Cushman & Wakefield will represent Workbar in its expansion, as the Boston-based coworking provider seeks to add new locations both downtown and in the suburbs.
WorkBar operates eight locations in Massachusetts and provides its 1,800 members with access to a dozen other coworking properties through partnerships. With a recent investment from Apamanshop Holdings of Japan, it’s planning to resume its expansion by year’s end.
Cushman & Wakefield Executive Director Tom Ashe and Managing Director Rob Byrne are representing Workbar in the real estate search.
WorkBar’s expansion follows rapid growth by competitors in the coworking sector.
Industry leader WeWork now occupies 586,000 square feet in Greater Boston and will add a 97,114-square-foot location at Related Beal’s Congress Square redevelopment in Boston’s Financial District and 1,700 desks at 33 Arch St. in Downtown Crossing.
Additionally, New York-based Industrious recently announced a third location opening this year at 100 Summer St., joining its existing centers at 855 Boylston St. in Back Bay and 22 Boston Wharf Road in the Seaport District.