News: Front Section

Workbar continues its Massachusetts expansion with 10th location in Salem

Salem, MA Workbar, Boston’s original coworking network, has plans to open a brand new workspace located in downtown Salem. Slated to open in February, the 6,500 s/f workspace marks Workbar’s 10th location in the state, and extends on its commitment to offer professionals and entrepreneurs quality workspaces in both urban and suburban regions.

“With its rich history and dedication to fostering an innovative community, Salem is the perfect city for Workbar’s milestone 10th location in Massachusetts. We are excited to bring a friendly, productive and convenient workspace to one of the fastest growing hubs north of Boston” said Sarah Travers, CEO of Workbar.

Centrally located on Washington St., Workbar Salem will serve as a modern coworking nerve center featuring Workbar’s trademark “neighborhood” layout, in addition to furnished private offices that will accommodate teams of up to eight members.

Given the location of the space, Workbar members in the new location will enjoy all the amenities of a thriving commercial downtown, including direct access to the Salem Station commuter rail, restaurants and bars, waterfront shopping, and more.

In addition to hosting Workbar Salem on the second floor, the newly-renovated Peabody Building at 120 Washington St., operated by property management company RCG LLC, will also feature new apartments, making the building a fantastic addition to the business and residential center in downtown. 

Workbar has begun membership and office suite pre-sales in preparation for its opening.

“RCG is extremely excited to announce that Workbar will be opening its first Salem outpost in the Peabody Building. As part of a significant renovation of the former home of the City of Salem Annex, RCG will also add 14 more residential homes and open an underground garage at the site. The entire project is expected to be completed by the spring of 2019,” said Jim Gagnon, vice president of RCG LLC.

“Salem has long been a city filled with creative, forward-thinking people. As our local business economy has grown over the years, the demand for modern work space has been amplified. Workbar builds innovative spaces, and their commitment to developing collaborative work and social communities make them a perfect fit for the city of Salem,” said mayor Kim Driscoll.

To schedule a tour or learn more about Workbar Salem, please contact Workbar’s head of business development Bobby Murphy.

READ ON THE GO
DIGITAL EDITIONS
Subscribe
READ ON THE GO
DIGITAL EDITIONS
Subscribe
STAY INFORMED FOR $9.99/Mo.
NEREJ PRINT EDITION
Stay Informed
STAY CONNECTED
SIGN-UP FOR NEREJ EMAILS
Newsletter
Columns and Thought Leadership
Shawmut Design and Construction breaks ground on the 195 District Park Pavilion in Providence, RI

Shawmut Design and Construction breaks ground on the 195 District Park Pavilion in Providence, RI

Providence, RI Shawmut Design and Construction celebrated the ceremonial groundbreaking for the 195 District Park Pavilion, marking the start of construction on a facility that will feature year-round dining and support space for park operations. In addition to the 3,500 s/f building, the project will include infrastructure upgrades
The New England Real Estate Journal presents<br> the First Annual Project of the Year Award! Vote today!

The New England Real Estate Journal presents
the First Annual Project of the Year Award! Vote today!

The New England Real Estate proud to showcase the remarkable projects that have graced the cover and center spread of NEREJ this year, all made possible by the collaboration of outstanding project teams. Now, it's time to recognize the top project of 2024, and we need your vote!
Investing in a falling rate environment - by Harrison Klein

Investing in a falling rate environment - by Harrison Klein

Long-term interest rates have fallen by 100 basis points, and the market is normalizing. In December of 2022 I wrote an article about investing in a high interest rate, high inflation market. Since then, inflation has cooled off, and the Fed has begun lowering their funds rate.
The 2024 CRE markets: “The Ups” (industrial) and “The Downs” (Boston class B/C office) - by Webster Collins

The 2024 CRE markets: “The Ups” (industrial) and “The Downs” (Boston class B/C office) - by Webster Collins

The industrial markets have never been stronger. What has happened is that the build out of Devens with new high-tech biotech manufacturing with housing to service these buildings serves as the connector required to really make the I-495 West market sizzle. Worcester has been the beneficiary