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October 16, 2025
International Workplace Group announced a bevy of new co-work locations this summer, as the DJC then reported. Among those half dozen-plus flexible office hubs, a few more were slated to open this fall. Belltown's Bay Vista office tower — separate from the condos upstairs! — is notable among them. The offices were foreclosed last fall by the lender, Värde Partners, which is working with Bayspring Real Estate Partners to repopulate the space. On their behalf, Cushman & Wakefield has been representing the five podium office levels at 2815 Second Ave. IWG will open at Bay Vista next month using its Regus brand (other brands include Spaces, HQ and Signature). It didn't specify the office footprint, but the vacant fourth floor seems likely, with 16,035 square feet. Since the pandemic, for IWG and its competitors, the co-work niche has proven valuable for companies that shed leases and staff, then find themselves in need of short-term space.