Building Momentum, New Lower Manhattan Location Slated to be Workplace Hospitality Platform’s Largest Space in the United States
NEW YORK (May 22, 2018) – Convene, the nation’s fastest growing flexible office and meeting services provider, today announced its largest location to-date. The hospitality-focused flexible workplace company has signed a 93,096-square-foot lease at Brookfield Properties’ One Liberty Plaza in Lower Manhattan, marking its 15th location in New York and fourth with Brookfield Properties.
The announcement strengthens the growing partnership between Convene and Brookfield. In 2017, Brookfield co-led Convene’s series C funding round which totaled $68 million and announced the opening of three Convene-operated spaces in Downtown Los Angeles, comprising 84,600 square feet across three buildings, with plans to expand to all seven of Brookfield’s Los Angeles Class A buildings.
One Liberty’s ground floor level, consisting of 4,798 square feet, will be operated by Convene as a public café and coffee shop. The building’s mezzanine and second floors, 12,339 and 28,708 square feet respectively, will be reserved as full-service meeting and event space, and the third floor consisting of 44,751 square feet will feature flexible office space. Convene’s premium flexible work suites can accommodate teams of 10-100 employees. The anticipated opening date of the One Liberty Convene space is Q1 2019.
In addition to offering its unmatched suite of on-demand meeting and event spaces (called “Meets”) and flexible workspace (called “WorkPlace”), Convene’s One Liberty location will also offer a full on-site culinary program and commercial kitchen space for meeting, event, and workplace catering, as well as vertical catering services, to provide locally-sourced food and beverage delivery to tenants in the building.
“We are thrilled to expand our partnership with Brookfield Properties to open our largest Convene space to date and improve the workplace experience for tenants of One Liberty Plaza,” said Ryan Simonetti, Co-Founder and CEO of Convene. “Not only will Convene now be positioned near robust mass transit and a flourishing Lower Manhattan business community, the space allows us to incorporate all of the elements that are central to Convene’s success – purpose-built meeting and event spaces overlooking green space at Zucotti Park, modern and elegant flexible office space, hotel-style meeting and hospitality services, all enabled by user-friendly technology.”
“One Liberty Plaza has seen robust leasing activity, recently adding Aon, Business Insider and New Avon to its notable tenant roster. Adding Convene will provide a valuable amenity to all of our building tenants and the surrounding Lower Manhattan business community. We are thrilled to help support and grow this transformational workplace platform,” said Mikael Nahmias, Senior Vice President, Office Leasing, Brookfield Properties.
One Liberty Plaza is a 50-story, 2,346,000-square-foot building located in the heart of Lower Manhattan. With direct access to the Fulton Street Transit Center and the World Trade Center Path Station, One Liberty Plaza provides convenient access to transit, retail and dining amenities.
Convene has been expanding rapidly and plans to open several new properties in 2018 across new and existing markets in the U.S. Convene also recently announced the acquisition of Beco, a mobile workplace analytics and data platform, in order to provide Convene’s commercial real estate landlord partners with valuable location-based insights and data.
Convene (www.convene.com) changes the way the world works by transforming the way businesses work. By partnering with the largest landlords in commercial real estate, the company designs and services the next generation office building – one that feels more like a full-service, lifestyle hotel. Convene’s integrated “workplace-as-a-service” platform gives building tenants and enterprise clients access to a growing network of premium meeting and event spaces, flexible workspaces, hospitality services, and curated experiences for users, all connected by the company’s proprietary technology platform. Founded in 2009, Convene has locations in New York City, Boston, Philadelphia, and Washington, D.C., with plans to expand globally. The company has been named one of America’s 100 Most Promising Companies by Forbes, one of America’s fastest growing companies by Inc. Magazine, and the #11 Best Workplace in New York by Fortune Magazine.
About Brookfield Properties
Brookfield Properties is a premier real estate operating company that provides integrated services across the real estate investment strategies of Brookfield Asset Management (“Brookfield”) — a global alternative asset manager with over $265 billion in AUM.
Brookfield’s global investing expertise and access to large-scale capital, combined with Brookfield Properties’ well-established position as the commercial landlord of choice in many of the world’s most dynamic markets, provides a unique advantage. It also assures premier-quality commercial premises and optimal outcomes for our tenants, business partners and the communities in which we operate.
Our vertically integrated real estate capabilities are established in each of Brookfield’s target sectors and regions around the globe, ensuring that our assets are managed to maximize the tenant experience, with a focus on integrating new real estate technologies that keep us at the forefront of innovation and sustainability.
For more information, visit brookfieldproperties.com.
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