Flex Office Space Shows Continued Gains

Flex Office Space Shows Continued Gains

Some providers are seeing occupancy rates approaching pre-pandemic levels, according to the latest CommercialEdge report.

The office landscape has evolved post-pandemic, leading to the growth of flexible spaces like coworking,  the latest CommercialEdge office report shows. Demand for flexible offices has increased, with providers seeing improved occupancy rates approaching pre-pandemic levels. WeWork, for example, reported rising occupancy in the first quarter of 2023. The global coworking industry is projected to grow at an annual rate of 17 percent, exceeding $30 billion by 2026...

RSK: There seems to be a catch 22 here. Who are these people that lease these spaces? If they are work from homers and just need to get out of the house periodically, why not just go back to your office a day or two a week?

Share this article on you social outlets

Our Sponsors
- - Volume: 11 - WEEK: 21 Date: 5/23/2023 1:54:07 PM -