WeWork signs first St. Louis lease at One Metropolitan Square
WeWork, co-working, office leasing
ST. LOUIS, August 21, 2019 - The St. Louis office of JLL today announced that global office-sharing company WeWork has signed a lease at One Metropolitan Square in downtown St. Louis, establishing the company’s first St. Louis location. The New York- based company provides shared workspaces and services for entrepreneurs, freelancers, startups, small businesses and large enterprises.
WeWork will lease 60,000 square feet on the 22nd and 23rd floors at One Metropolitan Square, a Class A office tower owned by an affiliate of 601W Companies.
One Metropolitan Square anchors the heart of the downtown Central Business District at the southwest corner of North Broadway and Olive Street. As the tallest high-rise in St. Louis, One Metropolitan Square boasts 43 stories and 1.5 million square feet of office space and ground-level retail. Its ownership group has invested $2.5 million in recent years to upgrade the building’s amenities to include downtown’s first food hall and a massive 28 x 10 foot media wall in the building’s lobby. Plans are currently in the works to add a tenant lounge this year on the 42nd floor that will feature an open, modern floor plan with seating areas for socializing, a bar, and game tables.
David Steinbach with JLL represented The 601W Companies as the exclusive leasing brokers for One Metropolitan Square. Steinbach said, “The building’s amenities, property management, and proximity to downtown dining and entertainment attractions all contributed to WeWork’s decision to locate at One Metropolitan Square. They considered a number of different locations throughout the city and found One Metropolitan Square to be the right fit.”
JLL (NYSE: JLL) is a leading professional services firm that specializes in real estate and investment management. Our vision is to reimagine the world of real estate, creating rewarding opportunities and amazing spaces where people can achieve their ambitions. In doing so, we will build a better tomorrow for our clients, our people and our communities. JLL is a Fortune 500 company with annual revenue of $16.3 billion, operations in over 80 countries and a global workforce of nearly 92,000 as of June 30, 2019. JLL is the brand name, and a registered trademark, of Jones Lang LaSalle Incorporated. For further information, visit jll.com