Coworking Agreements

Coworking is playing an increasingly larger role in the commercial real estate sector – with a proliferation of owners and operators infiltrating the market. The U.S. inventory of coworking space currently totals more than 34 million square feet, and in Atlanta approximately 400,000 square feet of coworking space has been added since 2014, and more than half of that was delivered in 2017. Coworking in Atlanta experienced a significant increase last year with 230,032 square feet of new space coming online across seven locations.

The past year has brought growth for Common Desk founder Nick Clark. The SMU graduate, who started his career in commercial real estate before transferring his community building and marketing skills to launching Common Desk coworking in 2012, opened his largest community to date and acquired the Method Coffee brand and its two cafes.

A Dallas-based shared office firm is heading to West Plano for a large new operation.Common Desk is renting two floors in the Granite Park V tower...

SHARED SPACES AND COWORKING DIRECTORY

There are now 10,000 coworking spaces around the world and landlords and building owners are taking an interest in the industry. With this, there are huge opportunities for operators with the right experience to enter into landlord partnerships. This strategy is how WeWork have built their empire, they call it an "asset light" approach. In this post,…

New opportunities are opening for coworking operators to enter into management agreements with real estate owners, but the ideal workspace business model should also include leasing and ownership.

According to a report by Cushman & Wakefield, more than 5 million square feet (464,500 sq m) of coworking space has come on line in each of the past three years in the United States. This pace continued in the first half of 2018 with another 3 million square feet (278,700 sq m) added.

Flexing Muscle: Non-Traditional Leases Growing Stronger