The Malin chooses 1515 as first Texas location
JLL secures a partnership structure for a members-only coworking club
AUSTIN, Nov. 29, 2023 – The Malin, a members-only coworking club will occupy 12,123 square feet 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.
“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 partnership 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."
“We are excited to open our first club in Texas,” said Ciarán 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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About JLL
For over 200 years, JLL (NYSE: JLL), a leading global commercial real estate and investment management company, has helped clients buy, build, occupy, manage and invest in a variety of commercial, industrial, hotel, residential and retail properties. A Fortune 500® company with annual revenue of $20.8 billion and operations in over 80 countries around the world, our more than 106,000 employees bring the power of a global platform combined with local expertise. Driven by our purpose to shape the future of real estate for a better world, we help our clients, people and communities SEE A BRIGHTER WAYSM. JLL is the brand name, and a registered trademark, of Jones Lang LaSalle Incorporated. For further information, visit jll.com.