Transwestern to Lease 498,484 Square Feet in Six WeWork Locations
April 28, 2021
CHICAGO – Transwestern Real Estate Services (TRS) announces it has been selected as the exclusive broker for WeWork, a global leader in flexible space solutions, in six buildings throughout Chicago. Executive Vice President Eric Myers, Senior Vice Presidents Kathleen Bertrand, Katie Steele and John Skalla, and Senior Associate Stephen Sevenich will provide leasing services on behalf of WeWork.
Ranging from individual suites to private floors to entire buildings, the WeWork spaces in Chicago include:
- 167 N. Green St. – 138,312 RSF in Fulton Market
- 448 N. LaSalle St. – 62,572 RSF in River North
- 625 W. Adams St. – 91,599 RSF in the West Loop
- 515 N. State St. – 122,339 RSF in River North
- 1115 W. Fulton St. – 15,196 RSF in Fulton Market
In today’s dynamic workplace environment, flexibility is the top priority for many companies looking for workspace. WeWork offers flexible lease terms and move-in-ready space complete with meeting rooms, on-site staff, unique common areas, phone booths, kitchens and business-class office amenities including printers and wireless connection. Additionally, tenants have access to the amenities that are unique to each building, such as fitness centers, bike rooms and on-site parking.
“Building upon WeWork’s brand recognition and well-known product, we’ve created a solution to make the lease process simpler and more competitive,” said Myers. “It’s a partnership well-positioned for success. This is a great opportunity for users looking for flexible space, flexible terms and excellent amenities.”
Over the past year, WeWork has invested in updating its entire portfolio of over 800 buildings to adjust for social distancing protocol and enhanced safety features. Because of these efforts, WeWork’s health and safety measures, response plans and space modifications have been independently audited and endorsed by Bureau Veritas, and the company has been awarded a certificate of conformity.
WeWork was founded in 2010 with the vision to create environments where people and companies come together and do their best work. Since opening our first location in New York City, we’ve grown into a global flexible space provider committed to delivering technology-driven flexible solutions, inspiring spaces, and unmatched community experiences. Today, we’re constantly reimagining how the workplace can help everyone, from freelancers to Fortune 500s, be more motivated, productive, and connected. For more information about WeWork, please visit us at wework.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. An integrated approach formed from fresh ideas drives value for clients across commercial real estate services, development, investment management and opportunistic programs for high-net-worth investors. The firm operates through 34 U.S. offices and global alliances with BNP Paribas Real Estate and Devencore. Learn more at transwestern.com and @Transwestern