Jimmy Hinton | Source | Senior Managing Director at Transwestern

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Jimmy Hinton

Senior Managing Director at Transwestern
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  • Study: WeWork Setback Could Stress U.S. Office Market

    WeWork’s setback after a failed IPO and the resulting bailout from Japanese conglomerate SoftBank Group could have a negative effect on several U.S. office markets, according to a recent study from Transwestern. The firm recently released a research report, Where WE Go From Here, which examined the notable growth of the coworking sector as a …

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  • WeWork committed to more than half the total space it has leased within the past two years, at a time when rent was rising nationwide. Notably, more than a quarter of that space remains ‘unsold,’ presenting a significant amount of financial liability for the company. Today, WeWork is pressed to try and market more than seven million square feet of space to users, as the economy is beginning to slow and businesses are taking a cautious stance in an uncertain political environment.

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