Industry Insights

How the Flex Industry Is Driving Health and Wellness Initiatives in Our Workplaces - Our Latest Webinar Recap

03.18.2024

In today’s return-to-work moment, what are the elements that will draw employees back to workplaces? In other words, if people are the new workplace amenity, what factors will attract them? Preferred Office Network recently brought together a knowledgeable panel of flexible workspace and health and wellness industry leaders to discuss best practices and reveal new ways of attracting and retaining talent by fostering community, [...]

Flexible Workspace Services and Amenities that Raise the Bar

02.13.2024

We know that there are plenty of choices when it comes to selecting a flexible workspace — the number of coworking centers in the U.S. continues to grow each year. So, how does an enterprise company choose the right place for their employees to meaningfully gather to collaborate, connect, and create? Important factors in making this critical decision include, of course, budget and location, however, [...]

Key Takeaways from Preferred’s 2023 Partner Survey: The State of Flex

01.24.2024

Today’s workplaces are in a historic state of transition — it’s no longer enough for organizations to require 9-to-5 attendance and rely on one-size-fits-all cubicle farms to encourage employees’ best contributions. Modern companies need vital, vibrant, collaborative spaces where workers can come together with intention and inspiration. The flex space industry is leading the charge in offering organizations meaningful workspace solutions. Preferred Office Network [...]

Preferred’s 2023 in Review: What We Learned and Where We’re Headed

01.11.2024

We recently covered the top trends of 2023 for the flex space landscape — from the bankruptcy of a big-name coworking brand and the opportunities that development opens for other operators to the emergence of a new flexible option: professionally managed workplace solutions such as Preferred Suites. Preferred Office Network has been a leader in the flex space industry since launching in 2010 and is helping [...]

The Evolving Flex Space Landscape: Unpacking the Top 5 Trends in Coworking for 2023

12.18.2023

What were the top trends that dominated the flex space landscape in 2023? What can we learn from these developments over the past 12 months? As the very way we view work continues to transform, the flex industry is leading the charge in the workplace evolution in 2024 and beyond. Here, we’ll take a look at the 2023 takeaways from the flex field and [...]

The Giving Season: How Preferred Partners Support Their Communities

12.13.2023

During the holiday season, we often turn our attention to giving — to our families, our friends, our coworkers, our communities. But then there are those who are committed to charitable efforts all year long. Many of our global partners in the Preferred Office Network family give back to their communities with yearly initiatives that positively impact local nonprofits and charitable organizations. In the spirit of [...]

New Podcast Alert: Michele Penaranda Talks to CoreNet Global About the Future of Flex

11.17.2023

How can traditional real estate and flexible workspaces merge to create a new product that meets the needs of today’s enterprise companies and their employees? That thought-provoking and timely question was the basis of a new episode of CoreNet Global’s What’s Next Podcast featuring Preferred Office Network Vice President Michele Penaranda. Michele joined host Tim Venable to discuss the future of the [...]

What WeWork’s Bankruptcy Means for the Flex Industry: Our Take

11.14.2023

Demand for flexible workplaces has demonstrated consistent growth in the last decade and certainly in the years during and after the global pandemic. The numbers don’t lie: According to data from global real estate services company JLL, flexible workspace and shared amenity spaces are projected to encompass approximately 30% of the office market by 2030.And, it’s increasingly what workers want, as well. [...]

Veterans Day 2023: Honoring Our Partners Who Have Served

11.09.2023

This Veterans Day, the Preferred Office Network team is honored to salute several of our partners who have served our country in the US military. These entrepreneurs exemplify courage, resilience, and perseverance, drawing from their military backgrounds to become leaders in building high-performance and highly welcoming workplaces in the Preferred Office Network collection.We would like to thank these partners for their service and showcase [...]

Bridging the Gap: Where Traditional Real Estate and Flexible Workspace Meet - Webinar Recap

10.10.2023

Top takeaways from our recent fireside chat featuring real estate industry trailblazers discussing strategies and solutions that can revolutionize the modern workplacePreferred Office Network recently gathered real estate industry experts to explore the evolving field of commercial real estate, where navigating the new world of work has required monumental shifts and a rethinking of portfolio management. Our own VP of Strategy, Michele Penaranda, Enterprise Accounts [...]

Repurpose, Reshuffle, Reimagine: 5 Key Takeaways from the 2023 GWA Conference

10.06.2023

From “Tech & Tools: What Are the Newest and Best Ways to Efficiently Run the Space” and “The Evolving Participation of Flex” to “Hospitality: How to Build and Nurture Your Community,” the Global Workspace Association’s recent Flex Forward conference in Washington, DC, was the epicenter of innovation in the evolving world of flex space. GWA’s annual gathering of flex space operators, landlords, thought [...]

The Office of the Future Has Arrived

08.31.2023

The commercial real estate industry has been forced to reinvent itself many times, but perhaps never as drastically as in this era of evolution in how and where we work and live. Landlords who lease office space, in particular, have been required to devise new models for utilizing their properties. The U.S. government’s Office of Financial Research estimates the current office vacancy rate [...]

Preferred Office Network Expands Product Offering Through Coworking Partners

08.30.2023

WASHINGTON, Aug. 29, 2023 /PRNewswire/ -- Preferred Office Network, the largest alliance of coworking centers in North America and beyond, is excited to announce the launch of Preferred Suites, a new creative solution designed to satisfy the growing demand of corporate clients seeking larger footprints of space. Preferred Suites provides clients with the same flexibility and speed of transaction they have come to enjoy through Preferred's [...]

The Q2 Jobs Reports Review: Labor Market Stabilizing, Layoffs Slowing, Inflation Cooling

07.21.2023

As summer heats up, the labor market is cooling, which, in the larger economic outlook, can prove to be a positive development. After several consecutive months of historic job growth (marking a rebound from pandemic-related layoffs), more predictable outcomes create the balance that’s much needed in an unstable economy. Now that we’ve reached the halfway point of 2023, we’re building upon our [...]

The “Big Stay” and What it Means for Organizations Moving Forward

07.13.2023

The world of work has changed dramatically in this generation — and perhaps never as much as it has during the past three years. Since the start of the pandemic, almost everything about our jobs has changed — from where we perform them to what factors matter most in conducting our day-to-day business (safety, health and wellness, and DEI efforts chief among them). Now, as we’re [...]

Preferred Office Network Expands its Global Footprint with Strategic NewFlex Partnership

06.16.2023

Preferred Office Network, a curated network of hospitality-driven flexible workspace locations created to meet the unique needs of enterprise clients, is pleased to announce a strategic alliance with NewFlex, a London-based flexible workspace provider delivering and managing a range of branded solutions including Citibase, easyHub, BOLD, Serendipity Labs, Fredericks, XCHG Spaces, and Quad across the UK and Europe. The partnership will add 60+ locations to [...]

The Q1 Jobs Reports Review: Examining the 2023 Economic and Employment Outlook

04.27.2023

As we have for the past year, our team has been closely analyzing the monthly jobs reports disseminated by the U.S. Bureau of Labor Statistics. And, now that we have made it through Q1 2023, we can begin to formulate some thoughts about how this year’s economic and employment outlook is shaping up. Much like our assessment of the Q4 2022 jobs reports, [...]

How Landlords Are Reimagining Office Spaces to Support Today’s Employers

03.22.2023

As we’ve covered extensively before, the entire commercial real estate industry — and office space, in particular — has been thrown into a state of reassessment and redirection in light of the changes in how and where we work. Landlords are being forced to rethink how to most effectively utilize their spaces in order to stay afloat in these uncertain economic times. From revolutionizing office design [...]

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