Press release

July 24, 2019

Eb3544116bb276b6f0d8f105c03cf64c

Industrious Expands into Pasadena

Premium flexible workspace provider signs first Pasadena location at One Colorado in partnership with ShopCore Properties

NEW  YORK, NY (July 23, 2019) - Industrious, the largest premium flexible workspace provider in the U.S., today announced its expansion into Pasadena, CA. As a partnership with property owner ShopCore Properties, Industrious will take approximately 26,000 square-feet at One Colorado, a mixed-use property spanning a full city block in the heart of Old Pasadena. The location will be known as Industrious Old Pasadena.

“There is an increasing demand for integrated live, work, play centers and our partnership with ShopCore Properties further signifies that convergence,” said Justin Stewart, president and co-founder of Industrious. “Industrious is dedicated to providing an amazing workplace experience and part of that is being located somewhere people want to be - One Colorado in Old Pasadena fits the bill. We’re proud to be expanding our national presence into the city and look forward to supporting local companies.”

Industrious is known for its professional atmosphere, thoughtfully-designed spaces intended to increase productivity, and a hospitality-driven, member-centric approach. Industrious Old Pasadena will offer shared workspaces including coworking and enclosed private offices with access to amenities and common areas. Additional benefits include a dedicated Community Manager, unlimited color printing, member programming and events, access to the Industrious national network, and breakfast and snacks served daily, in addition to a fully-stocked cafe including coffee and sparkling waters. It is expected to be open for business Q3 2020

"We are excited to add a best-in-class brand like Industrious to Old Pasadena. This addition continues to elevate the premier tenant mix at One Colorado," said David Dieterle, executive vice president of leasing and development at ShopCore Properties. “The demand for an integrated community gathering place of work, life, and play is rapidly growing, and we are pleased to partner with Industrious to create a vibrant and connected environment perfect for the local community."

One Colorado is the latest mixed-use retail center to add flexible workspace in partnership with Industrious. Industrious has also announced plans to bring its offerings to Country Club Plaza in Kansas City, MO, The Collection at UTC in La Jolla, CA, The Mall at Short Hills in Short Hills, NJ, and Broadway Plaza in Walnut Creek, CA. Its first mall location, Industrious Scottsdale - Fashion Square, opened earlier this year to great success, reaching near complete occupancy in just 10 weeks.

Across the country, Industrious members include large, well-known companies such as Pfizer, Hyatt, Airbus, Pandora, Lyft, Pinterest, and more. Industrious currently has over 80 locations across more than 40 U.S. cities.

### 

About Industrious

Industrious is the largest premium flexible workspace provider in the U.S. with over 80 locations in more than 40 U.S. cities. Its Workplace Experience platform, which pairs thoughtfully-designed spaces with hospitality-driven services and amenities, has reshaped the concept of coworking into a scalable solution for companies of all sizes and stages. Since its founding in 2013, Industrious has helped thousands of companies scale their businesses while maintaining the highest NPS scores in the industry. For more information, visit www.industriousoffice.com.

About ShopCore Properties

ShopCore Properties owns and operates more than 20 million square feet of retail space across the U.S. with significant holdings in Calif., Fla., N.Y., Pa. and Texas. Its assets are concentrated in densely populated markets and are anchored by best-in-class retailers, with more than 1 million square feet of retail real estate in its Florida portfolio. For leasing or general information on One Colorado, visit shopcore.com or reach William Gervin, Vice President of Leasing at ShopCore at 858-798-1481.

About One Colorado 

Located in the heart of the historic Old Pasadena, One Colorado offers an unparalleled experience with 244,633 square feet of unique destination shops, restaurants and entertainment for those of all ages. Anchors like Anthropologie, Sephora, and iPic Theater complement an array of specialty boutiques, flower and candy shops and fashion and beauty brands throughout the center. In the fall, One Colorado will welcome the Food District, featuring local, Los Angeles-based food concepts.