Without a doubt, co-working will remain a strong force in 2017 and beyond. Recent JLL research into the shared office space market states the U.S. co-working industry represents 27 million and growing square feet of workspace. Below are a few takeaways, and you can read the entire report here.
-The top 5 markets for co-working space in 2016: New York, Chicago, Los Angeles, Atlanta and Boston
-The need for co-working space is somewhat Millenial-driven, but also the result of increasing freelancers, temporary employees, and start-ups. As these jobs continue to grow, so will the need for co-working space
-The price per square foot to rent shared space is higher than traditional office space, but with everything included in one package deal, there is long-term savings to be had by avoiding a lengthy lease and up front capital
Preferred Office Network is the largest network of independently owned business centers in North America. Hundreds of our business centers offer co-working as an option to its clients, along with private offices, and meeting space. Are you looking for co-working space? Search our network of business centers now or connect with one of our Corporate Account Managers who can direct you to the best workspaces for your business, at no cost to you. Contact us today!