Flip Howard shares that WorkSuites are bucking the trend of entering less-risky partnerships with landlords, by signing two traditional leases for their expansion into Atlanta.
On the point of why leases over management agreements, Candace Carlisle shared:
"I do leases when I’m 100% certain they are going to work, I do management agreements when I’m not 100% certain a location is going to work. But if I’m not 100% certain a location is going to work, there might be a bigger problem," Howard said. "With these two slam-dunk locations" in Atlanta, "I only see a negative with a management agreement."