Bisnow Scoop: Regus Co-Working Brand Entering ATL Fray
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One of Atlanta's most prolific office suite operators looks to be getting into the co-working game here. And it may debut its new format at Carter's latest office renovation.
Regus is scouting up to three locations to open its co-working division called Spaces, including in West Midtown and Buckhead. But for now, it's in talks with Carter to lease 67k SF at 715 Peachtree, the 330k SF former JC Penney Co regional HQ that the developer is transforming into a tech boutique office project. Regus' Chris Guy confirmed the firm's plans at our Future of Buckhead event earlier this week, and tells us its co-working brand "looks a lot more urban, rustic, open."
Regus is the latest player to enter the co-working industry, and it's certainly the most established in terms of operating temp and shared offices across the globe. Atlanta has seen such players as WeWork, Industrious and DeskHub as well as the poster child for co-working, Atlanta Tech Village (here), all enter the market in recent years.