Coworking

REITs Contend With Flexible Lease Demands

New accounting standards and the growth of coworking will prompt publicly traded owners to adjust their terms, adding some uncertainty to their balance sheets.

Knotel Inks 4 New Leases in Manhattan

The shared workspace provider added new locations in New York City’s Midtown South and Midtown East neighborhoods totaling 76,412 square feet.

Eugene Lee, Global Head of Real Estate and Business Development, Knotel

Knotel Grows Presence in Europe

With the acquisition of Deskeo, France’s leading operator of flexible office space, the company has expanded its footprint, adding 20 locations in Paris.

Spaces Signs On as Anchor Tenant at Miami’s One CocoWalk

The coworking firm will occupy nearly 43,000 square feet at the five-story office property taking shape within CocoWalk, a retail-driven lifestyle center undergoing redevelopment in Coconut Grove.

Julie Whelan, Global Head of Occupier Research, CBRE

How Coworking Affects Asset Values

CBRE sampled recent office sales around the country to assess the influence of flexible workspace on cap rates and property values.

Pennzoil Place

Bond Collective Enters Houston Market

The coworking firm signed a lease for more than 25,000 square feet at Pennzoil Place, an iconic high-rise in the city’s CBD. Transwestern and Cushman & Wakefield assisted the parties in the deal.

WeWork Inks 236 KSF Lease in New York City

The coworking giant’s lease makes up nearly a third of CIM Group’s 1440 Broadway. WeWork will also get a private entrance and lobby at the building.

WeWork Expands VA Footprint

The company is set to occupy more than 80,000 square feet at CEB Tower at Central Place in Rosslyn, a JBG Smith property.

Brokers Predict Positive CRE Market in 2019

Participants in Transwestern’s new sentiment survey weigh in on what the New Year will bring for the office, medical office and industrial sectors.

Wrapper Tower

Samitaur Constructs Obtains $232M for Creative Office Portfolio

Square Mile Capital Management LLC and Deutsche Bank originated the financing for the company’s 319,000-square-foot collection of assets in Culver City, Calif.