At many locations, WeWork managed to reduce its premises and rent.
In this new work era, the word office has become more of a verb than a noun.
The brokerage giant will pay roughly $400M to complete its acquisition of the coworking firm, which has more than 200 locations across 65 cities.
The company said it will exit 150 global locations and keep at least 300 under existing or renegotiated lease terms.
Office buildings don’t have to fade into obsolescenc, or be converted to alternative uses, according to Simon Moore, chief operating officer at Serendipity.
An activist investor says the coworking landlord is undervalued and should take drastic action to improve.
Read about the top transactions in Chicago commercial real estate this week.
WeWork's regional president of North America is eyeing management agreements and enterprise partnerships to help fuel expansion.
Users of WeWork Workplace will have access to more than 75 partner locations in more than 50 new markets across the United States and Canada.
What is driving more companies to embrace flexible office space, and what can these spaces offer that a traditional office can’t? Experts from WeWork weigh in
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