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Newport Beach Gets First WeWork Location

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New York-based WeWork, the largest and fastest-growing coworking landlord in Orange County, has added its first Newport Beach location to its local portfolio.

The company is taking space at the 100 Bayview Circle office complex, near the intersection of Jamboree Road and South Bristol Street, and about two miles from John Wayne Airport.

CoStar Group Inc. records indicate that WeWork will be occupying about 51,500 square feet at the six-story property. It’s among the larger local office leases of the past quarter.

The 346,000-square-foot Bayview complex is owned by Plano, Texas-based real estate investor Granite Properties, which paid about $125.6 million for the property last September.

WeWork “will occupy the entire first floor with direct connectivity to the atrium-style lobby and outdoor workspace,” according to Jason Purvis, senior managing director, Granite Properties.

This will be the seventh WeWork location in Orange County, and will bring its total area portfolio close to 350,000 square feet. A majority of that space has been added the past two years.

The Newport Beach location is scheduled to open in the fall.

“We see a lot of growth opportunity and potential for WeWork in Orange County and it will continue to be a focus of ours,” said Kley Sippel, general manager for WeWork’s Southern California operations.

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Mark Mueller
Mark Mueller
Mark is the Editor-in-Chief of the Orange County Business Journal, one of the premier regional business newspapers in the country. He’s the fifth person to hold the editor’s position in the paper’s long history. He oversees a staff of about 15 people. The OCBJ is considered a must-read for area business executives. The print edition of the paper is the primary source of local news for most of the Business Journal’s subscribers, which includes most of OC’s major corporate and community players. Mark’s been with the paper since 2005, and long served as the real estate reporter for the paper, breaking hundreds of commercial and residential real estate stories. He took on the editor’s position in 2018.

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