Office

West Coast office investors are looking beyond the CBD—and even the city—to reap greater returns.

The co-working company provides insights to GlobeSt.com on why it chose this location.

The new ferry route begins in the Soundview section of the Bronx and makes stops at the new East 90th Street landing, East 34th Street landing and ends at Pier 11/Wall Street.

Industrious currently operates three offices in Chicago in Evanston, Fulton Market and River North.

The company states the sale resulted in a total return to the investors of 142.10% (calculated based on the aggregate amount of original capital invested in the property).

The real estate advisory firm states the portfolio was 100% occupied at the time of the sale and traded for a total value of $2.755 million.

Company officials say the $500-million fund is one of the largest in the nation, and the only one of its kind in the state of Colorado.

WeWork has emerged as the clear front runner in coworking and is also a top tenant in some of the largest loans securitized in CMBS deals, according to Kroll Bond Rating Agency.