Launch Workplaces Announces Second Bethesda Location

BETHESDA, Md., July 18, 2019 – Launch Workplaces, a provider of flexible workspace environments in commercial real estate, today announced its newest coworking center, Launch Bethesda Wisconsin, will open in September.

The new location will be the flexible workspace company’s ninth space, and is the result of a joint venture management agreement with Washington Property Company (WPC) in which Launch Workplaces will fully operate the coworking space in WPC’s building.

Launch Workplaces is currently overseeing extensive renovation of the approximately 6,500 square foot space located at 6900 Wisconsin Avenue. The flexible workspace will span the building’s entire second floor, with potential to expand to additional floors in the 42,000 square foot building in the future.

“Launch Workplaces provides more than a space to work, we provide a user experience, and Washington Property Company is working with us to do just that with Launch Bethesda Wisconsin,” said Mike Kriel, chief executive officer of Launch Workplaces. “Flexibility and agility are driving today’s workforce and we create offices to match this mindset. Today, modifications of the physical workspace are a tenant necessity to accommodate growth and changing business needs. Our newest location keeps tenant needs in mind while also offering an engaging office environment with a focus on community and building relationships.”

Launch Bethesda Wisconsin is in Bethesda’s Central Business District and will have 20 private offices, 12 workstations, two multimedia conference rooms, and large shared spaces including a kitchen and eating area. Launch Workplaces, the flexible workspace division of The Brick Companies, will produce regular networking events and workshops to help tenants engage with each other and various industry experts will be brought in to speak.

“Launch Workplaces is a unique player in the commercial real estate and flexible workspace industries,” shared Joshua Gurland, vice president of commercial leasing at Washington Property Company. “Flexible space has become the main driver of office occupancy growth. We’re confident in Launch Workplaces’ ability to not only convert the existing space at 6900 Wisconsin Avenue into a fantastic place of work but to add value to the space and building by creating a sense of community among occupants and, ultimately, increasing retention and readying us to work with them as they grow.”

About Launch Workplaces

As the flexible workspace division of The Brick Companies, Launch Workplaces are hybrid workspace centers for individuals, startups, and small companies to grow through an entrepreneurial community, collaboration, and educational programming environment. Launch Workplaces’ seven workspaces (Bethesda Sangamore, Bethesda Wisconsin, Edgewater, Gaithersburg, Rockville, Towson, and Silver Spring) are home to small businesses, entrepreneurs, and Inc. 5000 innovation-focused teams and designed for companies looking for simple workplace solutions to get serious work done. The company’s management services division helps commercial real estate building owners enhance their buildings by opening a coworking center in an existing space with Launch Workplaces managing the process and space once it opens. For more information visit www.launchworkplaces.com.

About Washington Property Company

Washington Property Company (WPC) is a full-service commercial real estate company located in Bethesda, Maryland. Established by Charles K. Nulsen, III, WPC is involved in a full range of real estate investment services including acquisition, land use, development, property management, leasing, and construction management. WPC has developed more than eight million square feet of commercial space in the Washington, DC metropolitan area and currently has over 1.6 million residential square feet under development. WPC is actively pursuing office, multi-family, retail, and mixed-use development opportunities throughout the region. Through its management company, WPC Management, LLC, Washington Property Company manages over 1.8 million square feet of commercial space.

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