Lack Of Available Office Space Could Threaten San Francisco's Explosive Flexible Office Market
San Francisco's coworking market continues to grow, but lack of available offices could be a problem for long-term growth.
San Francisco's coworking market continues to grow, but lack of available offices could be a problem for long-term growth.
Experts say Georgia's loss for HQ2 has nothing to do with the region's future economic development prospects.
Some frustrated stakeholders in cities that missed out on HQ2 believe Amazon founder Jeff Bezos never seriously considered anywhere but its final choices.
As coworking has skyrocketed in popularity over the last few years, the risks of losing intellectual property and corporate spying have escalated.
Michael Bloomberg's campaign spent over $900K with Knotel in Q4, and several other candidates including Biden, Buttigieg and Sanders used flexible offices.
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.
While some companies are assisting parents by operating schools during work hours, most parents are being left to their own devices. If they can afford it.
Occupancy from flexible workspace providers in the D.C. area has declined by 879K SF over the last six months, adding vacancy to an already weak office market.
Companies are investing more into coworking spaces as part of their office strategy, helping some operators expand their footprints this year.
The biggest leases, loans and sales in New York City this week.
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