New kid on The Bloc: Carr co-working opens first LA outpost

Carr Workplaces inked a lease at The Bloc, the mixed-use mega complex in DTLA, joining a crowded co-working market

TRD LOS ANGELES /
Mar.March 07, 2019 09:00 AM
Carr Workplaces downtown Los Angeles renderings (Credit: Carr Workplaces)

Add another co-working space to Downtown Los Angeles’ growing stock.

Carr Workplaces has inked a lease for its first L.A. location, a 24,000-square-foot space at the massive mixed-use property, The Bloc, according to the Los Angeles Business Journal. The Washington, D.C.-based company will open the location in the spring.

The firm joins a crowded market for co-working space Downtown. WeWork announced last month it was leasing 78,000 square feet on South Broadway. And in January, Industrious said it was leasing 22,300 square feet at the Citigroup Center.

CommonGrounds and Cross Campus have also both been in talks in recent months to occupy more space in DTLA.

The Carr lease is a win for National Real Estate Advisors, the firm that owns the Bloc. The property has had a number of setbacks since NREA acquired it in 2013 and redeveloped it together with the Ratkovich Company. Ratkovich sold its stake to NREA last April and now the tide appears to be turning. Fast fashion retailer Uniqlo signed a 15,000-square-foot anchor lease there in May.

Carr has two locations in Orange County along with two-dozen throughout the country. The bulk of its properties are in Washington, D.C., and Virginia. But others include San Francisco, Chicago and New York, according to its website. [LABJ]Dennis Lynch


Related Articles

arrow_forward_ios
Jose Huizar gave new details Monday on Pershing Square redesign (Credit: Getty Images and Wikipedia)

An embattled Jose Huizar revives Pershing Square redesign

LA promo

Coming Soon: The Real Deal Los Angeles’ Winter 2020 issue!

From left: Howard Schwimmer and Michael S. Frankel, with 1601 W. Mission Boulevard and 2757 E. Del Amo Boulevard (Credit: Google Maps)

Rexford Industrial adds to LA portfolio with $100M in acquisitions

Andrew McDonald and At Mateo in the Arts District

Cushman’s West Coast chief talks expansion, DTLA market, the death of the starving baby broker & more

3339 Exposition Blvd. and Asher Luzzatto

Luzzatto Co. assembling creative office hub in West Adams

Jason Illoulian and the Cemex plant

Faring makes $30M assemblage play on WeHo/LA border

From left: Hiten Samtani, Bridgid Coulter of Blackbird, Kat Lau from Industrious and Jim Doorne of IWG

What’s next for the co-working business?

From left: Nuveen CEO Vijay Advani, Graymark founder/CEO Brian Hecktman

Graymark, Nuveen pay $97M for El Segundo creative office

arrow_forward_ios
Loading...