clock menu more-arrow no yes

Filed under:

WeWork’s Boston spree continues with 117,000-square-foot lease at 100 Summer

Deal for 2,300-plus desks comes as coworking giant pivots to hosting larger companies in bigger footprints

A floor at 100 Summer Street
Photo via EQ Office

WeWork appears to be on a tear in Boston.

Not even a month after the coworking giant took 29,000 square feet at One Milk Street in Downtown Crossing—the first time the firm has ever leased all of the office space in a single Boston building—WeWork announced a lease for 117,000 square feet at 100 Summer Street on the western edge of the Financial District.

WeWork plans to open the space during the last three months of 2019. It will host more than 2,300 desks, the company announced June 21.

That’s more than five times the number of decks planned for One Milk. The space will unfold over three floors of a 32-story office building, and will feature 360-degree views of Boston Harbor, the Charles River, and of Boston in general.

Chicago-based EQ Office owns the 1.03 million-square-foot 100 Summer, where typical floorplates run to about 38,500 square feet. It was not immediately clear how much the landlord was charging WeWork for the space.

It’s also unclear who or what will inhabit the space (WeWork has not responded to a request for comment). The latest Boston deals come as WeWork refocuses on providing larger companies custom-built offices.

The New York firm was born nine years ago through catering to freelancers and fellow startups, but it is now increasingly seeking to service the needs of larger firms that might need top-shelf space but not necessarily all the miscellany—and responsibilities—of conventional office leases.

Whatever fills it, the 100 Summer space will bring WeWork’s Boston-Cambridge footprint to well over 1.1 million square feet.

“As we open more locations downtown, we’re creating a concentrated and powerful support system for our community, providing more opportunity for the type of collaboration and connection needed to succeed,” Dave McGlaughlin, WeWork’s general manager for the Northeast, said in a statement.