Quest Workspaces, banking on the growing popularity of co-working spaces, just expanded into Plantation with a lease valued at $4.9 million.
The deal was announced by Newmark Grubb Knight Frank’s Lance Benson, who represented Quest for its long-term 22,000-square-foot lease at 150 South Pine Island Road.
With this most recent expansion, Quest now operates more than 169,000 square feet of co-working spaces in South Florida alone. The company also has a prominent presence in New York.
The company offers flexible turn-key spaces for startups and other businesses, which rent on a monthly basis. Quest also has conference rooms that can be rented by the hour or day.
Recent years have seen an explosion of coworking companies that rent large swaths of office space, then sublease out small portions to prospective tenants. Some of the ones operating in South Florida include Büro, WeWork, Pipeline Workspaces and Regus.