Premier Workspaces to Manage Orange County Coworking Space

120 Vantis Drive. Image courtesy of Premier Workspaces

Premier Workspaces, an Irvine, Calif.-based flexible workplace solutions company, is the new manager of a 23,000-square-foot coworking space in Aliso Viejo, Calif. The Brookhollow Group is the owner of the 177,000-square-foot office building that includes the shared space.

The landlord picked up the Orange County asset at 120 Vantis Drive in 2017 in a $53.5 million deal, CommercialEdge data shows. The five-story property dates back to 2002.

Situated on the building’s third floor, the coworking space was previously managed by Encore Offices. The flex location encompasses 86 private offices and meeting rooms, as well as virtual office and mail services suitable for hybrid workers or bigger teams. Common-area amenities include a fitness center, equipped kitchen, high-speed internet and free parking. Bank of America Mortgage, American Select Funding, Safeco Insurance and Pixel Film Studios, among others, are the tenants of the building.

The property is within half a mile of California State Route 73, connecting it to Interstate 5, the main route between San Diego and Los Angeles. Several dining and retail options, including Trader Joe’s, CVS and Ralphs, are less than a mile from the property.

As one of the national leaders in the coworking market, Premier Workspaces’ portfolio includes more than 85 flex office locations across 13 states, most of them on the West Coast. California is among the states that are currently registering major flex office activity. Just last week, SOMO Group announced the opening of a new 24,000-square-foot coworking space in the San Francisco metropolitan area.