PHILADELPHIA, PA — CBRE announced that it has arranged a 48,069 s/f lease for Spaces, a coworking brand of IWG that originated in Amsterdam, at 1626 Locust St. in Center City, Philadelphia. CBRE first vice president Stephen Kriz represented Spaces during the lease negotiations, while Doug Himmelreich and Mike Dolan of Stockton Real Estate Advisors represented the building’s owner, Cross Properties. Spaces’ first Philadelphia location is located at the Hale Building, where it occupies 37,735 s/f. Kriz also represented Spaces in that transaction. “Rittenhouse Square is an ideal place for Spaces to open their second Philadelphia location,” said Kriz. “Their unique coworking environment provides a strong collaborative workplace for the many entrepreneurs and corporate users in Center City.”