Coworking Reshapes Key Office Markets for the Long Term

The coworking sector continues to grow, reaching a footprint of 161.3 million square feet across 8,973 locations nationwide and representing 2.2 percent of the total leasable office inventory in the U.S. as of January, according to CoworkingCafe. The expansion was further supported by leading operators increasing their market share.

The ranking of top markets by square footage remained consistent with our previous report, although several metros posted steady gains.

Leading markets for coworking space

Manhattan continued to lead the nation, with more than 12.5 million square feet of flexible office space across 306 locations—accounting for 2.5 percent of its total office inventory, above the national average. Chicago ranked second, with nearly 9.1 million square feet across 333 locations and one of the highest coworking shares in the country at 2.7 percent.

Los Angeles held onto third place, totaling just over 7.5 million square feet of flex space across 343 locations, also representing 2.5 percent of its office stock—similar to Manhattan and smaller markets like Tampa–St. Petersburg–Clearwater, Fla.

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Washington, D.C., came next with 7.3 million square feet in 307 locations, though its coworking share stood at 1.9 percent—the lowest among top markets. Dallas–Fort Worth (6.7 million square feet), Boston (6 million square feet) and Atlanta (5.6 million square feet) followed. In Boston, coworking space made up 2.2 percent of total inventory, in line with the national average.

Among the remaining metros, Houston was the only one slightly below the national benchmark, with coworking accounting for 2.0 percent of its office stock, or roughly 5 million square feet across 254 locations.

Rounding out the list were Denver, with approximately 4.1 million square feet, and San Francisco, which had 3.9 million square feet across 154 locations—representing 2.3 percent of its total office inventory.

—Posted on Feb. 24, 2026

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The coworking sector continued its expansion, boasting a 155.7 million-square-foot footprint in the U.S. and accounting for 2.2 percent of the total leasable office space in October, according to CoworkingCafe. As multiple major operators expanded their combined market share and hybrid work policies remaining an alternative to long-term leases, the sector’s growth continued among key markets.

The list of the top three markets by square footage remained unchanged since our previous coverage, while other metros recorded steady growth.

Top metros for coworking space

Manhattan remains the top hotspot for coworking in the country, with 12.2 million square feet of flex office space across 294 locations—representing 2.4 percent of its total office stock, above the national average. Chicago, the runner-up on our list, featured 8.9 million square feet across 321 locations and boasted again the highest market share in the country, at 2.7 percent.

Los Angeles kept its third place on the top 10 markets for coworking space list. The metro had approximately 7.3 million square feet of flex office space spread in 327 locations and accounting for 2.4 percent of its stock—on par with Manhattan and Denver.

Washington, D.C., followed, with 7.2 million square feet among 304 locations, representing 1.8 percent of its market stock—the lowest figure on the list. Dallas-Fort Worth, Boston and Atlanta followed, with a coworking inventory ranging from 5.4 million to about 6 million square feet.

The metros with coworking space as share of total office inventory only slightly below national average included Dallas-Fort Worth, Boston and San Francisco—each posting a 2.1 percent value.

Meanwhile, the last three metros by coworking square footage included Houston, with approximately 5 million square feet of space, Denver, with 4.1 million square feet, and San Francisco, with 3.7 million square feet.

—Posted on November 26, 2025

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Coworking continues to hold its ground in the office sector, with national figures showing 59.8 million square feet of coworking space across 7,833 locations, accounting for 2 percent of total leasable office inventory, according to CoworkingCafe data. While the overall share remains stable, several major metros are reinforcing their positions as coworking powerhouses.

Manhattan leads in total volume, with 7.5 million square feet of coworking space spread across 269 locations, representing 2.3 percent of the market’s office stock. Yet it’s Chicago that claims the highest market share among top metros, with 2.5 percent of its inventory dedicated to coworking. The Windy City supports 3.4 million square feet across 291 locations, reflecting a strong appetite for flexible space in a diversified economy.

Coworking maintains national momentum

Los Angeles follows closely, with 4.1 million square feet across 299 locations, making up 2.3 percent of its office footprint. Atlanta and Denver also slightly outpace the national average, each posting shares just above 2.2 percent. Atlanta’s coworking scene includes 2.1 million square feet across 238 locations, while Denver supports 1.5 million square feet in 234 sites.

San Francisco and Boston remain steady, with coworking representing 2.1 percent and 2.0 percent of their respective inventories. San Francisco hosts 1.8 million square feet across 139 locations, while Boston offers 2.8 million square feet in 230 sites.

Meanwhile, Washington, D.C., Dallas-Fort Worth and Houston trail slightly behind, with shares ranging from 1.7 to 1.8 percent, though each still supports over 1.6 million square feet of coworking space. These figures highlight coworking’s enduring role in urban office ecosystems, especially in markets balancing corporate presence with entrepreneurial energy.

—Posted on August 28, 2025

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As coworking continues to play a strategic role in the evolving office landscape, several major markets are carving out sizable footprints for shared space. CommercialEdge data outlines the latest figures on market share, illustrating both established strongholds and areas with untapped potential.

Nationally, coworking space in April totaled close to 59.2 million square feet across 7,823 locations, accounting for 2 percent of the country’s total leasable office stock. Manhattan led the charge with 7.5 million square feet of coworking space across 278 locations, making up 2.3 percent of the metro’s total rentable office inventory.

Markets with the strongest coworking share

Chicago edged out all other metros with the highest coworking market share at 2.4 percent, supported by 3.4 million square feet across 280 locations. Los Angeles followed closely, posting a 2.3 percent share from nearly 4 million square feet across 303 sites—the largest count of coworking locations among top markets. Atlanta mirrored this with a 2.3 percent share as well, encompassing just over 2 million square feet in 244 locations.

Denver and San Francisco slightly outpaced the national average, with coworking making up 2.2 percent (1.5 million square feet, 239 locations) and 2.1 percent (1.9 million square feet, 135 locations) of their inventories, respectively. Boston matched the 2.0 percent national rate, with 2.8 million square feet across 221 locations.

Dallas–Fort Worth and Washington, D.C., each posted a 1.7 percent coworking share, with 2.1 million square feet spread over 279 locations and 2.6 million square feet distributed among 286 sites, respectively. Houston followed closely at 1.8 percent, totaling 1.6 million square feet spanning 226 locations.

—Posted on May 29, 2025

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As flexible workspaces remain a vital component of the office sector, several markets continue to stand out for their expansive coworking presence. February CommercialEdge data offers insights into the coworking landscape across these top-performing markets, highlighting shifts in footprint and market share.

Nationwide, coworking spaces add up to 58.5 million square feet across 7,776 locations, accounting for 2 percent of the country’s total leasable office stock. At the forefront, Manhattan retained its position as the largest coworking hub, with more than 7.8 million square feet spread across 275 locations, representing 2.3 percent of the metro’s total rentable office inventory. This underscores the enduring demand for flexible space in one of the world’s most competitive real estate markets.

Other metros with large coworking shares

Chicago and Los Angeles followed closely, each with coworking stocks amounting to 2.2 percent of total leasable office supply—above the national average, according to CommercialEdge. Chicago’s 269 coworking locations encompassed 2.9 million square feet as of February, while Los Angeles led in site count with 293 locations totaling nearly 4 million square feet. Atlanta also matched this 2.2 percent share, with 244 coworking spaces collectively covering close to 2.1 million square feet.

Denver and Phoenix posted comparable figures, with coworking making up 2.1 percent and 1.9 percent of their respective office stocks. Denver recorded 1.4 million square feet across 236 locations, while Phoenix followed with 1.3 million square feet across 155 sites.

Dallas-Fort Worth continues to be a one of the top coworking markets, with 2.3 million square feet spread across 284 locations, representing 1.8 percent of its total office space. As per CommercialEdge data, Boston and Houston report similar proportions, with Boston’s 2.7 million square feet—211 locations—and Houston’s 1.7 million square feet—232 locations—each comprising 1.8 percent of their markets’ rentable inventory.

Washington, D.C., rounds out the top 10 with 2.8 million square feet of coworking space distributed in 279 locations, representing 1.6 percent of the metro’s total office supply.

—Posted on February 18, 2025