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Industrious Sets Up Shop in San Diego

| Commercial Real Estate News, Coworking, Leasing| Views: 0

As part of its expansion plan, premium flex space provider Industrious is opening new offices in several cities in the United States. In partnership with Seritage Growth Properties, the coworking company will bring premium workspaces to five locations within the Seritage portfolio. The first location to open is in La Jolla, California.

Industrious’ first lease was inked at The Collection in San Diego, a large-scale redevelopment of the old Sears box at Westfield UTC. National retail and mixed-use developer Seritage Growth Properties, who spearheads the extensive retail project, partnered with Industrious to bring 29,000 square feet of premium coworking space to their development.

“Industrious is a wonderful complement to the integrated mixed-use environments we are curating throughout our portfolio,” said Benjamin Schall, President and CEO of Seritage Growth Properties. “Our differentiated settings provide Industrious customers with enhanced amenities surrounded with food and dining, health and wellness, and complimentary retail experiences. These synergies are at the forefront of the transformation of retail redevelopment.”

The new coworking office is expected to open by the end of 2020. The expansion to San Diego comes after Industrious built its presence in Los Angeles and Irvine. By the end of the year, a separate Industrious site in the 1 Columbia Place building at 401 W. A St. in San Diego will also open for business.

Industrious has a member-centric, hospitality-driven approach, and the company is known for its uniquely designed spaces that boost productivity. The firm’s entire U.S. portfolio includes 75 locations in 40 cities. Its membership includes companies such as Hyatt, Lyft, Pinterest and more.

“Industrious has been at the forefront of bringing flexible workspace to vibrant mixed-use settings and we are proud to be partnering with Seritage Growth Properties to continue to expand this offering across the country,” said Justin Stewart, president and co-founder of Industrious. “The demand for an integrated community of work, life, and shopping is growing and, with Seritage, we have found a like-minded, innovative partner who shares our vision in creating high-quality customer experiences.”

Industrious also opened two offices recently in Philadelphia and Charlotte.

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