having raised $ 23 m to expand the co - workspace sector , URBIN has acquired its first location . It 's paid $ 12.5 m for a 52,719 sq ft office building in nearby Gables , in southern London , which the start - up intends to open as a fully operational co - working space and fitness centre by early 2019 . URBIN also plans to raise a further $ 2 million later this year .
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.