WeWork’s landlords buckle up
CRETech
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1 minute read
For New York City landlords needing a quick fix to fill empty office space, WeWork has been a go-to tenant for years.
Now, with the office-space company in turmoil, those property owners suddenly feel a lot less secure. Some are turning to WeWork competitors to line up options in the event they need to suddenly fill space.
“Many conversations are high-level,” said Katharine Lau, senior director of real estate at Industrious, an office-space company that enters partnership agreements with landlords. “We are seeing an increase across the board.”