What’s going on:
The Midwest region has seen a surge in flexible workspaces with IWG having added a whopping 34 new sites in the last six months. IWG now has 1,000+ locations across the U.S.
Why it matters:
Around three-fourths of IGW’s new workspaces are popping up in towns and rural areas far from large cities. IWG is opening up these new spaces in collaboration with commercial real estate owners, developers and franchisee investors.
How it’ll impact the future:
According to ReBusinessOnline, more growth might be on the horizon as IWG’s goal is to bring 1,000 new sites to the global market. These sites, encompassing a variety of IWG brands such as Spaces, Regus and HQ, span urban and suburban areas in markets like Chicago; Columbus, Ohio; Jeffersonville, Ind.; Grand Rapids, Mich.; Lakeville, Minn.; and De Pere, Wis.