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Dilweg turned around the Downtown Atlanta tower with a string of leases since its acquisition in 2015.
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The ambitious startup's cutbacks amount to more than 200 employees out of its 8,000-person global workforce.
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Flexible offices will take a major hit this year, but once the COVID-19 crisis is past, many at-home workers may choose coworking long term.
Office experts predict a drop in demand and rising vacancy in the near-term, but they do see reasons for optimism for the D.C. market.
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Three years from now, a company with 100K SF might need just 20K SF, and that 20K SF will look much different, a tech company's real estate exec told Bisnow.
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Several Sun Belt cities could have San Francisco and Silicon Valley beat this decade.
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New year-end data from CBRE, JLL and Savills showed the D.C. office market continued to worsen in Q4.
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Philadelphia office has so far weathered the coronavirus storm, but if the pandemic keeps dragging on, rents and occupancy will drop.
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Industrious is even getting in on the shorter-term act with a program that allows members to just show up a couple of days a week.
The coronavirus pandemic's long-term effects on office look likely to transform the coworking industry.
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