The health of America ’s commercial real estate market is closely tied to the success of WeWork ’s IPO , according to Colliers International . The co - workspace sector accounts for most of the co - working space in the US , which itself accounts for 1.6 % of office inventory in major markets , but about one - third of all leases signed in those markets in the last 12 months . A successful IPO will generate incremental demand in the sector according to David Smith , an analyst at Bloomberg , and an unsuccessful deal will likely result in the entire sector taking a hit .
The health of America’s commercial real estate market is closely tied to the success of WeWork’s IPO, according to Colliers International. The co-workspace operator accounts for most of the co-working sector in the US, which itself accounts for 1.6% of office inventory in major markets, but about one-third of all leases signed in those markets in the last 18 months. A successful IPO will create incremental demand in the sector according to Alex Snyder, an analyst at CenterSquare, and an unsuccessful deal will likely result in the entire sector taking a hit.