What’s Next in Coworking?
COMMERCIAL PROPERTY EXECUTIVE
The meteoric rise of tech startups and Corporate America’s looser attachment to the traditional office environment has led to an explosion in coworking and flexible workspaces. What began as a novel idea in San Francisco in 2005 has become a real estate business that is rapidly drawing investors. According to Allwork.Space, the segment grew by 200 percent between 2013 and 2018. In global cities such as London, Chicago and New York, coworking is expanding at an annual rate of 20 percent. Curre…