Boston’s coworking sector is expanding quickly as flexible workspace operators expand into a market shaped by hybrid work and high office vacancy.
Greater Boston’s coworking inventory increased 26% year over year in 2025, significantly outpacing the 16% national growth rate.
By the end of 2025, the region had 265 coworking locations totaling just over 6 million square feet, making it the sixth-largest coworking market in the U.S. despite ranking only 10th by population, according to BisNow.Â
Office Vacancies Create Expansion Opportunities
Elevated office vacancy has created favorable conditions for coworking operators.
CBRE reports downtown Boston office vacancy reached 18.9% in 2025, while suburban vacancy hit 21.6%, giving flexible workspace providers more leasing opportunities as landlords seek tenants.
Coworking currently represents about 2.2% of Boston’s total office inventory, slightly above the 1.3% national share.
Startups and Tech Firms Drive Demand
Boston’s startup and technology ecosystem continues to support coworking growth.
Local operator Workbar recently announced plans to expand a location in Needham and open a new workspace in Harvard Square, bringing its total to 12 Massachusetts locations.
Flexible workspace is increasingly used by startups, remote teams and growing companies that want professional office space without long-term leases.
New Operators Enter the Market
The sector is also attracting new players. New York–based coworking brand The Malin plans to open a 20,000-square-foot location in Boston’s Seaport district as part of a broader national expansion.
A Growing Role in the Office Market
Nationwide, coworking reached 159.4 million square feet in 2025, reflecting how hybrid work has altered office demand.
While still a small share of the overall office market, flexible workspaces are increasingly used by both startups and large companies looking for adaptable office solutions.
