Macerich Inks Partnership With Coworking Solution, IndustriousThe mall owner, operator and developer looks to offer consumers more lifestyle options.

[Collection]With retailers going out of business and closing doors, malls are rethinking their assortments, adding non-retail uses such as medical facilities, and, now, coworking spaces. Mall owner, operator and developer Macerich on Wednesday said it has struck a national partnership with Industrious, a workplace platform and coworking solution provider. Coworking areas have existed at malls such as Westfield San Francisco Centre, where Bespoke targets retail-tech entrepreneurs with shared desks, dedicated desks, private offices and meeting rooms. Lord & Taylor in October sold its Fifth Avenue flagship to WeWork for $850 million. The retailer’s parent Hudson’s Bay Co. and WeWork Property Advisors earlier this month said they are adjusting their deal for the building and pushing back the closing date to Nov. 13 from Aug. 10. Beyond Lord & Taylor, WeWork is reportedly also gaining access to Hudson’s Bay’s 61 million-square-foot portfolio. WeWork also opened collaborative office space at the Shops at Clearfork, a Simon property. According to the Global Coworking Unconference Center, the number of coworking members will grow from 1.74 million in 2017 to 5.1 million in 2022, while the number of coworking spaces will increase from 17,725 this year to 30,432 in 2022. The first Industrious location in a Macerich mall will be a

Follow WWD on Twitter or become a fan on Facebook.

Read More...https://wwd.com/business-news/retail/macerich-inks-partnership-with-coworking-solution-industrious-1202771274/

No comments:

Post a Comment