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WeWork Default A 'Real Possibility' After Fitch Downgrades Coworking Provider
WeWork's numbers are weak, and the economy might be next year as well.
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WeWork's numbers are weak, and the economy might be next year as well.
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The announcement of a new Framingham space comes after Workbar's expansion to Salem and Quincy.
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Out of the top 25 coworking markets, Houston saw the most growth in Q2.
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IWG will add offices in Arlington Heights, Downers Grove, Elgin, Libertyville, Lombard, Naperville, Oakbrook Terrace and Vernon Hills, among other locations.
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The company and its landlords raised concerns that competitors could poach its customers if the names were exposed in court.
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DivcoWest wants all of the rent it would be owed through 2032.
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Vast Coworking Group will open a Venture X location spanning three stories at Downtown Miami's historic Security Building.
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With the funding comes expansion plans from the startup, which is growing across the Southeast.
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2,800 WeWork members, as well as the company's corporate staff, operate out of the tower's 20 floors.
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DFW ended Q2 with 271 coworking spaces, falling just behind front-runner Los Angeles, which grew by 3% in the quarter to 279 spaces.
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