WeWork Signs Nearly 27,000 Square Foot Expansion at Legacy Town Center

Dallas-Fort Worth, TX - March 8, 2026 - WeWork, a leading global real estate platform, today announced it will increase its footprint at KBS' Legacy Town Center in North Dallas, adding 26,888 square feet to its presence at the property. The new workspace - expected to open in summer 2026 - will double WeWork's presence at the site, bringing the location to 53,776 square feet across two floors.

"Legacy Town Center is the type of asset that embodies where WeWork best serves our members; its phenomenal aesthetic, exceptional location, and strong community make it stand out," shared Peter Greenspan, Head of Global Real Estate at WeWork. "Our location provides companies everything they need today or may grow into tomorrow. From coworking access to a regional office to even their first headquarters, WeWork's offerings here unlock a smarter way to work."

Centrally located in Plano, 6900 North Dallas Parkway offers a premium corporate environment defined by top-tier finishes and modern design. Granite-accented exteriors lead into refined interior lobbies featuring sophisticated details, including exotic wood finishes. Multiple Fortune 500 companies across the insurance, banking, and automotive sectors maintain corporate and regional headquarters within the building and in adjacent offices on the property.

"6900 North Dallas Parkway exemplifies the kind of thoughtfully designed workplace that KBS continues to deliver for best-in-class tenants across the region," said Brett Merz, investment manager of Legacy Town Center and senior vice president and co-director of investment management at KBS. "From its striking architectural presence and high-end interior finishes to the quality and cohesion of the overall environment, Legacy Town Center offers a polished, modern setting that supports how companies want to work today and into the future."

The newest floor at WeWork 6900 North Dallas Parkway will continue to deliver an exceptional, hospitality-driven workspace. Built to WeWork's newest performance standards, the floor will include enhanced acoustics, lighting, and furnishings designed to support optimal productivity. Serving founders and small businesses to multinational corporations, the space offers a range of real estate solutions, including a thoughtfully created coworking lounge, collaborative meeting rooms, and turnkey private offices-all available on flexible commitment terms.

"Heightened demand has been the leading trend at WeWork 6900 North Dallas Parkway, with an abundance of technology and software companies needing our workspaces as they relocate to the region, driven by the strong business environment and increasingly skilled talent pool," said Melissa Viosky, Senior Director of Real Estate at WeWork. "Our additional floor at the building is evidence of that, a prime example of how WeWork is thoughtfully and opportunistically meeting elevated member interest."

Dallas, driven by rapid economic growth and continued business expansion, has seen elevated demand for WeWork's suite of real estate solutions. Footfall at WeWork locations across Dallas-Fort Worth has increased nearly 25% since the start of the year, and WeWork On Demand bookings in the market increased 17% over the same period.

This expansion represents WeWork's latest sustainable growth opportunity in the past year, securing additional space at One University Avenue in Toronto and adding locations at 250 Broadway, 245 5th Avenue, and 511 5th Avenue in New York City. Additionally, the company recently introduced its newest product, WeWork Go, office pods that deliver privacy in high-traffic areas.

To learn more about Legacy Town Center, visit: here.

About WeWork

WeWork is a leading global real estate platform, purpose-built to empower businesses of all sizes with flexible workplace solutions, hospitality-driven experiences, best-in-class services, and innovative technology. With a curated portfolio of over 600 thoughtfully designed locations, spanning 45M square feet worldwide, WeWork helps more than half a million members - from emerging startups to Fortune 100 companies - perform their best work, today and tomorrow.

To learn more, visit wework.com.

About KBS

KBS is a private equity real estate firm and SEC-registered investment adviser. Since its founding in 1992 by Peter Bren and Chuck Schreiber, KBS and its affiliated companies have completed more than $45.9 billion in transactional activity on behalf of private and institutional investors globally and have invested in nearly 1,700 multifamily, industrial, office and retail assets. The firm acquires and operates high-quality commercial real estate across U.S. growth markets and is committed to strong business ethics, long-standing relationships, and disciplined investment management. SEC registration as an investment adviser does not imply any particular level of skill or training. For more information, please visit https://www.kbs.com.

This release may contain forward-looking statements within the meaning of Section 27A of the Securities Act of 1933, as amended, and Section 21E of the Securities Exchange Act of 1934, as amended, including statements relating to KBS' ability to invest in and manage a diverse portfolio, and the performance of the Dallas-Fort Worth real estate market. These statements are subject to known and unknown risks, uncertainties and other factors which may cause KBS' actual results, performance, or achievements to be materially different from any future results, performance or achievements expressed or implied by such forward-looking statements.