Bankrupt co-working giant WeWork is keeping eight of its nine Chicago locations after finalizing lease renegotiations during its ongoing Chapter 11 reorganization. The one casualty, a Fulton Market co-working space, is set to stay open, however, under a new banner: Chicago-based startup Workbox. WeWork will give up one of its two Fulton Market locations at 220 N.

NEXT
Topics:  during chapter   n green street    reducing   new jersey   united states   canada   john wallace   ceo   founded   columbus   ohio   salt lake city   dallas   s clark st   loop   wework-to-workbox   the fulton market wework   launched   september   co-founder adam neumann   coworkingcafe   systems    we re   wework   chicago   chapter   fulton market   workbox   n green st   june    during   november    a    the    wallace    wallace   wallace    wework    we    we   wework s   bankrupt   co-working   locations   location   office   reorganization   part   company   building   portfolio   lease   investment   businesses   hybrid   accelerator   report   opened   levels   billion   globally   open   demand   rent   pre-pandemic   vacated   rates   previously   square   obligations   occupancy   post-pandemic   members   expected   lot   transition   emerge   tuesday   largest   downsized   hit   
BING NEWS:
  • WeWork Approved to Emerge From Bankruptcy in a Co-Working Market That's Still Very Much Alive
    WeWork's return from bankruptcy protection was approved by a bankruptcy judge in New Jersey, solidifying the co-working giant's recovery from a long spiral that began years ago.
    05/30/2024 - 9:07 am | View Link
  • Bankrupt WeWork gives up Fulton Market space to Chicago co-working startup Workbox
    Reducing its rent obligations has been a key part of the reorganization process since WeWork filed for bankruptcy protection in November.
    05/22/2024 - 12:15 am | View Link
  • WeWork finds coworking taker for rejected Fulton Market location
    Coworking provider Workbox is taking over WeWork’s Chicago location that it’s leaving behind, a 60,00-square-foot space at 220 North Green Street, in Fulton Market.
    05/21/2024 - 12:00 pm | View Link
  • Co-working provider set to take over shuttered Fulton Market WeWork
    After taking over part of a shuttered WeWork in the Loop, a Chicago co-working provider is poised to take the reins on the space the embattled shared office giant is about to leave behind in the ...
    05/21/2024 - 5:48 am | View Link
  • WeWork's path forward includes keeping 5 more locations in Chicago
    As WeWork continues to work its way through bankruptcy, the company has completed its lease portfolio review in Chicago. Here's what that means for the Windy City.
    05/20/2024 - 8:23 am | View Link
  • More

 

NEXT
Welcome to Wopular!

Welcome to Wopular

Wopular is an online newspaper rack, giving you a summary view of the top headlines from the top news sites.

Senh Duong (Founder)
Wopular, MWB, RottenTomatoes

Subscribe to Wopular's RSS Fan Wopular on Facebook Follow Wopular on Twitter Follow Wopular on Google Plus

MoviesWithButter : Our Sister Site

Movies With Butter More Movie News

More Business News