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WeWork Brings A New Business Model To Detroit

Its leases in that city include a profit-sharing component, making it easier for WeWork to react if real estate prices fall.

Its leases in that city include a profit-sharing component, making it easier for WeWork to react if real estate prices fall.

The two locations that WeWork plans to open in Detroit early next year will look similar to the almost 100 locations that it already operates. Like offices in New York or San Francisco, the Detroit spaces will have glass walls separating tiny offices that tenants can rent on a month-to-month basis, communal coffee, and WeWork’s “Do What You Love” branding—but the business side will be structured differently.

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