WeWork Bringing Agile Workspaces to Greater Phoenix: National Innovator in Serviced Office to Enter Market with Three Locations

April 26, 2019

WeWork, the New York-based innovator in agile workspaces, is entering the Greater Phoenix marketplace with three premier locations.  The spaces will be located in Camelback Esplanade at 24th Street and Camelback Road, and at 101 N. 1st Ave, as well as in Tempe at the prestigious Watermark development with additional locations planned. Colliers International Group Inc., the fastest-growing publicly-listed global real estate services and investment management company, announced today that it had been appointed to lead leasing efforts for WeWork for their Phoenix portfolio.

 

WeWork was formed in 2010 with the goal of building more than a great shared office space. 

Cofounders Adam Neumann and Miguel McKelvey  envisioned a comprehensive solution that can be used by companies of all stages and sizes. Today, 30% of Fortune 500 companies utilize WeWork for its design, operational, and geographic expertise. WeWork’s footprint continues to grow from its current 425 locations in 100 different cities at a rate of +2M square feet per month.

 

While member companies focus on their core business, WeWork delivers expertly designed space and services that scale with the demands of modern enterprises. Globally, WeWork serves several thousand members in full floor or full building transactions. In Phoenix, WeWork is building out its locations with single-member occupancies in mind. WeWork expects several floors to be secured exclusively by single companies.  

 

“The sophistication of the Phoenix office market has elevated significantly during this recent real estate cycle,” says Ryan Timpani, executive vice president with Colliers International in Arizona. “We have become a hub for start-ups and expanding companies in the technology and professional sectors.  The WeWork brand and lifestyle brings a flexible and contemporary opportunity to Greater Phoenix for end users of space that is sure to be eagerly welcomed by businesses in every industry.”

 

 

Timpani, Todd Noel, senior executive vice president, Kyle Campbell, associate vice president, and Nick Bialkowski, associate, will serve as exclusive membership agents for the WeWork locations in Greater Phoenix.  The first WeWork location scheduled to open will be at Camelback Esplanade, 2425 E. Camelback Rd.  The company has leased over 46,000 square feet and will offer 919 desks at the building.  WeWork plans to open this location in August 2019. 

 

Share on Facebook
Share on Twitter
Please reload

About Us

Arizona Contractor & Community magazine has become a vital forum for the state’s building industry by providing critical information and exposure to companies in the field. Moreover, the publication has expanded beyond traditional construction, architecture, and real estate topics and has found an audience with those who have fresh ideas on adaptive reuse of historic buildings or making new developments more community-friendly and sustainable.

  • Black Facebook Icon
Never Miss a Post!
Recent Posts:

NORLAND AT KENSINGTON BY WOODSIDE HOMES GRANTED 2019 BEST OF GILBERT AWARD

November 19, 2019

SRP to Cut Emissions Through Major Solar + Battery Energy Purchase

November 18, 2019

NOVO Development Completes Student Housing and Student Union for Ottawa University

November 15, 2019

1/17
Please reload

Serving the Construction & Engineering firms of Arizona... and those who admire their work!

  • LinkedIn - White Circle
  • Facebook - White Circle

© 2019 by Arizona Contractor & Community

  • Facebook - Black Circle
  • Instagram - Black Circle
  • LinkedIn - Black Circle