Ingka Group, the parent company of home furnishings retailer Ikea, is launching a coworking business in the US in a partnership with NYC-based Industrious.
Ingka Centres is preparing to open its first coworking franchise—to be known as Hej!Workshop—at a vacant San Francisco mall located at 945 Market Street, according to report in CoStar. The Ikea sister company will occupy 46K SF at the 250K SF mall.
The mall on Market Street has been vacant since construction was completed in 2016. Ingka Centres acquired 945 Market Street for $198M in 2020 and began construction on the Hej!Workshop facility last year.
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.
