WeWork Selects JLL as Leasing Agent in Denver
Coworking is making a comeback. JLL announced this week that WeWork has selected them as the leasing agent for 38 locations in seven cities nationally, including its locations in metro Denver. In this role, the Denver office will act as an extension of WeWork’s in-house sales team, providing agency leasing for small occupiers as well as enterprise companies seeking creative and flexible solutions.
JLL Managing Directors Michael Crane and Andy Ross, and Senior Associate Bo Pitto from the JLL Denver office will lead the assignment locally. In addition to Denver, JLL will market and lease co-working and flexible space in New York City, Boston, Atlanta, Dallas, Phoenix and San Francisco.
The availability of office space and sublease space has increased significantly during the past year. However, flex space has become increasingly attractive as it provides a wide array of additional options and flexibility to companies that may need to pivot as conditions change. Now more than ever, businesses are hoping to adjust quickly to the “new normal” and WeWork can provide a turnkey solution that businesses of all sizes can scale as necessary, as their workforce evolves.
“We are excited to work alongside JLL during this time of rapid change in the office environment,” said Shyam Gidumal, president and chief operating officer of WeWork. “JLL’s deep industry knowledge, experience, and relationships will enable us to connect with the expanding range of small to large enterprise tenants who can benefit from WeWork’s portfolio of flexible space offerings.”
“Flexible office space was in high demand and extremely well occupied in Denver before the pandemic and it will be in even greater demand as we emerge from it,” said Crane. “WeWork gives companies a link back into physical office occupancy, with all of the amenities and efficiencies they need to assimilate to new market norms and to create and deploy long-term strategies for growth.”
WeWork currently has six coworking locations in Denver at Financial House, Wells Fargo Center, Tabor Center, The Circa Building, The Lab, and the Triangle Building.