Nuveen Tenants Now Have 150 Office Building Options Thanks to New Partnership with Industrious

Bisnow has recently reported that tenants of Nuveen offices can now work from any other Nuveen office or Industrious coworking spaces around the country, as part of the two companies’ collaboration.

According to Industrious Tenant Experience Senior Director Hopi Stradling, renters of Nuveen can book workplaces online at roughly 150 sites across Nuveen and Industrious’ portfolios.

Meeting rooms will be the first areas that can be reserved; as the deployment progresses, regular workstations will also become accessible, according to Stradling. Tenants in Nuveen’s office portfolio have access to facilities and programs through the management of Industrious shared spaces. The communal spaces found in about 30% of Nuveen’s 63 buildings will be the first to accept bookings under the new scheme. Starling mentioned that the other assets in Nuveen’s portfolio are smaller and do not include common areas.

Also according to Stradling, new spaces and rooms will be added to the platform in real time if Nuveen and Industrious grow their portfolios. With more than 200 locations worldwide, Industrious has 165 outlets in the United States spread throughout 65 cities.

The two initially collaborated in January of last year when Nuveen leveraged the coworking operator to oversee the shared areas in a few of its office buildings, including its office tower in Manhattan, as a trial project.

Last year, Industrious established a new developer partnership. As it entered the U.S. coworking market in August, the firm teamed with Ingka Centres, an affiliate of Ikea. In 2020, Ingka Centres paid $198 million to acquire a 46,00 square foot industrial space in a San Francisco mall, which served as its initial site.

The need for mixed work settings has grown ever since the pandemic began. According to a Gallup survey, more than half of workers prefer a hybrid schedule, which is supported by 52% of work environments that support it.