Westchester One office building, White Plains, NY. Photo Credit: Argent Ventures
RYE, NY—Co-working firm Serendipity Labs reports its efforts to expand its offerings in suburban and secondary markets continues with planned openings at properties in White Plains and Buffalo, NY, a suburb of Milwaukee and a location in Downtown Cincinnati.
The company announced three new management contracts and a letter of intent in a fourth market in connection with its expansion program.
The Westchester County, NY-based firm reports that Argent Ventures of New York City will open a 20,000-square-foot location on two floors a the Westchester One office building in Downtown White Plains in the second quarter of 2019.
Serendipity also states that Ciminelli Real Estate Corp. will open a 20,000-square-foot lab in Buffalo, New York in late 2019. In the Wauwatosa suburb of Milwaukee County, HSA Commercial Real Estate of Chicago will open a 32,000-square-foot location at 11220 W. Burleigh St., Suite 100, in the Mayfair Collection mixed-used development. The co-working space is set to open in the second quarter of 2019.
In addition, Serendipity Labs has a license agreement letter of intent for a location in Downtown Cincinnati, Ohio. Serendipity did not divulge the size of the location planned or the location of the co-working space there.
“We support the strategic real estate initiatives of our client companies by providing an alternative to long-term leases across their entire business footprint, which is why we are expanding in suburbs and secondary markets along with urban areas,” says John Arenas, chairman and CEO, Serendipity Labs. “Partnering with leading asset owners is one way to assure businesses will have access to an expansive, interconnected network they can trust – wherever their workforce and clients take them.”
Serendipity Labs has attracted more than $100 million from institutional investors and area development partners to expand its brand and network. The firm has 30 locations open and under construction, and more than 125 under development.
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John Jordan
John Jordan is a veteran journalist with 36 years of print and digital media experience.
