Re:The Property Industry Is Falling Out of Love with WeWork
by dsr_ on Wednesday December 19, 2018 @10:09PM
(#18722195)
Office building landlord negotiations are rarely problematic. The issues come from (a) new landlords who don't know what they're doing; (b) new tenants who don't know what they're doing; (c) trying to actually find space that works.
WeWork doesn't give more power to the tenant. WeWork is going to be less flexible on terms for the tenants, because they're doing smaller, shorter-term deals. No space improvement, no reconfiguration, no nothing -- you want the space or not?
WeWork doesn't give more power to the tenant. WeWork is going to be less flexible on terms for the tenants, because they're doing smaller, shorter-term deals. No space improvement, no reconfiguration, no nothing -- you want the space or not?