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Saks Fifth Avenue
News

WeWork Planning Space In Saks Fifth Avenue Stores As Coworking Sees Revival

... called HBC Properties and Investments. In striking the deal with WeWork, HBC apparently is looking to take advantage of the ... stores, which it converted into coworking space. Later, as WeWork imploded following its failed IPO in late 2019, the coworking ...

Aug 10, 2021
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WeWork Reports $2.1B Loss In Q1, Including $500M From Settlement With Adam Neumann
News

WeWork Reports $2.1B Loss In Q1, Including $500M From Settlement With Adam Neumann

... quarter was negative $663M, $35M worse than in Q4. WeWork's operational reporting painted a slightly rosier picture, with global ... that helped doom its IPO attempt in 2019. But WeWork Executive Chairman and SoftBank Chief Operating Officer Marcelo Claure says ...

May 21, 2021
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WeWork Taps JLL To Lease 350K SF In LA
News

WeWork Taps JLL To Lease 350K SF In LA

... increase in tenants seeking full floors and full buildings, WeWork Territory Vice President Elton Kwok told Bisnow in an ... member deals,” Kwok wrote. JLL has also announced partnerships with WeWork in Denver, New York City, Boston, Atlanta, Dallas, Phoenix ...

Aug 26, 2021
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The Wonder Bread Factory building in Shaw, where WeWork is closing its coworking space.
News

WeWork Closing 3 Of Its Oldest D.C. Coworking Spaces

... reported the latter two closings Wednesday, citing emails to WeWork members.  “In streamlining our portfolio towards profitable growth, ... away from shared office environments during a pandemic. WeWork has responded to the pandemic by instituting new social ...

Oct 14, 2020
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An empty office
News

WeWork Launches Global Hybrid Work Initiative

... initiatives and incentivize hybrid work opportunities for businesses.   WeWork will work with London, Singapore, Los Angeles, Boston  ... "Our space as a service, All Access, and WeWork Workplace management solutions provide companies of all sizes — from ...

Sep 08, 2022
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WeWork exterior
News

WeWork Reports Leasing Surge Of 4.3M SF In 2 Months

... in occupancy from their low point during the pandemic. WeWork reported 662,000 memberships in December 2019, a total ... portfolio through building exits and renegotiated leases. Since March, WeWork says it has exited 17 locations and inked 51 amendments ...

Jun 21, 2021
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WeWork Has Closed Its 86K SF 'Charging Bull' Location Near Wall Street
News

WeWork Has Closed Its 86K SF 'Charging Bull' Location Near Wall Street

... to achieve profitability by shrinking its portfolio nationwide. “WeWork has continued to optimize its global real estate portfolio ... of the company’s plan to achieve profitability,” a WeWork spokesperson told Bisnow earlier this month. The company declined ...

Feb 18, 2021
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WeWork offices, wework, co-working space, open offices
News

WeWork Restricts Employee Travel, Increases Cleaning As Coronavirus Spreads

... teams. (Disclosure: Bisnow has offices at multiple WeWork locations.) WeWork also will require employees who travel to Mainland ... , including temporary building closures in some instances," WeWork said. "We continue to communicate directly with members ...

Mar 03, 2020
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WeWork Selects JLL As Broker Of Record In Dallas-Fort Worth
News

WeWork Selects JLL As Broker Of Record In Dallas-Fort Worth

... determine how they will handle the hybrid workplace model, WeWork offers ideal accommodations for both single-office users needing ... in Legacy North.  5960 Berkshire Lane in Preston Center. WeWork, along with other coworking and office sites, felt the pinch ...

Apr 08, 2021
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wework
News

WeWork Says It Has Paid 80% Of Rent, As SoftBank Battle Heats Up

... , Mathrani, speaking on CNBC's Squawk Box, stressed that WeWork can accommodate social distancing because its spaces are flexible.  ... as this pandemic prohibits our clients from using their WeWork office spaces, the purpose of their membership agreements is ...

May 12, 2020
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