PHILADELPHIA, PA—Capitalizing on the Philadelphia tech startup community's romance with coworking facilities, Kushner Companies has signed WeWork, a co-working space provider, to more than 30,000 square feet at The Piazza in the Northern Liberties section of Philadelphia, PA.
Coworking spaces allow entrepreneurial startup companies to rent small amounts of work space, either in common work areas or in small offices. The cross-fertilization of ideas that occurs when entrepreneurs work alongside each other has driven a number of successful Philadelphia startup stories, but WeWork joins a crowded coworking marketplace in Center City that already includes category pioneer Indy Hall, Benjamin's Desk, The Hive Philly, CultureWorks Greater Philadelphia, and a number of others, including The Bunker, which opened at Benjamin's Desk earlier this week to provide space for military veteran-owned startups, with sponsorship by local media giant Comcast Corporation.
Kushner says the new lease marks another step in the company's ongoing transformation of The Piazza into a vibrant live/work community.
Continue Reading for Free
Register and gain access to:
- Breaking commercial real estate news and analysis, on-site and via our newsletters and custom alerts
- Educational webcasts, white papers, and ebooks from industry thought leaders
- Critical coverage of the property casualty insurance and financial advisory markets on our other ALM sites, PropertyCasualty360 and ThinkAdvisor
Already have an account? Sign In Now
© 2024 ALM Global, LLC, All Rights Reserved. Request academic re-use from www.copyright.com. All other uses, submit a request to [email protected]. For more information visit Asset & Logo Licensing.