Any building owners out there that have done or are considering Regus/IWG's new Management Agreement Model in one of their buildings?
We were approached by a Regus(IWG) rep about one of our buildings.  We own a handful of office buildings that have thankfully performed well so we are not desperate to just do a deal.  To my understanding, this new management agreement model is incredibly new to them and rolling out quickly around the US.  Makes it tough to look at past performance.  That being said, we ran our own numbers and didn't see a premium vs. doing a direct deal given the increased risk(cost) involved in the deal.  Curious other's thoughts.  Sounds like they've signed up a lot of these within the past 12 months.  On this same note if there are flex/co-working operators that others feel are a good fit for suburban class A that are expanding would love to hear those names and experience you've had with them.
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