After Nod to Drake, WeWork Aims for 20 More Spots in Toronto
- Company plans to have up to four spots in city by year end
- ‘We don’t see any limit to demand,’ general manager says
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Add co-working giant WeWork Cos. to the growing list of players looking to profit from Toronto’s booming office market.
The New York-based company is targeting more than a sixfold surge in Toronto by 2020, bringing its locations in the city to at least 20, according to Dave McLaughlin, WeWork’s general manager for the Northeast. WeWork opened its first locations in the city last year, both of which were 98 percent occupied within the first month. A third location was announced in January.