WeWork, the coworking giant with locations across the globe and major hubs in New York and California, will be closing its 1430 Walnut Street location at the end of the month, tenants were told Monday.

In an email to members that Technical.ly obtained, the company said it had been conducting an in-depth review of its “global real estate portfolio in order to optimize our assets and operations around the world.”

“In line with that effort, we have decided to close the WeWork location at 1430 Walnut St.,” the email read. The coworking company moved into the building, shared with the Cheesecake Factory and Verizon, in 2016.

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