Premier Workspaces Capitalizes on Industry Distress, Plans to Add 100 Shared Workspace Locations
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While many flex office space operators struggle and abandon their lease commitments, Premier Workspaces plans to acquire 100 new distressed coworking offices.
Private Window Office- Premier Workspaces - Woodland Hills, CA
...Premier Workspaces has taken over and repositioned 74 distressed or bankrupt shared workspace locations.
IRVINE, Calif. (PRWEB)
April 08, 2021
The pandemic has shaken up the coworking/flexible office space industry with struggling and bankrupt1 coworking operators dominating the headlines. Many coworking operators closed2 their doors, leaving office building owners with empty and vacant floors previously occupied by these coworking companies. Premier Workspaces (formerly Premier Business Centers) has positioned itself to offer such office building owners solutions. With the backing of its multi-billion dollar real estate holding company investor (The Bascom Group, LLC), Premier is moving forward with plans to grow by taking over these distressed locations and adding more than 100 new locations over the next few years.