WeWork Bringing Shared Office Spaces To The Valley

This summer, WeWork, a coworking office space company, is opening its first three locations in the Valley.

WeWork is a New York-based company that provides shared workspaces for businesses. WeWork offers headquarter private offices, private office suites or shared offices for individuals or teams to rent monthly. WeWork currently has 425 locations in 100 cities globally.

The company is opening two offices in Phoenix and one in Tempe. The offices will include “hot desks” available for rent. There will also be coffee bars, conference rooms, common areas, and cleaning services.

The Phoenix locations will be in downtown Phoenix, on Monroe Street and First Avenue. The second location will be in the Camelback Esplanade, on 24th Street and Camelback Road.

The Tempe location is set to be in the Watermark located on Scottsdale Road and the Loop 202.

WeWork plans to open the Esplanade location in August 2019.  The other two locations are scheduled to open in fall 2019.

A real estate services and investment management company, Colliers International Group Inc., has been appointed to lead leasing efforts.

“The WeWork brand and lifestyle brings a flexible and contemporary opportunity to greater Phoenix for end users of space that is sure to be eagerly welcomed by businesses in every industry,” said Ryan Timpani, the executive vice president with Colliers International.