Category: WeWork

WeWork goes suburban, to open in Coral Gables this fall

Rendering of Giralda Place and Adam Neumann Co-working giant WeWork will open a location in Coral Gables this fall, The Real Deal has learned. WeWork will lease space at Giralda Place, a mixed-use project under construction in downtown Coral Gables, a spokesperson confirmed on Thursday. WeWork Ponce De Leon will

WeWork building in South Beach for sale, could fetch in high $40M range

WeWork building (Credit: CoStar Group) The WeWork-leased building in the South-of-Fifth neighborhood of Miami Beach has hit the market without a price tag. The property could sell in the high $40 million range, Marcus & Millichap’s Douglas K. Mandel, who’s active in South Beach, told The Real Deal. The 43,500-square-foot Class

WeWork to lease roughly 65,000 sf at Brickell City Centre

A rendering of Two Brickell City Centre and WeWork’s Miguel McKelvey and Adam Neumann Coworking giant WeWork has signed a deal to lease nearly 65,000 square feet of uncompleted office space at Swire Properties’ Brickell City Centre project, sources told The Real Deal. A source with knowledge of the lease

WeWork to open in Miami Beach’s South-of-Fifth

WeWork’s first location on Lincoln Road WeWork, a shared office space provider that opened its first South Florida outpost on Miami Beach’s Lincoln Road last summer, now plans to open another site in the South-of-Fifth neighborhood. The space, at 429 Lenox Avenue, will open on May 1, the New York-based…

WeWork inks lease for entire Security Building in downtown Miami

From left: WeWork’s Miguel McKelvey and Adam Neumann, and the Security Building in downtown Miami (Credit: Wikipedia Commons user Ebyabe) WeWork, the New York-based company that operates dozens of co-working spaces in four countries, signed a lease for the entire Security Building in downtown Miami, The Real Deal has learned. The shared office…

WeWork could have trouble meeting $10B financial projections

Adam Neumann WeWork, a startup that leases office space to other startups, is now worth $10 billion, but an investor presentation obtained by The Information suggests the long-term financial situation of the company may be perilous. In the presentation, WeWork projects a 2018 operating profit of $942 million on $2.9 billion in revenue, a far