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Home News Coworking

IWG Takes Over Former WeWork West Hollywood Location

The new Spaces location situated on North La Brea Avenue will feature 160 private offices, 12 meeting rooms, as well as 10 phone booths. 

Aayat AlibyAayat Ali
April 26, 2022
in Coworking
Reading Time: 1 min read
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IWG Takes Over Former WeWork West Hollywood Location
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IWG will open a new Spaces location in West Hollywood, taking over a former 48,000 square foot WeWork space.  

The location situated on North La Brea Avenue will feature 160 private offices, 12 meeting rooms, as well as 10 phone booths.  

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WeWork ended its lease last year after it offset some of its underperforming locations, which caused it to lose money. 

IWG’s commissioned research shows that 70% of job candidates are seeking hybrid work arrangements, with half of employees threatening to leave their jobs if they are forced to return to the office full-time. 

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“Companies are rapidly appreciating that one size does not fit all when it comes to hybrid work,” said Mark Dixon, founder and CEO of IWG. “They are now adapting their approach to meet the new expectations of their employees, while taking advantage of the many competitive advantages that hybrid brings, including reduced costs, improved productivity and increased talent retention.”  

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Source: Commercial Observer
Tags: CoworkingCRE
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Aayat Ali

Aayat Ali

Aayat is an editor for the Daily Digest based in Lexington, Kentucky. She has worked with local coworking spaces since August of 2017 and enjoys taking her firsthand knowledge to write about the fascinating, constantly evolving world of flexible workspaces.

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