
WeWork Warns ‘Substantial Doubt’ It Can Stay in Business
WeWork is warning there’s “substantial doubt” about its ability to stay in business over the next year because of its financial losses and its need for cash, among other factors.
WeWork is warning there’s “substantial doubt” about its ability to stay in business over the next year because of its financial losses and its need for cash, among other factors.
In a move it said was aimed at meeting office tenants’ increasing preference for shorter, more flexible lease terms, commercial real estate brokerage Cushman & Wakefield announced a $150 million investment in coworking giant WeWork.
Boston Properties has opened Flex by BXP, a 35,000-square-foot flexible office space that occupies the entire third floor at the 31-story Hub on Causeway office tower.