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A co-working lounge in The Yard.

WASHINGTON, DC–As The Yard, a co-working provider, executes on an aggressive expansion program for the US, it is in advanced talks to use ex-retail spaces in at least two locations, according to co-founder Richard Beyda. “Retail has been a little bit challenging for the last few years and there is a lot of vacant big box spaces,” he tells GlobeSt.com. “Forward-looking developers are converting those spaces into creative office use — and we are trying to get ahead of the curve and take down those spaces quickly.”

Erika Morphy

Erika Morphy has been writing about commercial real estate at GlobeSt.com for more than ten years, covering the capital markets, the Mid-Atlantic region and national topics. She's a nerd so favorite examples of the former include accounting standards, Basel III and what Congress is brewing.

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