Sonder added 25 properties in H2 ’21
Sonder Holdings Inc. added more than 25 new buildings across the U.S. to its portfolio in the second half of 2021. The company’s growth covers over a dozen cities, including major markets such as New York City, Nashville and Seattle. Sonder’s new locations include both hotel and apartment-style spaces.
Sonder’s East Coast expansion includes buildings in Boston, Miami, New York City, Philadelphia and Washington, DC. In DC, the company recently opened three new buildings in Georgetown, Barracks Row and the Central Business District. In New York City, Sonder’s recently opened Duane Street property is located in the heart of Tribeca with hardwood floors, curated artwork and thoughtfully designed rooms.
In the Central region, Sonder added 10 new buildings across Atlanta, Dallas, Nashville, New Orleans and San Antonio in the second half of 2021. Three of those buildings are centrally located in Nashville, including the historic Mastrapasqua Asset Management building. This property has been transformed into a modern hotel with 45 rooms. In Atlanta, Sonder opened a brand new building with more than 115 live units in Midtown South (shown above), featuring art by local artists and amenities such as a gym, yoga room, outdoor patio and restaurant. Additionally, in the Western region, Sonder added buildings in Los Angeles, Palm Springs and San Francisco in California, as well as Seattle.
“The U.S. continues to be a high-growth market for us with a strong and varied supply of real estate, and we plan to continue expanding aggressively,” said Martin Picard, cofounder/global head of real estate, Sonder. “Our future-forward model and well-capitalized business continue to attract prominent real estate partners, while our innovative approach to hospitality brings travelers from across the globe to our spaces. Our properties across the United States provide a wide variety of unique urban stays and we look forward to continuing to grow and evolve our portfolio with our current and future real estate partners.”
In addition to newly opened buildings, Sonder has also contracted a number of hotel and apartment-style spaces across the country, including partnering with Property Markets Group for a second time in Florida to operate a more than 130-unit building in downtown Miami.
“Working with Sonder at Society Las Olas in Fort Lauderdale was a phenomenal experience, and we look forward to collaborating again at Society Biscayne in the heart of downtown Miami,” said Ryan Shear, managing partner, Property Markets Group. “Sonder’s unique approach to hospitality—combining tasteful design with advanced technology and smooth operations at each property—is a major benefit to our residents and communities, and we’re pleased to expand this partnership.”