These are boom times for WeWork. The co-working giant has been scooping up Boston office space at a torrid clip, some 1.5 million square feet in 16 buildings, from downtown towers to Fort Point warehouses. That’s nearly a Hancock Tower of desks that it rents from landlords and then sublets on flexible terms to everyone […]
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Viewing posts from: Downtown Office
Vacancies are low and the construction pipeline is deep this summer in Boston. Business demand focused on urban Boston continues to fuel a prolonged positive cycle. There was 1.5M SF of net tenant commitments in Q2, launching a combined 3.6M SF of office and lab construction for tenants like Amazon, MassMutual, Sanofi and State Street. […]
Read MoreWhen Gabriel Safar’s real-estate software startup LeasePilot had seven employees, it was headquartered in a WeWork space in Boston’s Back Bay. But as the company grew, so did Safar’s need for more room. LeasePilot employees needed quiet places to work, a professional atmosphere in which to bring customers or board members, and an office with […]
Read More11Jul
With WeWork Expected To Be Boston’s Largest Office Tenant, Experts Assess Coworking’s Risk Factor
Downtown OfficeWeWork is on track to have Boston’s largest office footprint by year’s end, the latest benchmark in coworking’s rapid ascent in New England’s largest city. Since first arriving in Boston in 2014, WeWork has quickly grown to be one of the largest tenants in the city. Deals this year include a 250K SF, 11-story lease at […]
Read More10Apr
ALL THE DOMINOS FALL’ Business debts are threatening a cascade of loss
Capital MarketsLeave a commentBy Catherine Carlock | Boston Business Journal | April 10, 2020 It was 5 p.m. on the Friday before April 1 when John Pepper finally picked up the phone to speak with one of his restaurant chain’s landlords. Pepper, the co-founder and former CEO of Boston-based Boloco, hadn’t wanted to answer the call. Luckily, it was good news — the landlord would […]
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