- Co-working space company WeWork recently announced it acquired Spacious. These are the details behind the deal.
Co-working space giant WeWork recently announced that it acquired Spacious. Spacious is known for re-purposing spaces such as restaurants and converting it to co-working spaces. And Spacious specializes in working with landlords to make the most of their street-level real estate, creating a network of conveniently-located drop-in workspaces in New York City where people can walk in and get work done.
The acquisition of Spacious will complement WeWork’s on-demand We Membership offering, which allows users to book workspaces or conference rooms by the minute, hour, or day.
“Spacious’s team and real estate and operational expertise will help enable WeWork to continue to give our members access to the workspace they want, when they need it,” said WeWork chief product officer Chris Hill. “We’re thrilled to welcome Spacious to WeWork.”
Spacious’s offerings range from day passes to annual memberships. And it provides easy access for everyone from remote workers to Fortune 500 employees. The company was founded in 2016 by CEO Preston Pesek and CTO Chris Smothers.
“It’s our great pleasure to announce to the Spacious community the exciting news that we are joining the WeWork family. Since our inception, Spacious has explored new ways of activating and re-programming the physical built environment, in direct response to the technological changes that are revolutionizing how we interact with spaces, buildings, and cities. In WeWork, we have found much natural alignment across our visions for the integration of work, technology, and physical space. We’re thrilled for the opportunity to continue to serve our members at Spacious today as part of the greater WeWork community,” added Pesek.
