Officebroker.com is rebranding as Officio to move away from the broker model and aid clients in finding long-term solutions, rather than completing short-term goals.
Women are creating their own ways of working
All-male networks are no longer the sought out spaces they once were thanks to women creating their own havens.
AllBright, UK’s first women-only member’s club, was founded by Debbie Wosskow and Anna Jones and has meeting rooms, women-related discussions and events, a bar, a salon and small gym.
“During our research, 32 percent of female founders or aspiring female founders told us they need a place to work to launch or grow their business,” said Wosskow and Jones.
Of that number, 27% were self-described nomads and 33% said they wanted a more professional environment for business and client meetings.
In the U.S., there is The Wing, which started off as a coworking space for women in New York and has expanded its locations to Washington D.C., San Francisco, and more.
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In 2017, The Wing raised $32 million towards its growth, with investments from the likes of WeWork. Now, the company has over 5,000 members including actress Lena Dunham and founder of beauty brand Glossier, Emily Weiss.
Membership fees have led critics to accuse such spaces of targeting privileged feminists, but the founders have attempted to provide tools that are accessible to all.
For example, Wosskow and Jones run a free 10-week digital program to equip women with practical business skills.
Now, there are numerous female-centric workspaces including The Second Source, a journalist network for women; The Coven Girl Gang, a network and business incubator; and Bumble, the feminist response popular dating app Tinder.
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JLL research revealed that Dallas-Fort Worth is ranked 12th out of the country’s top 15 coworking and flexible space markets, taking up 3 million square feet of space.
Office provider LABS has launched its 96,100 square foot flagship property LABS House in Bloomsbury, London that features coworking, offices, and full-service dining.
Cool office interiors are ideal at first glance, but looking into a company’s principles, such as gender equality and flexibility, will be the factors that retain talent.
Colliers International revealed the success of the office market last year due to high demand for coworking and tech firms, but predictions for 2019 are uncertain.
Shared office space providers as tenants have become the norm for many landlords and building owners, and now many REITs have adopted coworking as it continues to expand.
Brookfield Properties has teamed up with Convene to spruce up the 73,000 square foot Brookfield Place into a full-service events venue that accommodates up to 500 people.
Many coworking operators pride themselves on massive, rampant expansion, but some industry experts believe this growth could lead to failure and consolidation in 2019.