WeWork Inc. is in negotiations to reduce the number of floors it leases at the One Lincoln St. office tower in downtown Boston, a building already struggling with vacancies in the wake of State Street Corp.’s departure.
The tower’s landlord, a Fortis Property Group affiliate, revealed in a filing in bankruptcy court earlier this month that it has been talking with WeWork about a “potential prospective restructuring” of its lease. The coworking company signed a 15-year lease for 241,000 square feet at One Lincoln in 2018, making the site WeWork’s largest location in Greater Boston.
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