By Daniel Suckerman and Stacey Tyler (October 3, 2018, 3:47 PM EDT) -- With coworking spaces such as WeWork growing in popularity, real estate attorneys are frequently called upon to help clients navigate the pitfalls of shared space agreements. This article discusses shared space agreements generally, how these agreements differ from leases, advantages and disadvantages of these agreements from the user's perspective, and considerations for counsel to both the user and the tenant/licensor.
What Does a Shared Space Arrangement Look Like?
Typically, a shared space arrangement takes the form of a large space within an office building that is broken down into cubicles, conference rooms, offices and ancillary spaces (such as a cafeteria or...
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