Coworking Operators Now Manhattan's Fastest Growing Office Users.
Manhattan's Flexible Office Sector Has Grown 600 Percent Since 2009.
According to a new CBRE report, coworking companies and other third-party flexible space operators now occupy 9.2 million sq. ft. in the Manhattan office market.
The sector, which includes 65 different flexible space companies that operate more than 260 locations, has grown by approximately 600 percent since 2009. While the sector currently accounts for just 2.5 percent of overall Manhattan office occupancy, its footprint is expanding at an accelerating pace, with over 900,000 sq. ft. of additional leases signed in the first quarter of 2018 and many more in the pipeline.
While traditional long-term leases are the preferred model for business and the foundation of the commercial office market, the rapid growth of third-party flexible space operators provides occupiers with a wide variety of options for leasing office space. Since 2013, when the expansion of third-party flexible space began to gain significant traction, the sector has averaged an annual growth rate of 22 percent. WehaveAnyspace is aware of this huge growth in coworking demand. That is why WehaveAnyspace is one of the leading companies in coworking solutions. With our knowledge and teamwork we will make sure you will get the best office possible. Look at our USA listings down below.