A new study by CommercialCafe analyzed the driving motivators behind current searches for office space between 2018 and 2022.
Offering flexible working arrangements has become the leading factor in attracting and retaining talent for organizations of all sizes.
Flex spaces continue to present highly attractive and affordable alternatives to owned office spaces, The Instant Group reports.
While cities like Los Angeles were once at the forefront of this demand, new hubs such as Houston and Tampa are beginning to outpace traditional hotspots.
According to Instant Offices, more than 31,000 flex office spaces were available globally in 2018, with the market growing at a 35% annual rate.
This statistic signals several different conclusions about the future of meeting room demand in a post-pandemic office environment.
The new arrangement will see JLL acting as an extension of WeWork’s in-house sales team in Atlanta, Boston, Dallas, Denver, NYC, Phoenix, and San Francisco.
With 30% of global office inventory projected to become flexible by 2030, landlords are now seeing the value of flex space for their portfolios.
Workspaces have changed significantly during the pandemic. Despite these changes, we have to wonder: is the work ecosystem ready to support fully remote teams?
Flexible workspaces will be at the forefront of how future businesses operate, with an increase in demand imminent.