Having raised $23m to enter the co-workspace sector, URBIN has acquired its first location. It's paid $12.5m for a 52,719 sq ft office building in Coral Gables, in southern Miami, which the start-up hopes to open as a fully operational co-working space and fitness centre by early 2019. The company is also looking at other locations around Miami that it can use as offices, including one on Brickell Avenue near the University of Miami.
Having raised $23m to enter the co-workspace sector, URBIN has acquired its first location. It's paid $12.5m for a 52,719 sq ft office building in Coral Gables, in southern Miami, which the start-up hopes to open as a fully operational co-working space and fitness centre by early 2019. URBIN also plans to raise a further $50m later this year.