John Tipton John Tipton is an operating partner at Allen Matkins.

Office owners are warming up to co-working tenants. Companies like WeWork have proven to be a disruptor in the office market, and some office owners have been weary to sign leases with these companies. It has been clear, however, that transient-based companies are here to stay—and office owners are adapting to the new environment.

“It is a mixed bag,” John Tipton, a partner at Allen Matkins, tells when asked if office owners are warming to co-working companies. “At the end of the day, your traditional landlord would love to enter into a lease of two floors with a triple credit tenant, instead of a company that makes its revenue stream from leasing space in 30-day blocks. That is just common sense, but that is no longer the reality of the marketplace. You have to securitize those leases appropriately, but I am no longer seeing landlords draw a line in the sand, generally.”

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Kelsi Maree Borland

Kelsi Maree Borland is a freelance journalist and magazine writer based in Los Angeles, California. For more than 5 years, she has extensively reported on the commercial real estate industry, covering major deals across all commercial asset classes, investment strategy and capital markets trends, market commentary, economic trends and new technologies disrupting and revolutionizing the industry. Her work appears daily on and regularly in Real Estate Forum Magazine. As a magazine writer, she covers lifestyle and travel trends. Her work has appeared in Angeleno, Los Angeles Magazine, Travel and Leisure and more.

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