Boston Real Estate Times
December 2022
WORKBAR, a coworking spaces provider, announced plans to open a new location in Framingham, Massachusetts, in June 2023.
WORKBAR Framingham will be located at 111 Speen Street in the heart of MetroWest’s thriving business district, surrounded by Natick Mall, Shoppers World, and the TJX Companies headquarters.
Nearby are the Massachusetts Turnpike, Route 9, and Logan Express, making the commute in or out of the workspace a breeze. The space will occupy more than 21,000 square feet of the building, which was recently purchased by Paradigm Properties and North Colony Asset Management.
“As one of the fastest growing and most diverse cities in Massachusetts, we believe Framingham is the perfect choice for WORKBAR’s 11th location,” said CEO Sarah Travers. “Following the outstanding success of our WORKBAR Needham location, we knew that we needed to make the MetroWest region our next priority.”
WORKBAR Framingham will include a fully equipped podcast studio and a telepresence room, which features smart TV monitors that allow all meeting participants to be at eye level with each other. This room was designed primarily for hybrid work environments and is aimed at creating the same experience for all attendees, whether in-person or virtual.
“These state-of-the-art business amenities will provide companies with highly improved flexibility and will completely transform the ways in which they produce content and work as a whole,” Travers said. “By bringing the office to employees and eliminating lengthy commutes, this new Framingham location is the latest example of WORKBAR’s commitment to suburban expansion.”
WORKBAR is a coworking provider that offers different work zones, such as a study area for distraction-free, individual work, and a common area offering more of a collaborative, group workspace. There is also the option for private offices and enterprise suites, and so no matter the type of company or what its needs are, WORKBAR has a space that works for everyone. WORKBAR, provides businesses with flexibility in an ever-changing work environment, while maintaining their branding in a physical space. WORKBAR spaces are not designed only for large companies, but they are also available for smaller teams, startups, and individuals. WORKBAR offers both full-time and part-time memberships for companies to utilize workspaces.
111 Speen Street is owned by Paradigm, full services real estate investment and management firm; and, North Colony Asset Management, LLC, a privately held real estate investment. Both entities are headquartered in Boston.
Kelleher & Sadowsky, including Phil DeSimone, Andrew Sherman, Todd Alexander and Ross Miner, represented the landlord/owners of 111 Speen Street in the WORKBAR lease transaction.
