WeWork’s Real Estate Chief On Management Deals, New Players In Coworking And Why WeWork Could Weather A Downturn

It’s been a year of milestones for coworking behemoth WeWork. It announced a $3B injection from Japan’s SoftBank Group, which would value the company at $45B, making it second only to Uber as the most valuable startup in the country.

In September, it became the biggest private tenant in Manhattan, with more than 5M SF under its control in the borough. Across the city, WeWork has more than 7.2M SF in total footprint, according to the company’s figures, and is in 95 cities worldwide.

This is against a backdrop of a general coworking explosion, with players like Industrious, Knotel, Spaces and Convene all bolstering their presence on the office market.

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