WeWork Co-Founder Pushed Aside in $5B SoftBank Takeover
WeWork is accepting a $5 billion rescue package that hands control of the company to Japanese tech giant SoftBank and pushes aside co-founder Adam Neumann, but the company still has a long road ahead of it.
Coworking Accelerates Life Science Startup Timelines
Starting a company and raising capital to develop a therapy is hard enough work to begin with. Scientific entrepreneurs are then faced with high rents and lab construction costs that are two to three times what an office would be.
Four Keys to Designing a Thriving Life Science Incubator
Think of incubators as the “WeWork of the life sciences industry.” They provide a turnkey lab environment that can range from a single lab bench to a large, private lab that accommodates 100 people.
WeWork CEO Steps Aside Amid Questions About Firm’s Finances
WeWork CEO Adam Neumann is stepping aside amid questions about the company’s finances, but will remain on its board as non-executive chairman. The company leases over 1.6 million square feet of office space in Boston and Cambridge.
Reports: Some WeWork Directors Seek to Remove CEO
Some members of the WeWork board are unhappy with its leadership and plan to push WeWork CEO Adam Neumann to give up that title, according to several media reports.
WeWork Delays IPO as Investors Grow Wary
WeWork is pushing back its public debut as investor confidence appears to grow shaky in the office share company that had recently been valued at around $47 billion.
A Front-Row Seat on a Changing Boston
McCall & Almy’s Julie Gray works with big institutional clients, such as Partners Healthcare, Northeastern University and Berklee College of Music, on real estate projects that are changing the physical environment of Greater Boston for decades. Gray has brokered transactions topping 800,000 square feet in the past year alone.
WeWork Inks Lease for Three Floors at Downtown Tower
Downtown Boston’s 100 Summer St. tower has landed another major tenant, who will take over 100,000 square feet in the Financial District building.
Insurtech Firm Expanding in Boston
A tech company that specializes in communications software for the insurance industry has signed a full-floor lease in Boston’s Financial District.
WeWork Scouting Boston Sites for ‘HQ’ Model
WeWork is scouting more than a dozen locations in Boston for its new “HQ by WeWork” coworking model which rents entire floors of office buildings to startups looking for flexible real estate arrangements.
Staples, Workbar to Go Separate Ways
Staples and Workbar Monday announced they are ending a partnership that saw the latter open branches of its coworking empire in three Massachusetts Staples stores.
TAMI Tenants in the Hunt for Downtown Offices
The downtown Boston office market had another record year marked by peak rents, limited supply and significant large deal activity. Year-end absorption should eclipse 2.2 million square feet, as compared to 1.2 million square feet at the end of 2017.
Hot Property: Industrious Boston Financial District
Industrious has opened a 28,711-square-foot co-working space at 100 Summer St. in Boston’s Financial District.
110-Desk Coworking Space To Open In Davis Square
Coworking provider Spaces will open its second Boston-area location next month in Davis Square.
Coworking Options Expand In Gateway Cities
If you thought coworking was just something Millennials did in the big city, think again.
