Tag: WeWork

Department Stores Go Out of Style: Lord & Taylor Building to Sell to WeWork

Filed under M&A in the News
October 27, 2017

Hudson’s Bay, the parent company of Lord & Taylor, announced it would sell the iconic fifth avenue store to co-working startup WeWork and Rhone Capital LLC for $850 million. The price is a 30 percent premium over the value of the real estate when it was last appraised in 2016. Lord & Taylor will rent …

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Tag: WeWork

Department Stores Go Out of Style: Lord & Taylor Building to Sell to WeWork

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Tag: WeWork

Department Stores Go Out of Style: Lord & Taylor Building to Sell to WeWork

NY Times – DealB%k

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