Brookfield partners with workspace provider Convene

Los Angeles /
Oct.October 06, 2017 06:00 PM

Brookfield Property Partners is welcoming a new tenant.

The landlord is partnering with meeting-space provider Convene on several of its Downtown Los Angeles office properties, the Commercial Observer reported.

Convene will launch in Brookfield’s Wells Fargo Center at 333 South Grand Avenue and its 777 Tower at 777 South Figueroa Street in early 2018, according to Convene’s website. Other locations have not yet been disclosed.

Convene designs and manage workspaces, on-demand meetings and events. The company also provides food and beverage services, planning and production support and a mobile app for tenants.

The Brookfield partnership will mark Convene’s first entrance into the West Coast market, expanding its portfolio of locations that include New York City, Boston and Philadelphia.

Brookfield, which owns $65 billion in total assets, was an early investor in the office provider. The company anchored Convene’s $20 million Series B and $68 million Series C fundraising in 2016 and 2017, respectively.

The partnership comes on the heels of WeWork’s recent decision to partner with hospitality leader Airbnb, reflecting a larger push towards hospitality-centric offices. [CO] – Natalie Hoberman


Related Articles

arrow_forward_ios
Granite CEO Michael Dardick and Industrious CEO Jamie Hodari

Industrious partners with landlords to offer tenants satellite workplaces

Industrious partners with landlords to offer tenants satellite workplaces
Colorado Campus at 2041-2115 Colorado Avenue and Northwestern Mutual CEO John E. Schlifske

Northwestern Mutual picks up Santa Monica office campus for $166M

Northwestern Mutual picks up Santa Monica office campus for $166M
Prop 15 property tax measure draws millions (Credit: iStock)

Prop 15 property tax measure draws millions of dollars from for and against campaigns

Prop 15 property tax measure draws millions of dollars from for and against campaigns
California is allowing barbershops and salons to reopen under new coronavirus mitigation guidelines (Credit: Noam Galai/Getty Images)

California allows barbershops to reopen, but LA holds back

California allows barbershops to reopen, but LA holds back
California Market Center (Credit: Brookfield)

Brookfield lawsuit: Mom-and-pop retailers unfashionably late in paying rent

Brookfield lawsuit: Mom-and-pop retailers unfashionably late in paying rent
LA County assessor Jeffrey Prang

LA County properties valued at nearly $2 trillion…before pandemic

LA County properties valued at nearly $2 trillion…before pandemic
Brookfield Asset Management CEO Bruce Flatt

Brookfield scoops up Carson industrial properties for $64M

Brookfield scoops up Carson industrial properties for $64M
First District Supervisor Hilda Solis (Credit: Rebecca Sapp/Getty Images)

LA County select reopening target date for restaurants and retailers

LA County select reopening target date for restaurants and retailers
arrow_forward_ios

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

Loading...