04/26/2022

Industrious Adds Multiple New Locations Throughout Carr Properties’ Washington, DC Portfolio

Leading workplace provider set to take over three new coworking spaces, totaling 89,000 square feet, expanding the company’s DC Metro Area presence to a total of 12 locations

Industrious, the highest-rated workplace provider in the industry, today announced it will be partnering with Carr Properties to open three new flexible workspaces, totaling 89,000 square feet and located throughout the Washington, DC metro area. The new locations will increase Industrious’ Washington, DC presence to 12 flexible workspaces.

“We’re thrilled to expand our DC network with a strategic partner like Carr Properties, who understands the needs of modern occupiers have changed,” said Peri Demestihas, Senior Director of Real Estate Growth at Industrious. “It’s refreshing to work with a place-making thought leader that supports our growth within the community and understands the importance of providing premium flex offerings. Our latest expansion to Signal House, The Hub, and 4500 East-West Hwy locations is a positive sign for the increasing demand of premium flex offices in DC, and with Carr’s support, we are now building out  a network in DC where our members can truly work from anywhere.”

The new offices are located at The Hub (1615 L St NW), Signal House (1255 Union St NE) and 4500 East-West Hwy, and will provide members with greater flexibility to work throughout the Washington metropolitan region.

Industrious 4500 East-West Hwy – Bethesda, MD

Industrious 4500 East West will feature 286 total seats and 56 offices within its 24,503-square-foot office space. The building is located near the popular dining and retail shops at Bethesda Row and features a wide range of amenities including a secure bike room, high-end fitness center, and access to a rooftop with panoramic views of Bethesda and Northwest Washington, D.C. The location is set just 700 feet from the Bethesda Metro station, steps away from major bus lines and bike paths, and set above three levels of below-grade parking. The workspace in Bethesda is slated to open in August 2022.

Industrious The Hub, 1615 L St NW – Washington, DC

Industrious The Hub at 1615 L St, NW will be located in the heart of D.C. ‘s Central Business District, just minutes from the National Geographic Museum and near a wide range of dining and entertainment options. The building is just three blocks from the Farragut North and Farragut West Metro stations, providing members easy access to the Red, Orange, Blue Line trains, as well as the L Street and 16th Street thoroughfares. The building features recently renovated amenities including a lobby bar, tech lounge, state-of-the-art fitness center, large conference center, indoor terraces with soft seating, and an activated rooftop terrace. The space will span across nearly 40,456 square feet and feature 533 total seats with over 134 private offices. The location is slated to open in November 2022.

Industrious Signal House, 1255 Union St NE – Washington, D.C. 

Industrious Signal House will occupy 23,831 square feet of space within this 10-story, trophy office building. Located in the lively Union Market District, Signal House features a fitness center, bike room, an indoor/outdoor bar, and a rooftop lounge area with stunning views of the city. Industrious Signal House will feature 329 total seats and 80 private offices. This location is slated to open in December 2022.

“We are proud to grow our relationship with Industrious – a best-in-class flexible office provider, who further elevates our customer roster and building experience,” said Jackson Prentice, Executive Vice President of Portfolio Management. “These three new locations are strategic for Carr, as we continue to meet the needs of our customers’ flexible office needs in well-amenitized, healthy, and centrally-located buildings.”

Since 2017, Industrious has entered into partnership agreements with landlords, rather than signing traditional leases – a unique business model in the commercial real estate industry. Under this model, landlords are better positioned to meet the demands of modern occupiers, while Industrious is rewarded for strong performance. The sharing formula varies on a case-by-case basis.

Industrious workspaces currently span over 120 locations across more than 50 U.S. cities and provide a productive and engaging workplace environment for companies of all sizes and stages. Past and present Industrious members include: Compass, Heineken, Humana, Lyft, Pandora, Pinterest, Zillow, and Startup Grind.

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