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WeWork Met Square
News

WeWork Losses Narrow Sharply, Desk Sales Hit Highest Mark Since Pandemic

... As evidenced by our recently announced partnership with Yardi, WeWork can be a solution for optimizing space utilization in ... percentage point increase from Q4, the company reported. WeWork’s physical occupancy including signed but not occupied memberships ...

May 12, 2022
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The second floor common area in WeWork's new 1701 Rhode Island Ave. NW space
News

WeWork Joining With Yardi To Build New Workplace Tech Tool

... booking capabilities to create an enhanced version of its WeWork Workplace tool, the companies announced Wednesday.  The new ... allow employees in their office space — and at WeWork locations or WeWork affiliates — to book desks, offices or conference rooms ...

Apr 14, 2022
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WeWork Met Square
News

WeWork Losses Top $4.4B, But Earnings Report Still Tinged With Optimism

... as the company continues its expansion this year. In January, WeWork acquired Common Desk, a Dallas-based coworking operator with 23 ... with landlords. The deal closed in March. In February, WeWork announced an investment in Upflex, a platform that aggregates ...

Mar 11, 2022
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WeWork Met Square
News

WeWork Reports 'Material Weakness' In BowX Financial Statements, Plans Revision

... material weakness will be described further in amended reports. "WeWork’s plans to restate the financial statements of its ... predecessor, BowX, are unrelated to WeWork’s current operations and WeWork's financial statements," the company said in a ...

Dec 02, 2021
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Saks Fifth Avenue
News

WeWork Planning Space In Saks Fifth Avenue Stores As Coworking Sees Revival

... called HBC Properties and Investments. In striking the deal with WeWork, HBC apparently is looking to take advantage of the ... stores, which it converted into coworking space. Later, as WeWork imploded following its failed IPO in late 2019, the coworking ...

Aug 10, 2021
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WeWork Reports $2.1B Loss In Q1, Including $500M From Settlement With Adam Neumann
News

WeWork Reports $2.1B Loss In Q1, Including $500M From Settlement With Adam Neumann

... quarter was negative $663M, $35M worse than in Q4. WeWork's operational reporting painted a slightly rosier picture, with global ... that helped doom its IPO attempt in 2019. But WeWork Executive Chairman and SoftBank Chief Operating Officer Marcelo Claure says ...

May 21, 2021
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WeWork Taps JLL To Lease 350K SF In LA
News

WeWork Taps JLL To Lease 350K SF In LA

... increase in tenants seeking full floors and full buildings, WeWork Territory Vice President Elton Kwok told Bisnow in an ... member deals,” Kwok wrote. JLL has also announced partnerships with WeWork in Denver, New York City, Boston, Atlanta, Dallas, Phoenix ...

Aug 26, 2021
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An empty office
News

WeWork Launches Global Hybrid Work Initiative

... initiatives and incentivize hybrid work opportunities for businesses.   WeWork will work with London, Singapore, Los Angeles, Boston  ... "Our space as a service, All Access, and WeWork Workplace management solutions provide companies of all sizes — from ...

Sep 08, 2022
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The Wonder Bread Factory building in Shaw, where WeWork is closing its coworking space.
News

WeWork Closing 3 Of Its Oldest D.C. Coworking Spaces

... reported the latter two closings Wednesday, citing emails to WeWork members.  “In streamlining our portfolio towards profitable growth, ... away from shared office environments during a pandemic. WeWork has responded to the pandemic by instituting new social ...

Oct 14, 2020
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WeWork Met Square
News

WeWork Reports Leasing Surge Of 4.3M SF In 2 Months

... in occupancy from their low point during the pandemic. WeWork reported 662,000 memberships in December 2019, a total ... portfolio through building exits and renegotiated leases. Since March, WeWork says it has exited 17 locations and inked 51 amendments ...

Jun 21, 2021
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