Dilweg turned around the Downtown Atlanta tower with a string of leases since its acquisition in 2015.
The ambitious startup's cutbacks amount to more than 200 employees out of its 8,000-person global workforce.
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.
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.
Several Sun Belt cities could have San Francisco and Silicon Valley beat this decade.
New year-end data from CBRE, JLL and Savills showed the D.C. office market continued to worsen in Q4.
Philadelphia office has so far weathered the coronavirus storm, but if the pandemic keeps dragging on, rents and occupancy will drop.
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.
We're not asking for your money. This is not a step towards a paywall. Our news is free and we intend to keep it that way.