IWG plc

Class A Office Tower Financial Center at the Gardens Executes 56,500 SF of Office Leases YTD in Palm Beach Gardens, Florida, Increasing Building Occupancy to Nearly 97%

Retrieved on: 
Wednesday, August 24, 2022

Financial Center at the Gardens, a 10-story Class A office building located at 3801 PGA Boulevard in Palm Beach Gardens, FL, was purchased by an institutional client of New York Life Real Estate Investors in 2019.

Key Points: 
  • Financial Center at the Gardens, a 10-story Class A office building located at 3801 PGA Boulevard in Palm Beach Gardens, FL, was purchased by an institutional client of New York Life Real Estate Investors in 2019.
  • Regus, a global network of modern and flexible office workspaces, renewed its lease at the building totaling 15,359 SF.
  • LPL Financial, considered the largest independent broker-dealer in the United States, signed a lease this week totaling 3,550 SF as its first Palm Beach Gardens office.
  • Financial Center at the Gardens represents both the largest and most well-situated office building in Palm Beach Gardens.

The Community Development Trust Expands Management Team

Retrieved on: 
Wednesday, August 17, 2022

NEW YORK, Aug. 17, 2022 /PRNewswire-PRWeb/ -- The Community Development Trust ("CDT") announced today that real estate development veteran Maurice Perry has been appointed Senior Vice President of Development, bringing decades of experience and success to support CDT's growth strategy. CDT has also appointed Sade Ogunkeyede as Vice President – Corporate Administration and Human Resources to its management team.

Key Points: 
  • The Community Development Trust ("CDT") announced today that real estate development veteran Maurice Perry has been appointed Senior Vice President of Development, bringing decades of experience and success to support CDT's growth strategy.
  • CDT has also appointed Sade Ogunkeyede as Vice President Corporate Administration and Human Resources to its management team.
  • NEW YORK, Aug. 17, 2022 /PRNewswire-PRWeb/ -- The Community Development Trust ("CDT") announced today that real estate development veteran Maurice Perry has been appointed Senior Vice President of Development, bringing decades of experience and success to support CDT's growth strategy.
  • CDT has also appointed Sade Ogunkeyede as Vice President Corporate Administration and Human Resources to its management team.

MERCATO METROPOLITANO APPOINTS JULIO BRUNO AS NON - EXECUTIVE CHAIRMAN OF ITS BOARD

Retrieved on: 
Wednesday, June 29, 2022

Julio brings a wealth of global experience in the hospitality, media, travel, digital and e-commerce sectors that are very relevant for the international expansion of the Mercato Metropolitano brand.

Key Points: 
  • Julio brings a wealth of global experience in the hospitality, media, travel, digital and e-commerce sectors that are very relevant for the international expansion of the Mercato Metropolitano brand.
  • Prior, Julio held executive positions at TripAdvisor, Travelport, Regus, Energizer and Diageo.Julio was awarded 'Business Leader of the Year Consumer Media' by Campaign UK in 2021.
  • Mercato Metropolitano operates 5 sites in London: Mayfair, Elephant & Castle, MMy EP, MMy Canary Wharf and soon opening in Ilford and Elephant Park.
  • Julio Bruno, Non-Executive Chairman of Mercato Metropolitano said: "I'm delighted to be joining Mercato Metropolitano, both as an investor and as Chairman, at such an important time for the company.

Cresset Moves to Reston Station

Retrieved on: 
Tuesday, April 19, 2022

RESTON, Va., April 19, 2022 (GLOBE NEWSWIRE) -- Comstock Holding Companies, Inc. (Nasdaq: CHCI) (Comstock) announced today the signing of a lease agreement with Cresset Manager, LLC (Cresset Asset Management or Cresset), an award-winning multi-family office and private investment firm.

Key Points: 
  • RESTON, Va., April 19, 2022 (GLOBE NEWSWIRE) -- Comstock Holding Companies, Inc. (Nasdaq: CHCI) (Comstock) announced today the signing of a lease agreement with Cresset Manager, LLC (Cresset Asset Management or Cresset), an award-winning multi-family office and private investment firm.
  • With 12 office locations throughout the United States, the multi-family office will relocate their Washington D.C. office to Reston Station, occupying approximately 11,500 square feet on the 9th floor of 1900 Reston Metro Plaza.
  • Cresset is a best-in-class wealth management firm and a tremendous compliment to the tenant roster at Reston Station, said Timothy J. Steffan, EVP, Leasing, Development and Asset Management for Comstock.
  • Cressets new location will offer employees a variety of amenities including direct access to the Wiehle-Reston East Metro station, bike paths, restaurants, and retail at Reston Station.

IWG APPOINTS PELLE PERSSON TO LEAD FRANCHISE AND PARTNERSHIP GROWTH IN THE NORDICS

Retrieved on: 
Monday, April 11, 2022

ZUG, Switzerland, April 11, 2022 /PRNewswire/ --IWG, the world's largest provider of flexible workspace, has named Pelle Persson as Head of Development for IWG's operations in the Nordics.

Key Points: 
  • ZUG, Switzerland, April 11, 2022 /PRNewswire/ --IWG, the world's largest provider of flexible workspace, has named Pelle Persson as Head of Development for IWG's operations in the Nordics.
  • Persson's appointment comes at a time of rapid global growth for IWG.
  • His most recent role was for international coffee chain, Waynes Coffee, where his focus was on developing the brand's international presence through tactical franchise partnerships.
  • Stephen Holloway, Global Franchise Development Director, added: "We are thrilled to welcome Pelle to the IWG team.

The Instant Group Adds Leading Virtual Office Provider to Global Marketplace for Flex Space

Retrieved on: 
Wednesday, March 16, 2022

LONDON, March 16, 2022 /PRNewswire/ -- The Instant Group has merged Davinci Virtual Office Solutions into its online marketplace for flexible workplace , making the platform the leading aggregator globally for virtual offices.

Key Points: 
  • LONDON, March 16, 2022 /PRNewswire/ -- The Instant Group has merged Davinci Virtual Office Solutions into its online marketplace for flexible workplace , making the platform the leading aggregator globally for virtual offices.
  • Davinci Virtual Office Solutions was founded in 2006 and is headquartered in Salt Lake City, Utah.
  • Instant's digital platforms constitute the world's largest digital marketplace for flexible workspace listing meeting rooms, virtual offices, flexible office space and coworking memberships.
  • Davinci Virtual is the leading provider of professional business addresses, flexible meeting spaces and turnkey virtual communications and live receptionist solutions.

The Instant Group creates the largest Independent Global Marketplace for Flexible Workspace

Retrieved on: 
Tuesday, March 8, 2022

LONDON, March 8, 2022 /PRNewswire/ -- The Instant Group is creating the world's largest independent marketplace for flexible workspacethrough its merger with the key digital assets from IWG plc including EasyOffices.com,Meetingo.com, Rovva and Worka.

Key Points: 
  • LONDON, March 8, 2022 /PRNewswire/ -- The Instant Group is creating the world's largest independent marketplace for flexible workspacethrough its merger with the key digital assets from IWG plc including EasyOffices.com,Meetingo.com, Rovva and Worka.
  • "This merger creates the largest independent global marketplace for flexible workspace and beginsto directly answer these challenges, by simplifying where workers and the businesses they servechoose towork."
  • The Instant Group has been rethinking workspace since 1999 with over 500 experts working globally across more than 175 countries.
  • Instant's digital platforms constitute the world's largest digital marketplace for flexible workspace listingmeeting rooms, virtual offices, flexible office space andcoworking memberships.

CTO Realty Growth Announces Acquisition of a Mixed-Use Property in Santa Fe, New Mexico and Sale of a Single Tenant Property in Falls Church, Virginia

Retrieved on: 
Tuesday, December 21, 2021

The Company also announced the sale of a single tenant property located in Falls Church, Virginia leased to 24 Hour Fitness.

Key Points: 
  • The Company also announced the sale of a single tenant property located in Falls Church, Virginia leased to 24 Hour Fitness.
  • Santa Fe has several distinct economic and lifestyle demand drivers that have driven outsized growth for the market in recent years.
  • CTO also owns an approximate 16% interest in Alpine Income Property Trust, Inc. (NYSE: PINE), a publicly traded net lease REIT.
  • The Company undertakes no obligation to update the information contained in this press release to reflect subsequently occurring events or circumstances.

Qualtrics Leases 85,000 Square Feet at Reston Station

Retrieved on: 
Thursday, December 9, 2021

With this lease, Comstock has completed the lease-up of its third Trophy-Class office tower at Reston Station, located at 1906 Reston Metro Plaza.

Key Points: 
  • With this lease, Comstock has completed the lease-up of its third Trophy-Class office tower at Reston Station, located at 1906 Reston Metro Plaza.
  • The buildings amenities include a 9,825 square foot state-of-the-art conference center with multiple meeting rooms, a fitness center with locker rooms, a 6,956 square foot sky garden with catering kitchen and indoor-outdoor serving station, a 5,400 square foot patio reserved for the exclusive use of Qualtrics and a 2,275 square foot rooftop deck.
  • The New Remarkable, Reston Station is home to corporate tenants including Google, ICF, Neustar, Spotify, Clarabridge, and Rolls-Royce of America.
  • CHCIs managed portfolio includes two of the largest transit-oriented, mixed-use developments in the Washington, D.C. area; Reston Station, a 5+ million square foot transit-oriented and mixed-use development in Reston, Virginia, and Loudoun Station, a nearly 2.5 million square foot transit-oriented, mixed-use development in Ashburn, Virginia, and additional development assets.

Splash Expands International Footprint With New RegionAl Headquarters In Amsterdam To Serve Emea Companies

Retrieved on: 
Wednesday, December 8, 2021

With a growing global customer base, Splash will expand operations to its new regional headquarters in Amsterdam.

Key Points: 
  • With a growing global customer base, Splash will expand operations to its new regional headquarters in Amsterdam.
  • "Our international expansion marks a milestone moment for Splash's growth as we introduce our industry-leading products to new audiences and provide greater regional support for existing EMEA customers," said Eric Holmen, Chief Executive Officer of Splash.
  • Splash selected Amsterdam as its European headquarters for its central geographic location and proximity to countries where the majority of the company's regional customers are based.
  • For more information about Splash or to speak with Eric Holmenabout the company's international expansion, please contact Sylvia Kindlain at [email protected] .