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CBRE Opens Its First Hana Coworking Unit (It’s in Dallas)

The first Hana coworking has opened in the new PwC Tower in Dallas.

DALLAS – (Realty News Report) – Hana, a subsidiary of CBRE, has opened its first flagship location, called Hana PwC Tower at Park District in Dallas.

The Hana location, within a new development project by MetLife Investment Management and Trammell Crow Co. offers flexible office leasing for large enterprises, mid-tier companies and startups alike.

This is the first location for Hana, with more planned in both the United States and the United Kingdom in 2019 and beyond.

“We are thrilled to open our first-ever location, and couldn’t be happier to work with MetLife Investment Management and Trammell Crow to bring our vision to life,” said Andrew Kupiec, CEO of Hana. “This location will serve not only as a great new option for Dallas, but as a showpiece space we plan to make available in key markets around the world.”

Hana at Park District occupies two and a half floors totaling over 67,000 SF at PwC Tower at Park District. PwC Tower is comprised of more than 500,000 SF of Class A office space and amenities. It is part of a two-tower mixed-use development, Park District, that boasts more than 900,000 SF of office space, restaurants and luxury residences. Park District stands near the heart of Downtown Dallas, the Arts District, Uptown and Klyde Warren Park.

Hana’s core offering is Hana Team, which provides private office suites that meet the needs of high-growth organizations and large corporate users of office space. Hana Team combines the benefits of flexible space with the amenities, technology, thoughtful space design, and control over branding and culture that sophisticated companies require. Each Hana unit also features two other integral offerings, Hana Meetand Hana Share. Hana Meet provides conference room and event space that can be reserved on an hourly, daily or weekly basis. Hana Share provides co-working space in which users share services, amenities and technology in a communal setting.

The need for co-working space is going to be part of the market for years to come, said Brian Harrington, Chief Experience Officer for Hana, speaking at the recent NAREE (National Association of Real Estate Editors) conference in Austin.

“I think about 10 % of the office space will be flexible,” said Harrington. “I don’t think it’s ever going to tip over. There will always be traditional, 10-year leases.”

The growth of the co-working segment has been phenomenal in recent years with WeWork, Spaces and other new brands leasing large blocks for co-working facility. Hines, the Houston developer, announced earlier this summer the launch of its own co-working brand called Hines Squared.

Aug. 30, 2019 Realty News Report Copyright 2019

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