Co-working firm Industrious signs three Manhattan leases

The new spaces will triple the coworking firm's New York footprint

New York /
Jan.January 17, 2019 05:16 PM

From left: Industrious CEO Jamie Hodari, 325 Hudson Street, 1411 Broadway, and 215 Park Avenue South (Credit: LoopNet and Google Maps)

Industrious, the New York-based co-working firm, is expanding its footprint in the city in a move the company has been reluctant to make until now.

The firm announced Thursday that it had signed new leases at 325 Hudson Street and 1411 Broadway. A third lease agreement, at 215 Park Avenue South, expands the firm’s current footprint at its Union Square location.

At the Hudson Street location, the firm partnered on the lease with Jamestown LP, which will become the tenant at the site. It is the fourth such agreement the companies have made together.

The new leasing deals for Industrious follow an expansion by competitor Spaces, the Dutch co-working firm owned by IWG, which signed an 84,000 square foot lease at 31 Penn Plaza this month. WeWork also announced this week that it had signed four new locations for its HQ By WeWork service, which caters to mid-sized tenants.

Industrious, which is led by co-founders Jamie Hodari and Justin Stewart, currently has 60 locations across the country. The new suites will be used for its Canvas service, which targets tenants looking for customizable spaces for companies with more than 20 employees, Hodari said in a statement.


Related Articles

arrow_forward_ios
Nearly half of new shops in 2021 will be dollar stores. (Getty)
2021 is raining dollar stores
2021 is raining dollar stores
National chains and mom-and-pop stores are seeing increasing sales per square foot and shrinking occupancy costs (Getty)
National chains paid 93% of rent in April
National chains paid 93% of rent in April
(RIPCO, iStock)
Target, Five Below, Smashburger open in new Brooklyn shopping center
Target, Five Below, Smashburger open in new Brooklyn shopping center
Close to 80 hotels with more than 13,000 rooms plan to open in 2021. (iStock)
Big year seen for hotel openings, despite few visitors
Big year seen for hotel openings, despite few visitors
Savanna’s Christopher Schlank and Nicholas Bienstock with a rendering of 141 Willoughby Street (Savanna; SLCE Architects; Fogarty Finger Architects)
Savanna nabs $264M loan for Downtown Brooklyn office project
Savanna nabs $264M loan for Downtown Brooklyn office project
Blackstone president Jon Gray and the Blackstone headquarters at 345 Park Avenue in NYC (Getty, Google Maps)
Blackstone sets office return for some vaccinated staffers
Blackstone sets office return for some vaccinated staffers
Slate Property Group's Martin Nussbaum and a rendering of the project
Hakimian, Certes land $59M loan for East Harlem multifamily project
Hakimian, Certes land $59M loan for East Harlem multifamily project
Watch TRD Brand Studio’s first-ever webinar on the new office normal
Optimizing the office: TRD Brand Studio webinar on the new workplace normal
Optimizing the office: TRD Brand Studio webinar on the new workplace normal
arrow_forward_ios

The Deal's newsletters give you the latest scoops, fresh headlines, marketing data, and things to know within the industry.

Loading...