WASHINGTON, DC-Fifteen new businesses centers will provide desk space for 7,000 workers between Washington, DC and Boston within the next three years, under a new agreement between Washington businessman Mark Wiatrowski and Britain’s Gainsborough Group.

When completed, the centers–which will provide both space and business support services for full-time and virtual office workers–will generate $50 million in revenue a year, according to company officials. The first 20,000-sf business center is slated to open in April at the Worldgate Plaza IV building in Herndon, VA and will accommodate up to 500 people. The fully wired center will provide furnished and staffed offices for one to 20 people. Two more centers are scheduled to open in the Washington area this fall.

Want to continue reading?
Become a Free ALM Digital Reader.

Once you are an ALM digital member, you’ll receive:

  • Unlimited access to GlobeSt and other free ALM publications
  • Access to 15 years of GlobeSt archives
  • Your choice of GlobeSt digital newsletters and over 70 others from popular sister publications
  • 1 free article* every 30 days across the ALM subscription network
  • Exclusive discounts on ALM events and publications

*May exclude premium content
Already have an account?


NOT FOR REPRINT

© 2024 ALM Global, LLC, All Rights Reserved. Request academic re-use from www.copyright.com. All other uses, submit a request to [email protected]. For more information visit Asset & Logo Licensing.

GlobeSt

Join GlobeSt

Don't miss crucial news and insights you need to make informed commercial real estate decisions. Join GlobeSt.com now!

  • Free unlimited access to GlobeSt.com's trusted and independent team of experts who provide commercial real estate owners, investors, developers, brokers and finance professionals with comprehensive coverage, analysis and best practices necessary to innovate and build business.
  • Exclusive discounts on ALM and GlobeSt events.
  • Access to other award-winning ALM websites including ThinkAdvisor.com and Law.com.

Already have an account? Sign In Now
Join GlobeSt

Copyright © 2024 ALM Global, LLC. All Rights Reserved.