Montreal-based Breather, which provides a platform for on-demand professional office space, announced that it has retained full-service commercial real estate firm Cushman & Wakefield as its exclusive broker.
Currently, Breather operates in Boston, New York City, the San Francisco Bay Area, and Ottawa. According to the company, Cushman & Wakefield will help Breather scale quickly both within these existing markets and expand to new markets this year, including cities like London, Los Angeles, Washington, D.C., Chicago, and Toronto.
“Breather has seen a sharp increase in demand for flexible workspace, affecting professionals, tech companies and real estate owners, alike,” said Julia Davis, director of real estate for Breather. “We’re thrilled to partner with Sean Black and the team at Cushman & Wakefield to help bring Breather to new markets. Cushman & Wakefield is an ideal partner for us and we’re confident their PCS services, comprehensive knowledge of key Breather markets and deep experiences working with high growth companies will allow us to achieve our goals as we expand.”
More specifically, Cushman & Wakefield’s Portfolio Services Center, a specialized business unit focused on high-velocity rollouts and growing portfolios, will partner with Breather to help it scale strategically in its new markets. One of Cushman & Wakefield’s initial projects will be identifying and securing a New York City headquarters for Breather’s growing team.
“The ability to lease turn-key and stylish on-demand short term meeting space through Breather’s mobile app and variable cost model is altering the face of commercial real estate as we know it,” said Sean Black, executive director of global brokerage for Cushman & Wakefield. Black is leading the Breather account for the firm.
“Breather is the leading micro meeting space provider in the world; their innovative technology has attracted the attention of major commercial property owners who see them not only as a strong tenant but a marketable amenity to their buildings. Our team at Cushman and Wakefield is privileged to have been chosen to work alongside Julia Davis and her team in advising Breather on its North American and global expansion.”
Related: Breather raises USD $20 million from Peter Thiel’s Valar Ventures, others