The amount of space dedicated to co-working in the Chicago market has more than tripled since 2014.
For its first deal in the US, the company partnered with other equity providers to buy 100,000 square feet of office space in Manhattan’s Gucci building.
The value of a multi-tenant office asset, $58.75 million, created significant bidding depth and a lease for the remaining vacancy was negotiated with WeWork during the marketing process, bringing the tenancy to 100%.
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