Key Points
On the last day of the third quarter, WeWork withdrew its IPO filing and kicked off a desperate race to find fresh capital to keep the business afloat. At the same time, the company was wrapping up a period of breakneck expansion, signing up big facilities in cities like New York, Los Angeles and Boston. According to data just released by real estate firm CBRE and provided to CNBC, WeWork leased a total of about 2.8 million sq ft.... RSK: Yes, landlords will now start to share in the rewards as well as the risks. | ||
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