{"id":3000073532,"date":"2024-03-19T09:33:02","date_gmt":"2024-03-19T13:33:02","guid":{"rendered":"https:\/\/www.wework.com\/ideas\/?post_type=news&#038;p=3000073532"},"modified":"2024-08-22T05:21:47","modified_gmt":"2024-08-22T09:21:47","slug":"wework-announces-eight-lease-assumptions-in-u-s-and-canada","status":"publish","type":"news","link":"https:\/\/www.wework.com\/ideas\/newsroom-landing-page\/wework-announces-eight-lease-assumptions-in-u-s-and-canada","title":{"rendered":"WeWork announces eight lease assumptions in U.S. and Canada"},"content":{"rendered":"\n<p><\/p>\n\n\n\n<p>New York, NY \u2013 March 19, 2024 \u2013 WeWork, a leading global flexible space provider, announced eight new lease assumptions today resulting from its strategic restructuring and negotiations with landlords across the United States and Canada.&nbsp;<\/p>\n\n\n\n<p>The assumptions, which are subject to court approval, are for WeWork\u2019s leases at <a href=\"https:\/\/www.wework.com\/buildings\/135-madison-ave--new-york-city--NY\">135 Madison Avenue<\/a> in New York City, <a href=\"https:\/\/www.wework.com\/buildings\/18-west-18th-street--new-york-city--NY\">18 W 18th Street<\/a> in New York City, <a href=\"https:\/\/www.wework.com\/buildings\/400-capitol-mall--sacramento--CA\">400 Capitol Mall<\/a> in Sacramento, <a href=\"https:\/\/www.wework.com\/buildings\/constellation-place--los-angeles--CA\">Constellation Place<\/a> in Los Angeles, <a href=\"https:\/\/www.wework.com\/buildings\/riverpark-tower--sf-bay-area--CA\">Riverpark Tower<\/a> in San Jose, <a href=\"https:\/\/www.wework.com\/buildings\/1600-7th-ave--seattle--WA\">1600 7th Avenue<\/a> in Seattle, <a href=\"https:\/\/www.wework.com\/buildings\/1155-perimeter-center-west--atlanta--GA\">1155 Perimeter Center West<\/a> in Atlanta and <a href=\"https:\/\/www.wework.com\/buildings\/l-avenue--montreal--QC\">L\u2019Avenue<\/a> in Montreal. These agreements signal continued momentum in the Company\u2019s financial reorganization and progress toward a real estate portfolio built for long-term, sustainable success.\u00a0<\/p>\n\n\n\n<p><a href=\"https:\/\/document.epiq11.com\/document\/getdocumentbycode?docId=4308324&amp;projectCode=WWK&amp;source=DM\">Learn more about today\u2019s lease assumptions.<\/a><\/p>\n\n\n\n<p><strong>STATEMENTS REGARDING LEASE ASSUMPTIONS&nbsp;<\/strong><\/p>\n\n\n\n<p><em>135 Madison Avenue<\/em><\/p>\n\n\n\n<p>\u201cWeWork\u2019s collaborative workspaces at 154 W 14th Street and 135 Madison Avenue equip individuals, entrepreneurs, and growing companies to achieve new levels of productivity in sought-after locations of the city. We are glad to continue our partnership with WeWork and look forward to working together in this exciting new chapter,&#8221; said Koeppel Rosen.<\/p>\n\n\n\n<p>\u201c154 W 14th Street and 135 Madison Avenue have consistently been in-demand locations for workers seeking coworking space and community in Manhattan, making them valuable buildings in our New York City portfolio,\u201d said WeWork. \u201cWith these new agreements, we\u2019re excited to continue our partnership with ownership through Koeppel Rosen and our commitment to providing best in-class workspaces to members in these vibrant neighborhoods.\u201d<\/p>\n\n\n\n<p><strong>About WeWork<\/strong><\/p>\n\n\n\n<p>WeWork was founded in 2010 with the vision to create environments where people and companies come together and do their best work. Since then, we\u2019ve become a leading global flexible space provider committed to delivering technology-driven turnkey solutions, flexible spaces, and community experiences. For more information about WeWork, please visit us at <a href=\"http:\/\/www.wework.com\">wework.com<\/a>.<\/p>\n","protected":false},"author":883,"featured_media":3000073535,"parent":0,"template":"","meta":{"_acf_changed":false,"footnotes":""},"news_tag":[43924],"class_list":["post-3000073532","news","type-news","status-publish","has-post-thumbnail","hentry"],"acf":[],"yoast_head":"<!-- This site is optimized with the Yoast SEO Premium plugin v27.8 (Yoast SEO v27.8) - https:\/\/yoast.com\/product\/yoast-seo-premium-wordpress\/ -->\n<title>WeWork announces eight lease assumptions in U.S. and Canada - WeWork Newsroom<\/title>\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<link rel=\"canonical\" href=\"https:\/\/www.wework.com\/ideas\/newsroom-landing-page\/wework-announces-eight-lease-assumptions-in-u-s-and-canada\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"WeWork announces eight lease assumptions in U.S. and Canada\" \/>\n<meta property=\"og:description\" content=\"New York, NY \u2013 March 19, 2024 \u2013 WeWork, a leading global flexible space provider, announced eight new lease assumptions today resulting from its strategic restructuring and negotiations with landlords across the United States and Canada.&nbsp; The assumptions, which are subject to court approval, are for WeWork\u2019s leases at 135 Madison Avenue in New York [&hellip;]\" \/>\n<meta property=\"og:url\" content=\"https:\/\/www.wework.com\/ideas\/newsroom-landing-page\/wework-announces-eight-lease-assumptions-in-u-s-and-canada\" \/>\n<meta property=\"og:site_name\" content=\"Newsroom\" \/>\n<meta property=\"article:modified_time\" content=\"2024-08-22T09:21:47+00:00\" \/>\n<meta property=\"og:image\" content=\"https:\/\/www.wework.com\/ideas\/wp-content\/uploads\/sites\/4\/2024\/03\/Web_72DPI-20191115_WeWork_Constellation-LA_011-1.jpg?fit=1000%2C666\" \/>\n\t<meta property=\"og:image:width\" content=\"1000\" \/>\n\t<meta property=\"og:image:height\" content=\"666\" \/>\n\t<meta property=\"og:image:type\" content=\"image\/jpeg\" \/>\n<meta name=\"twitter:card\" content=\"summary_large_image\" \/>\n<meta name=\"twitter:label1\" content=\"Est. reading time\" \/>\n\t<meta name=\"twitter:data1\" content=\"2 minutes\" \/>\n<script type=\"application\/ld+json\" class=\"yoast-schema-graph\">{\"@context\":\"https:\\\/\\\/schema.org\",\"@graph\":[{\"@type\":\"WebPage\",\"@id\":\"https:\\\/\\\/www.wework.com\\\/ideas\\\/newsroom-landing-page\\\/wework-announces-eight-lease-assumptions-in-u-s-and-canada\",\"url\":\"https:\\\/\\\/www.wework.com\\\/ideas\\\/newsroom-landing-page\\\/wework-announces-eight-lease-assumptions-in-u-s-and-canada\",\"name\":\"WeWork announces eight lease assumptions in U.S. and Canada - 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