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WeWork's Bankruptcy Sends NYC Office Market Into Scramble Mode
News

WeWork's Bankruptcy Sends NYC Office Market Into Scramble Mode

... leases often at above-market rents, its potential replacements like IWG and Industrious are likely looking to sign a management deal ...

Nov 07, 2023
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This Week’s Denver Deal Sheet
News

This Week’s Denver Deal Sheet

... so excited to bring so many new centers to Colorado,” IWG Americas CEO Wayne Berger said in a press release. “The ...

Sep 22, 2023
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Spaces Reveals Renderings For Office Redesign In CityCentre
News

Spaces Reveals Renderings For Office Redesign In CityCentre

... , the competition is robust but the demand is also high, IWG Area Sales Manager Terrance Hines said. Tenants expect amenity- and ... move forward."  With more than 30 years in the business, IWG, the parent company of Spaces and Regus, will occupy 54K ...

Feb 26, 2019
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Ominous Sign: Nearly Two-Thirds Of WeWork Locations In NYC Are In Older Buildings
News

Ominous Sign: Nearly Two-Thirds Of WeWork Locations In NYC Are In Older Buildings

... his firm — the third-largest U.S. coworking operator after IWG and WeWork — in the wake of WeWork's going concern ...

Aug 24, 2023
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As Bankruptcy Looms Over WeWork, Attention Turns To Its Massive Real Estate Footprint
News

As Bankruptcy Looms Over WeWork, Attention Turns To Its Massive Real Estate Footprint

... landlords, not all coworking operators are feeling the same pain. IWG, which primarily relies on a franchise model, reported record-high ...

Aug 10, 2023
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This Week's N.Y. Deal Sheet
News

This Week's N.Y. Deal Sheet

... SF, per the Post, until it was closed by parent IWG in 2022 after a troubled few years. Cofinance paid $18M ...

Aug 08, 2023
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Coworking Firm Spaces To Occupy 91K SF At 2+U
News

Coworking Firm Spaces To Occupy 91K SF At 2+U

Spaces, a coworking firm owned by IWG, will lease 91K SF on three contiguous floors in Skanska’ ... to an incredible ecosystem of large corporations, startups and entrepreneurs,” IWG Vice President of Network Development Michael Berretta said in a ...

Jan 07, 2019
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WeWork Raises $3B More From SoftBank, Now Valued At $42B
News

WeWork Raises $3B More From SoftBank, Now Valued At $42B

... world’s biggest serviced office firm by number of desks, IWG. IWG has around 3,000 sites compared to WeWork’s 170.

Nov 13, 2018
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How The Mailbox Ends Up Writing A Letter To Its Creditors
News

How The Mailbox Ends Up Writing A Letter To Its Creditors

... Nichols department store. It totals 698K SF. In May 2022 IWG opened a new 50K SF serviced office facility under its ...

May 03, 2023
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Too Much WeWork In A Building Still Makes Investors Nervous
News

Too Much WeWork In A Building Still Makes Investors Nervous

... the downfall of Regus, which has since been bought by IWG (which is working toward a sale itself). Judging by SoftBank ... in coworking. Optimists consider the diversification to be positive, but IWG CEO Mark Dixon wonders if WeWork is repeating Regus' mistakes ...

Aug 29, 2018
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