Companies are now seeking out short term leases, leaving landlords with few options to fulfill long leases, but coworking firms may be the solution to this problem.
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WeWork has signed 54,700 square feet of office space across three locations in Manhattan for its Headquarters by WeWork arm to meet the needs of medium-sized companies.
Implementing yoga in the workplace could be tied to improved health and an increase in employee productivity and satisfaction as it helps shape a workplace’s culture.
Rise Collaborative, a St. Louis-based coworking operator that caters to professional women, will open its new 10,000 square feet location in Denver’s Hale neighborhood.
WeWork may take a big hit as a recession inches closer, with S&P Ratings finding that $3.1 billion of the U.S. commercial mortgage debt has exposure to the unicorn.
IWG has sold its Japan branch for £320 million to TKP Corporation in its first franchise deal, leading its shares to raise by 23% as it moves away from leasing models.
Coworking firm Garage Society has announced three more Gurgaon locations that will house 2,900 seats and expand the company’s overall footprint to 150,000 square feet.
New York’s Silicon Alley has inked a deal to build a 21-story hybrid workspace called NYC Tech Hub that will include an office and incubator as other boroughs look on.