The We Company to acquire on-demand workspace provider Spacious

Press Release August 27 2019

WeWork’s space-as-a-service membership model is designed to accommodate our members’ distinct space needs. We’re providing members from companies of all sizes—from regional teams at Stripe to GE Healthcare’s team in Seoul—with convenient, on-demand spaces. With our on-demand We Membership offering, we allow users to book a workspace or a conference room by the minute, hour, or day.

We are excited to take the next step towards providing our members with easy access to on-demand workspaces by welcoming Spacious to The We Company family.

Spacious has partnered 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.

Spacious’s offerings range from day passes to annual memberships, providing easy access for everyone from remote workers to Fortune 500 employees. Spacious was co-founded in 2016 by CEO Preston Pesek, an entrepreneur with nearly 20 years’ experience in real estate and hospitality. 

“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,” says WeWork chief product officer Chris Hill. “We’re thrilled to welcome Spacious to WeWork.”