Workspace Property Trust

About Workspace Property Trust

Workspace Property Trust is a real estate operator headquartered in Boca Raton, FL. Workspace Property Trust operates in Atlanta, Georgia, Charlotte, North Carolina and Chicago, Illinois. Its investment focus is on Industrial, Life Science and Suburban Office.

Workspace Property Trust is a privately held, vertically integrated commercial real estate investment, development, and management company founded in 2015 by Thomas A. Rizk and Roger W. Thomas. Headquartered in Horsham, Pennsylvania, the company has operated for approximately 11 years, specializing in suburban office properties, industrial facilities, research and development (R&D) buildings, and flexible office/industrial spaces. Its operations include property acquisitions, ownership, leasing, asset management, redevelopment, and construction management. Workspace owns approximately 18–19 million square feet across more than 200 properties in approximately 22 U.S. markets, including Philadelphia, Phoenix, Tampa, Minneapolis, Houston, and Atlanta. Its portfolio expanded significantly through a $1 billion acquisition in 2022, nearly doubling its footprint. The company focuses on acquiring and repositioning suburban commercial properties, upgrading existing buildings, and providing flexible leasing arrangements for corporate tenants. Its development activities emphasize office campus improvements, tenant-specific renovations, building modernization, and adaptive reuse of existing commercial assets across major metropolitan markets.

Principals at Workspace Property Trust

Recent activity at Workspace Property Trust

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Workspace Property Trust's project portfolio

No projects on file for Workspace Property Trust yet.

Markets and themes

Markets Workspace Property Trust operates in

• Atlanta, Georgia
• Charlotte, North Carolina
• Chicago, Illinois
• Cincinnati, Ohio
• Columbus, Ohio
• Dallas, Texas
• Houston, Texas
• Minneapolis-St.Paul, Minnesota
• Philadelphia-Camden-Wilmington, Pennsylvania-Delaware
• Phoenix, Arizona
• Portland, Oregon
• San Francisco - Oakland Bay Area, California
• Seattle, Washington
• St. Louis, Missouri
• Washington DC

Investment themes at Workspace Property Trust

• Industrial
• Life Science
• Suburban Office

Capabilities

• Asset Management
• Data-driven
• Economic Development
• Public-private partnerships
• Technology-forward
• Transit-oriented development
• Urban infill

Operators similar to Workspace Property Trust

• SunCap Property Group
  Institutional tierAtlanta, GeorgiaCincinnati, Ohio+12 more marketsIndustrialLife Science
• Prologis
  Institutional tierAtlanta, GeorgiaCincinnati, Ohio+12 more marketsIndustrialLife Science
• Kimco Realty Corporation
  Institutional tierAtlanta, GeorgiaCincinnati, Ohio+13 more marketsSuburban Office
• EQT Exeter
  Institutional tierAtlanta, GeorgiaCincinnati, Ohio+11 more marketsSuburban OfficeIndustrial+1 more theme
• Greystone & Co., II LLC
  Institutional tierAtlanta, GeorgiaCincinnati, Ohio+11 more marketsSuburban OfficeIndustrial
• Trammell Crow Company
  Institutional tierAtlanta, GeorgiaSan Francisco - Oakland Bay Area, California+9 more marketsSuburban OfficeIndustrial+1 more theme
• Hines
  Institutional tierAtlanta, GeorgiaCincinnati, Ohio+9 more marketsIndustrialSuburban Office+1 more theme
• CIM Group
  Institutional tierAtlanta, GeorgiaCincinnati, Ohio+10 more marketsIndustrial
• Regency Centers
  Institutional tierAtlanta, GeorgiaCincinnati, Ohio+11 more markets
• Agree Realty
  Institutional tierMinneapolis-St.Paul, MinnesotaChicago, Illinois+11 more markets

Frequently asked questions about Workspace Property Trust

What does Workspace Property Trust do?

Workspace Property Trust is a privately held, vertically integrated commercial real estate investment, development, and management company founded in 2015 by Thomas A.

Where is Workspace Property Trust based?

Workspace Property Trust is headquartered in Boca Raton, FL.

What markets does Workspace Property Trust operate in?

Workspace Property Trust is active in Atlanta, Georgia, Charlotte, North Carolina, Chicago, Illinois, Cincinnati, Ohio, Columbus, Ohio, and Dallas, Texas.

How many employees does Workspace Property Trust have?

Workspace Property Trust has 51–200 employees.