Suburban Office: Rising Demand and Opportunity
July 5, 2023

Workspace is proud to announce the successful modification and extension of a $1.3 billion CMBS facility in the mists of an incredibly challenging commercial real estate environment. Accomplishing this feat, completed by our experienced leadership team, validates the strength of the suburbs and reinforces our position as the suburban landlord of choice for our tenants across the country.

"Getting this deal done in what many have described as the most challenging real estate market in decades was no small feat and is testament to the underlying strength of our portfolio, the resilience of the suburban office sector, the promise of our pipeline and the capabilities of Workspace’s vertically integrated national platform," said our Co-Founder and CEO Thomas A. Rizk .

For years, Workspace has seen firsthand the demand for convenient, amenities-rich office properties that support a healthy work-life balance close to home. Reinforcing these trends is newly released data highlighting how suburban markets are outperforming central business district by many measures. Read more here: https://bwnews.pr/3XGiEiI .