Tag: Coworking

Andre Fernandez previously served as CFO at technology firm NCR Corp. and will officially join WeWork on June 10.

This most recent round brings Upflex’s total funding to $34.1 million and will be put towards expanding its services to more flexible office operators.

Global factors are impacting the stock market. One theory that could explain IWG’s falling shares is that the stock market is currently more focused on profitability, rather than physical footprint.

The new coworking space will take up 21,500 square feet and is expected to open this December.

The post-pandemic era is driving the need for flexibility and highly-amenitized workspaces, thus allowing operators to quickly reach pre-pandemic levels.

The new partnership seeks to enhance wellness and mental health support for members in a professional setting by matching them to a licensed therapist.

The deal, which is expected to be completed in July of 2022, is 94% higher than Bizspace’s valuation when Sirius purchased the firm last November.

The investment will be used towards expanding its network of operators in the US, as well as fleshing out new products.

Gone are the days of these spaces being dedicated to only bright-eyed and bushy-tailed startups. Now, corporations are climbing aboard the flexibility express. 

Premier Workspaces is celebrating its 20th anniversary as a flexible office provider. The company now manages over 1.5 million square feet of workspace across the U.S.