{"id":3000074595,"date":"2024-04-30T09:42:26","date_gmt":"2024-04-30T13:42:26","guid":{"rendered":"https:\/\/www.wework.com\/ideas\/?post_type=news&p=3000074595"},"modified":"2024-08-22T05:21:09","modified_gmt":"2024-08-22T09:21:09","slug":"wework-strikes-new-agreements-and-assumes-nine-buildings","status":"publish","type":"news","link":"https:\/\/www.wework.com\/ideas\/newsroom-landing-page\/wework-strikes-new-agreements-and-assumes-nine-buildings","title":{"rendered":"WeWork Strikes New Agreements and Assumes Nine Buildings"},"content":{"rendered":"\n

<\/p>\n\n\n\n

New York, NY – April 30, 2024 – Today, WeWork, the leading global flexible space provider, announced the assumption of nine leases in New York, California, Texas, Washington and British Columbia. These assumptions, which are subject to court approval, bring the Company closer to achieving a strengthened real estate portfolio that creates long-term value for its business, landlords and members.<\/p>\n\n\n\n

WeWork will be assuming its amended lease agreements at 379 West Broadway<\/a> in Manhattan, 195 Montague Street<\/a> in Brooklyn, Park Tower<\/a> in Costa Mesa, The Hubb<\/a> in Long Beach, 1 Belvedere Place<\/a> in Mill Valley, Clearfork<\/a> in Fort Worth, Sunset North<\/a> in Bellevue and 1099 Stewart Street in Seattle. WeWork will also be assuming its lease at Bentall II<\/a> in Vancouver under the existing terms. <\/p>\n\n\n\n

Earlier this month, WeWork announced<\/a> it had determined a final path forward at over 90% of its global real estate portfolio and eliminated over $8 billion in future rent commitments.* <\/p>\n\n\n\n

Learn more about today\u2019s lease assumptions.<\/a><\/p>\n","protected":false},"author":883,"featured_media":3000074596,"parent":0,"template":"","meta":{"_acf_changed":false,"footnotes":""},"news_tag":[43924],"class_list":["post-3000074595","news","type-news","status-publish","has-post-thumbnail","hentry"],"acf":[],"yoast_head":"\nWeWork Strikes New Agreements and Assumes Nine Buildings - 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-strikes-new-agreements-and-assumes-nine-buildings\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"WeWork Strikes New Agreements and Assumes Nine Buildings\" \/>\n<meta property=\"og:description\" content=\"New York, NY – April 30, 2024 – Today, WeWork, the leading global flexible space provider, announced the assumption of nine leases in New York, California, Texas, Washington and British Columbia. 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