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Regus argued it was allowed to terminate its lease because of rejected exterior signage plans.
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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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Managed offices could make up 30% of the flexible office market by 2030, Instant predicted.
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Wing members were informed they can use IWG's other coworking facilities.
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The pioneer of flexible workspace outlines hpw the sector will shake out
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Brookfield has submitted an indicative takeover proposal for IWG, driven by interest in serviced offices and the company's depressed shareprice
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Guy Hands hearts property
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Manchester's serviced office sector is smaller than many think, but there are opportunities for growth outside the city centre and within it
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A 30-year-old patent for the HQ designation is at stake in a federal lawsuit between the two biggest coworking companies.
The new investment will double WeWork's valuation.
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