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