WeWork Rolls Out New, Cheaper Office Services for Midsize Tenants
BY REBECCA BAIRD-REMBA AUGUST 8, 2018 4:31 PM
WeWork unveiled details today about a new suite of services called “HQ by WeWork,” which is designed to host midsize tenants.
The coworking company hopes to get a foothold on the growing sector of the corporate market that includes companies employing 11 to 250 people by offering in-house brokerage services, leasing and office management, executives announced during a press briefing this morning at WeWork’s West 23rd Street outpost in Chelsea. The Flatiron-based company has already inked six leases with midsize tenants who typically take a full floor of 5,000 or 6,000 square feet, and it’s negotiating 400,000 square feet of leases throughout Manhattan. The new offerings will initially be available in New York City, but WeWork hopes to expand HQ to pricey markets across the country and the globe by the end of this year.