WeWork Continues Operating North Texas Locations Despite Bankruptcy, Renegotiations
• WeWork has 7 locations in North Texas and continues operating despite recent bankruptcy • 3 Common Desk coworking spaces acquired by WeWork have closed in past months • WeWork seeking to renegotiate leases across U.S. and Canada to more favorable terms • WeWork filed for bankruptcy protection in November 2019 and asked to exit dozens of leases • WeWork sees demand for coworking spaces in Dallas and value for landlords to have WeWork as tenant