It’s one of your greatest costs. But there’s a way to make sure your real estate portfolio is optimized for value, performance and low risk.
It took eight and a half years for WeWork to climb to the top of the CRE world and just a fraction of that time for it to all come crashing down. Managing Principal Allen L. Rogoway lends his opinion about the future of the coworking giant and the potential ripple effects for the real estate world.
While it is not the right fit for every company, coworking provides some advantages when it comes to flexible lease terms and capacity, as well as financial commitments and risk aversion.
Talk of WeWork's demise is no doubt overplayed, but the challenges for the shared-office operator are very real.