National
WeWork and SoftBank settle lawsuit
TRD Staff | March 01, 2021 11:00AM
The battle between WeWork and SoftBank is over. The beleaguered co-working giant and its co-founder and former CEO, Adam Neumann, have reached a legal settlement with SoftBank Group, Bloomberg News reported, heading off a...
WeWork and SoftBank settle lawsuit
National
CBRE acquires 35% stake in flex-office provider Industrious
TRD Staff | February 22, 2021 12:35PM
CBRE Group has acquired a 35 percent stake in Industrious ahead of the flex-office provider’s possible 2021 IPO. “We...
CBRE acquires 35% stake in flex-office provider Industrious
National
WeWork slashes rents in some cities
TRD Staff | February 19, 2021 01:00PM
WeWork has slashed its rents across the country as workers continue to avoid going into offices. The New York-based flex-office provider dropped the price of its rental fees in November and in January by...
WeWork slashes rents in some cities
National Issue
Seismic shifts in the flex-office market
By Rich Bockmann | January 21, 2021 08:45AM
Montreal-based Breather, a company that rents workspaces by the day, made a bold announcement last month that reverberated throughout the world of flex-office operators. “Breather, in its current form as an operator, doesn’t make...
Seismic shifts in the flex-office market
National
Breather to liquidate 400 on-demand offices
TRD Staff | December 16, 2020 06:15PM
Breather, a startup that rents office space by the day, has run out of air. The Montreal-based company plans to shutter more than 400 locations in the United States, Great Britain and Canada. In...
Breather to liquidate 400 on-demand offices
Los Angeles
Industrious partners with landlords to offer tenants satellite workplaces
By Akiko Matsuda | November 18, 2020 11:00AM
Flexible-office provider Industrious is partnering on a program with office landlords that will give tenants the ability to use...
Industrious partners with landlords to offer tenants satellite workplaces
National
Knotel may slash its global portfolio by 60%
TRD Staff | November 11, 2020 05:55PM
Knotel once hoped to be the next WeWork. And as the pandemic rages on, it’s facing similar headwinds as...
Knotel may slash its global portfolio by 60%
National
We Company changes name back to WeWork
TRD Staff | October 14, 2020 06:15PM
In a throwback to a more innocent time — before anyone knew Adam Neumann packed a cereal box full of marijuana onto his private jet — the WeCompany is changing its name back to...
We Company changes name back to WeWork
National
Hudson’s Bay, Simon Property Group hit with $846M foreclosure lawsuit
TRD Staff | October 14, 2020 05:45PM
Wilmington Trust is suing a joint venture between Simon Property Group and Hudson’s Bay Company for allegedly failing to...
Hudson’s Bay, Simon Property Group hit with $846M foreclosure lawsuit
Medical co-working space operator buys Miami medical campus
By Wade Tyler Millward | September 29, 2020 06:00PM
UPDATED, Nov. 5, 2020, 12:23 p.m.: An owner and operator of medical co-working space bought a medical office campus in...
Medical co-working space operator buys Miami medical campus