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Regus’ First Pasadena Location Fulfills Demand for Flexible Workspace

PASADENA, Calif. – (Oct 1, 2012) – As demand for flexible working increases across theU.S.,Regus, the world’s largest provider of flexible workplaces, today announced the opening of its first full service business center in Pasadena at 155 N. Lake Avenue.

“I am delighted that Regus has decided to open its first location in Pasadena,” said Mayor Bill Bogaard. “As the needs of today’s modern workforce change, the professional of the future has new needs and opportunities to be accommodated. Regus’ Pasadena location is testament to the fact that more and more people want and need flexible office space. Pasadena is a great location for an innovative company like Regus.”

In lieu of traditional office space, flexible workspaces are more adaptable to modern business needs providing mobile workers with a place to collaborate, network and socialize with other like-minded professionals. Regus’ investment in Pasadena comes as workers are looking to reduce their commuting time and improve their work-life balance.

“The reception we’ve had from the business community has been fantastic,” said Sande Golgart, Regus’ Regional Vice President. “Many local businesses who want to stay in Pasadena are in need of affordable space in a location that is convenient for them and makes a good impression when meeting with clients. Regus’ opening in Pasadena marks another milestone in our long-term growth strategy in Southern California.”

Pasadena is at the intersection of major air, land and rail shipping hubs and its proximity to Los Angeles serves as a magnet for businesses. Regus’ clients run the gamut - from the solopreneur who is launching his own business to a Fortune 500 company who wants to establish a presence quickly in Pasadena.

“From healthcare to science, Pasadena boasts a diverse economy, with hundreds of businesses in the local district. The city’s skilled workforce has the potential to bring new opportunities to the region helping drive California’s economy forward,” added Golgart.

The center features offices, virtual offices, a business lounge, meeting rooms, a videoconferencing studio and an administrative staff to provide support services. Regus’ global footprint and scalability allows companies to enter new markets and expand without being locked into long-term, fixed leases.

Across Southern California alone, Regus has 42 locations customers can drop-in and use.