoughtfully designed communal work areas and conference rooms, and more. The membership also offers flexible terms and the ability to scale office space up or down as needed.
Convene members will enjoy access to unique building amenities at both Chicago locations. 333 N. Green Street offers a full-floor lounge, outdoor deck, coffee bar, tenant library, game tables, fitness center, in-building parking and café. 311 W. Monroe St. features tenant-exclusive amenities, including a bowling alley, fitness center, event space with a bar, game tables and music studio.
Transwestern has previously partnered with Convene in Washington, D.C., with Serota working alongside Senior Vice President Erin Kurucza and Vice President Collin Brown, where they represented Convene’s downtown location.
“Chicago’s Class A buildings are outperforming all other asset classes,” said Rebecca Green, Vice President of WorkPlace sales at Convene. “The flight-to-quality demonstrates that companies are looking for half the space with twice the experience, and that is what Convene provides. We consider ourselves a hospitality company first and foremost and look forward to working with Transwestern Real Estate Services to further position Convene as the ultimate workplace solution for companies in the Chicago area.”
Images courtesy of Convene available for download here. Photo credit is: Courtesy of Convene.
Convene is a premium hospitality company that designs and operates meeting, event, flexible office, and membership spaces. In 2023, the company acquired etc.venues, an established leader in urban day conferencing, growing its global network to 39 locations across nine cities in the U.S. and UK. Convene thoughtfully combines beautiful yet intuitive design, fully-integrated technology services, and a warm and welcoming environment to create a turnkey solution for extraordinary meeting and work experiences. Founded in 2009 with the goal of bringing hospitality and lifestyle into traditional commercial real estate assets, Convene partners with the industry’s top landlords to deliver increased value to their assets and premium experiences to their tenants. The company counts Hudson’s Bay Company, Ares, and RXR Realty among its investors, and has been named one of America’s 100 Most Promising Companies by Forbes and a Best Workplace by Inc. magazine, Fortune magazine, and Built In. Learn more at https://convene.com/.
About Transwestern Real Estate Services
Transwestern Real Estate Services (TRS) adds value for investors, owners and occupiers of all commercial property types through a comprehensive perspective and by providing solutions grounded in sound market intelligence. Part of the Transwestern companies, the firm applies a consultative approach to Agency Leasing, Asset Services, Tenant Advisory + Workplace Solutions, Capital Markets, and Research & Investment Analytics.
The privately held Transwestern companies have been delivering a higher level of personalized service and innovative real estate solutions since 1978. Through an integrated, customized approach that begins with good ideas, the firm drives value for clients across commercial real estate services, development, investment management, and opportunistic endeavors for high-net-worth investors. Operating from 33 U.S. offices, Transwestern extends its platform capabilities globally through strategic alliance partners whose unique geographic, cultural, and business expertise fuels creative solutions. Learn more at transwestern.com and @Transwestern.