PRESS RELEASE: Granite Properties Brings WeWork to 100 Bayview in Newport Beach
Newport Beach, CA – May 28, 2019- Granite Properties, a commercial real estate investment, development and management company, announced today that it is bringing WeWork, the world’s largest coworking company, to 100 Bayview in Newport Beach. The coworking space is slated to open in the fourth quarter of 2019. This will be WeWork’s first location in Newport Beach and its seventh location in Orange County. The coworking space will be located on the first floor and accommodate approximately 815 members.
“We’re excited to welcome WeWork to 100 Bayview in Newport Beach and for the flexible workplace option it will provide. WeWork’s vibrant community will further enhance the activated campus environment. They will occupy the entire first floor with direct connectivity to the Atrium-style lobby and outdoor workspace, where customers meet for work and social interaction,” said Jason Purvis, Senior Managing Director, Granite Properties.
100 Bayview is a 6-story, 346,335 square foot, Class A office building located on 100 Bayview Circle minutes away from John Wayne Airport with immediate access to key freeways. A residential community surrounds the building and shops and dining destinations like South Coast Plaza and Fashion Island are in close proximity. The building offers flexible floor plans, offices with private patios, subterranean parking (with E.V. charging stations) and a 250-room Marriot hotel with a restaurant inside. Promoting wellness, the onsite fitness center offers complementary fitness classes and the trailhead of The Back Bay Loop Trail is steps from the building for cycling, running or hiking. A three-story atrium-style lobby with an abundance of natural light and indoor vegetation connects to a landscaped patio offering a variety of seating options for indoor and outdoor work meetings, networking or social time. Both spaces are being updated and Granite is bringing to the building a new food and craft coffee operator, rotating food trucks, pop-up restaurants and healthy grab n’ go food options.
Granite provides modern workspaces that are hospitality driven and offer unique and memorable experiences that foster community. The onsite Granite Property Experience Team will work together with WeWork to engage them in diverse programming and experiences including charity and professional development events.
Granite owns and manages 8 Class A office buildings in Southern California totaling approximately 1.6 million square feet, including the 500 and 550@TheBrand Community in Glendale, Orange City Square in Orange and 2600 Olive in Burbank.
About Granite Properties
Granite Properties is a privately held commercial real estate investment, development and management company founded in 1991, with offices in Dallas, Houston, Atlanta, Denver and Southern California. It has completed more than $7 billion in real estate transactions and more than 27.1 million square feet of real estate development and acquisitions. Granite focuses on creating extraordinary customer experiences in each building through mixed-use environments rich in amenities and customer-centric service to help people flourish. Granite, a NREI Top Office Owner, has been named as one of FORTUNE’s Best Workplaces for seven consecutive years. For more information, visit www.graniteprop.com