Shared Work Spaces
According to the Kiplinger Letter, more and more companies are opting for so-called shared work spaces, offices with hip designs and short-term commitments that are shared with other firms. The appeal of coworking spaces started with freelance workers, independent contractors and start-ups looking for inexpensive and flexible digs. Now, even large corporations such as IBM and Microsoft are getting in on the action.
Coworking is the main driver of growth in the office market. In many cities such as San Francisco and New York, growth has soared 20 percent yearly and will stay red-hot. Landlords are partnering with leading providers such as Convene, IWG and WeWork. Some landlords are even exploring their own flexible leasing solutions.
Contact us here at Parker Associates for more on the ever evolving work places. We work hard to stay ahead of the cutting edge and can assist your projects in understanding where you should be putting your efforts.