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The pandemic-era preference for remote work has driven a renewed interest in attractive, well-managed co-working spaces in cities clustered around markets with large bases of employment, especially in technology-driven markets. In response to this trend, Fillmore acquired Keller Street Co-Working, a 10,000 sq. ft. facility in picturesque downtown Petaluma, California. Keller Street clients include local small businesses and executives of large companies based in the Bay Area.
Keller Street Co-Work is an example of solid long-term real estate investment in a unique asset with strong cash flow supported by a well-managed operating business.