Workplace hospitality company Convene opens more than 70,000 square feet of purpose-built meeting space, shared workspaces, and hospitality amenities to upgrade Brookfield tenant experience
LOS ANGELES – April 5, 2018: Convene, a rapidly-growing workplace hospitality platform, partnered with Brookfield, a top global investor, owner, and operator of premiere real estate, to open two transformational amenity spaces in Brookfield’s 8.6 million square foot Class-A office campus in Downtown Los Angeles.
Convene’s premium meeting and event spaces, flexible workspaces, and hotel-style hospitality services and amenities have opened at Brookfield’s 333 South Grand Avenue (Wells Fargo North Tower) and 777 South Figueroa Street (777 Tower), with two other properties scheduled to open soon, adding to the Convene and Brookfield campus partnership. Designed to cater to the needs of top talent and the world’s most dynamic companies, Convene provides beautiful spaces and state-of-the-art amenities and services that enable teams of all sizes to connect, create, and collaborate, without the expense and hassles of long-term leasing.
In addition to offering a suite of on-demand meeting and event spaces and flexible workspace, Convene also offers in-building vertical catering services of locally-sourced food and beverages to Brookfield buildings, provides meeting planning and production support, and curates in-building programming for tenants to foster community and cross-pollination among building tenants, including Wells Fargo, Gibson Dunn & Crutcher, Oaktree Capital, Latham & Watkins, and Doubleline Capital, as well as the rest of the burgeoning Downtown Los Angeles business community.
“Today’s talent requires workplace environments that motivate and inspire them,” said Ryan Simonetti, Co-Founder and CEO of Convene. “We are thrilled to officially open our first properties on the West Coast in partnership with Brookfield, to provide a best-in-class experience to our corporate clients and tenants within Brookfield’s campus of commercial office properties in Downtown Los Angeles.”
“Brookfield Properties has always been focused on creating vibrant destinations that help attract the world’s leading companies and retain top talent,” said Bert Dezzutti, Brookfield’s Western Region Executive Vice President. “Partnering with Convene and bringing their unique hospitality services and unmatched amenities to our Downtown Los Angeles office portfolio allows us to enhance the flexibility and sense of community we offer to our tenants. Together, we are transforming the future of an interconnected office campus.”
Convene at 333 South Grand Avenue (Wells Fargo North Tower) provides the company’s fully integrated offering including 50,000 square feet of flexible workspace, common spaces, and meeting and event space with a buyout capacity for 500+ participants. Convene also manages an on-site culinary program and commercial kitchen space for meeting, event, and workplace catering, as well as “room-service” food & beverage delivery to tenants in the building. Convene also operates the ground floor retail café space at the building, which features food from Convene’s kitchen and an assortment of bespoke beverages.
Convene at 777 South Figueroa Street (777 Tower) offers 20,000 square feet of premium meeting space and shared workspace, as well as access to a building “club” amenity space, with a grab-and-go café and game room, for tenant use. The space has capacity for up to 175 participants, and provides an on-site culinary program for meetings, events, and vertical catering in the building.
An investor in Convene, Brookfield anchored the expanding company’s Series B and Series C fundraising in 2016 and 2017, respectively.
Convene is a workplace hospitality platform focused on transforming the way people meet and work. The company partners with the world’s largest landlords to humanize the workplace experience by offering enterprise companies and building tenants access to a shared network of premium meeting and event spaces, flexible workspaces, and hospitality amenities – all enabled by a mobile technology platform. Founded in 2009, Convene has locations in New York City, Boston, Philadelphia, Washington, D.C., and Los Angeles, with plans to expand globally. The company has been named one of America’s 100 Most Promising Companies by Forbes, one of LinkedIn’s Most In-Demand Startups, one of America’s fastest growing companies by Inc. Magazine, and the #11 Best Workplace in New York by Fortune Magazine.
Brookfield Property Partners is one of the world’s largest commercial real estate companies, with approximately $65 billion in total assets. We are leading owners, operators and investors in commercial property assets, with a diversified portfolio that includes 146 premier office properties and 127 best-in-class retail malls around the world. We also hold interests in multifamily, triple net lease, industrial, hospitality, self-storage and student housing assets. Brookfield Property Partners is listed on the New York and Toronto stock exchanges. Further information is available at http://bpy.brookfield.com. Important information may be disseminated exclusively via the website; investors should consult the site to access this information.
Brookfield Property Partners is the flagship listed real estate company of Brookfield Asset Management, a leading global alternative asset manager with approximately $250 billion in assets under management.