Investor Presentation
WeWork represents an outsized portion of demand
Q4 2022 leasing activity
Market
WeWork as a %
of Market
Stock (1)
Q4 2022 Traditional
Market Square Feet
Leased (1)
Q4 2022 WeWork
Square Feet
Leased (2)
Equivalent % of Q4
2022 Traditional
Square Feet
Leased (1)
WeWork Q4 Leasing
as a Multiple of
Market Stock
Boston
~1%
760k
160k
21%
17x
New York
~1%
4,100k
950k
23%
21x
Miami
~1%
710k
80k
11%
16x
San Francisco
~0.5%
1,840k
240k
13%
22x
Chicago
~0.5%
930k
170k
19%
40x
London
~1.5%
2,100k
910k
44%
30x
Dublin
~1%
560k
50k
8%
7x
Paris
Berlin
~1%
3,820k
430k
11%
17x
~0.5%
1,770k
190k
11%
34x
1. Please refer to "Market Share Methodology and Sources" for additional information.
2. WeWork leasing activity based on total new workstations sold and renewed in each market multiplied by 60 square feet per workstation.
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