MakeOffices is assuming management of a recently-opened coworking space in Logan Circle.
In Februrary, Georgetown-based MRP Realty launched its first foray into coworking at Logan Exchange. The company spent $4 million on renovation of the building on 16th NW to create a 32,000 sq. ft. space. It now has meeting spaces, communal kitchens, bike storage and other amenities.
Now the space will be called MakeOffices at Logan Exchange. Initially, the building was purchased with a group of investors. Under the new arrangement, MakeOffices is managing the coworking space, with that group of investors maintaining ownership, according to a MakeOffices spokesperson.
“The vintage feel of the building, including the multiple fireplaces, make it a unique offering in our growing portfolio of MakeOffices locations,” MakeOffices CEO Zach Wade said in a statement. “It’s a perfect fit for our brand, with nearly every one of our locations having easy access to the city’s most popular restaurants, bars and Metro stations.”
McLean, Va.–based MakeOffices now has seven locations in the D.C. area. The space is currently 60 percent occupied, with tenants including Mapbox, as well as local offices for Postmates and robot delivery company Starship Technologies.
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