News

Coworking spaces are one of the best places for businesses to network with each other, which can be encouraged through events, breakout areas, social media, and more.

Thanks to the help of major coworking firms such as WeWork and Industrious, Phoenix is anticipated to double its 9,000 square feet of coworking space by the end of 2019.

Chain office supplier Office Depot will continue expanding its coworking branch Workonomy Hub, with two new spaces opening at its Lake Zurich and Irving locations.

Technology has shifted how many companies operate. In particular, virtual and augmented reality can potentially make collaboration easier, as well as boost productivity.

Coworking giant WeWork has announced its entrance into the Scotland market with an Edinburgh center that will house small to medium-sized businesses and larger firms.

Coworking operator Common Desk has announced its new Richardson office at the CityLine building is expected to open in the fall, where it will take up 31,500 square feet.

Hub Australia has launched its new Flexi-Impact program that offers purpose driven businesses 1% of its total member capacity as a complementary 12 month membership.

WeWork has announced it has signed a lease to take up 45,000 square feet on 1410 Broadway in Times Square as it continues its massive expansion of New York City.

Sandstone Capital has sold a 55,000 square foot El Segundo office building to a private investor due to WeWork’s plan to lease the entire property after renovations.

With coworking space demand skyrocketing, hotel and multifamily firms have started including these offices in their buildings to attract and retain residents and guests.