Office Leasing Agents
What are your thoughts on coworking 
[{"id": "egd0syj", "text": "If you're talking about one of the well established companies, seems like they'd be a great tenant to have. ", "replies": [{"id": "egd13dn", "text": "We work, Regus, etc? ", "replies": [{"id": "egd194b", "text": "Correct. Some others are big in a particular region. I'd be more cautious with a new startup and their first location, but some are very successful within a niche. ", "replies": [], "depth": 3}], "depth": 2}], "depth": 1}, {"id": "egd40jl", "text": "From a tenants perspective it\u2019s great especially in regards to WeWorks. Flexible term, above standard finishes, great amenities etc. But I\u2019m of the belief WeWork and WeWorkHQ will continue to be so successful, as long as the market continues to ride, is because the agreement in place between WeWork and a \u201csubtenant\u201d is not a sublease (or Lease for the buildings WeWorks owns) but it\u2019s a licensing agreement. Therefore many companies can now avoid the latest FASB regulations for their lease consideration on their balance sheets. \n\nHowever, coworking ops (WeWorks included) isn\u2019t valued as much from a capital markets perspective. Shell corporations with short term agreements with the \u201csubtenants\u201d. Potential house of cards if you ask me. ", "replies": [], "depth": 1}, {"id": "egdc217", "text": "Most are franchises, not a lot of credit behind them. We work isn\u2019t a franchise, however itself has had multiple caution articles written about it.", "replies": [], "depth": 1}]