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For WeWork’s Biggest Members, Their Arrangement May Still Be a Lease

New Accounting Rules May Not Help Big Tenants Such as Amazon, Microsoft or General Electric
WeWork's office building in Silicon Valley outside San Francisco. (CoStar)
WeWork's office building in Silicon Valley outside San Francisco. (CoStar)
By John Doherty
CoStar News
September 17, 2019 | 9:22 P.M.

One of the pitches that shared office space provider WeWork makes to large companies it wants to become its customers is that they won't have to sign leases that could drag on their corporate bottom lines. Instead, WeWork tells these prospects, they’re buying memberships.

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