Photo: Courtesy of Colliers International
The coworking game is heating up in Norfolk.
On Wednesday, Chicago-based City Center Novel Coworking LLC bought for $4 million City Center at 223 E. City Hall Ave. in Norfolk, according to city records. The seller of the 54,944-square-foot downtown building built in 1987 was an entity tied to Miami-based LNR Partners LLC.
Novel Coworking plans to open in Norfolk this fall a coworking space after completing renovations at City Center. The company plans to convert the vacant third and fourth floors of City Center to coworking space aimed at tapping into Norfolk’s small business community. The first floor is currently retail, and the second floor is office space.
