Pacific Workplaces (Pac) is a brand owned by PBC Management LLC, an operator of on-demand office spaces that manages a portfolio of Workplace-as-a-Service™ centers. Each center is a separate company, with separate ownership and capital structure. Individual centers contract with PBC Management LLC to bring marketing, financial, community curating, and other operating expertise to bear. Pac often partners with landlords to develop and manage coworking spaces, conference centers, and other forms of on-demand office spaces, as a strategic amenity to serve their overall real estate development. Pac also works with Economic Development Agencies to develop and manage incubation space that serves their community. When needed, Pac helps assemble investors to take ownership of individual centers and enjoy the risks and rewards of the portion of our business tied to real estate cycles. Currently, PBC Management LLC provides comprehensive management services to all centers branded Pacific Workplaces, including serviced offices and executive suites, and to locally branded coworking operations.
Vision, Mission, & Core Values
The Workplace is going through dramatic changes and we are leading that revolution. We coined the Workplace-as-a-Service ™ terminology the year the company started in 2003. We believe the Workplace needs to be hosted, curated, ubiquitous, and seamless. In this context, our mission is to Make Work More Productive and be the Workplace-as-a-Service™ operator of choice by our members, landlords, and investors alike. Our core values can be summed up in six letters: We Care!
The need for flexible workspace and coworking is exploding and so is the demand for our services, thanks to mobile technology, user cost consciousness, growing corporate demand for outsourced touchdown space, and individual choices made by mobile workers and professionals who want to work close to home. Users get a significant productivity boost from the professional environment, social interactions, and serendipity they find in our centers. Members, and the companies that sponsor them, join our business communities because we make their work more productive.
We found that shielding day-to-day management of our centers from the ups and downs of the real estate cycles is the best way to maximize success of the on-demand office and coworking operations we oversee, to everyone’s benefit. Thus, PBC Management LLC focuses all its attention on developing each center business community, while optimizing quality of service and occupancy, which in turn maximizes revenue and operating profit, often in partnership with our landlords. Each operation is owned by a separate entity which enjoys the risks and rewards of the real estate and economic cycles, while the management company focuses on optimizing revenue and profits and each location.
We believe that our critical path to success with solopreneurs, startups, corporate users, and mobile workers, lies in our focus on curating local business communities, while leveraging regional operational economies of scale and our affiliation with the global CloudTouchdown™ network of over 500 partnering locations. We do this extremely well.
Pacific Workplaces follows all GWA FraudWatch recommendations and guidelines.