Jones Lang LaSalle Inc.

11/29/2023 | Press release | Distributed by Public on 11/30/2023 08:59

The Malin chooses 1515 as first Texas location

AUSTIN, Nov. 29, 2023 - JLL announced today that The Malin, a members-only coworking club, has signed a 12,123 square-foot lease at 1515 Cesar Chavez, the Class A boutique office building in East Austin. Scheduled for a grand opening in summer 2024, this new office space marks The Malin's much-anticipated debut in the Texas market, offering an innovative workspace designed to accommodate 28 dedicated desks, 10 private offices and four meeting rooms.

JLL's Brent Powdrill, Bethany Perezand Kevin Kimbroughrepresented the landlord. HPI's Casey Casper and Kendall King represented the tenant.

"We are excited to open our first club in Texas," said CiarĂ¡n McGuigan, Founder and CEO of The Malin. "We look forward to contributing to the remarkable growth of the East Austin neighborhood, providing a seamless blend of beautiful, functional design that offers our members both the comforts of home and the resources of a cutting-edge office."

Conveniently located within walking distance to Plaza Saltillo and just one mile east of Congress Avenue and Austin's Central Business District, tenants will discover a vibrant neighborhood with modern residences, historic homes, bars, restaurants, breweries, galleries, hotels, retailers and live music venues.

Additionally, 1515 Cesar Chavez offers ground-floor retail, state-of-the-art technology, showers, private outdoor terraces, an underground parking garage, bicycle storage, 24/7 security and a highly competitive load factor, ensuring the most efficient use of space. Spec suites ranging from 5,000 to 16,000 square feet are currently under construction and will be available on the second floor starting June 2024.

"There is limited coworking in East Austin and The Malin will provide a perfect opportunity for individuals and businesses to establish a presence in the area and on Cesar Chavez, while enjoying the luxury and benefits of a brand-new Class A boutique building," said Powdrill, Managing Director. "We are thrilled to have facilitated this lease for 1515 and we are confident that The Malin will thrive in this new space, fostering a dynamic and innovative workspace for its members and also the flexibility for other customers at 1515 to expand into The Malin if needed."

The Malin is rapidly expanding its presence across the United States, with three locations in New York City and two in Nashville.

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