Leading Markets for Coworking Expansion
Find out which U.S. metros have the largest footprints, according to CommercialEdge data.
As coworking continues to play a strategic role in the evolving office landscape, several major markets are carving out sizable footprints for shared space. April CommercialEdge data outlines the latest figures on market share, illustrating both established strongholds and areas with untapped potential.
Nationally, coworking space in May 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
In November, CommercialEdge data provided a snapshot of the nation’s coworking landscape, highlighting the top 10 markets driving the growth of shared office space. These key locations showcased notable variations in footprints, reflecting the evolving demand for flexible work environments across the U.S.
Manhattan led the way, with 11.2 million square feet coworking space spread across 275 locations. This accounted for 2.2 percent of the metro’s total rentable office stock, underscoring the enduring appeal of such spaces in one of the world’s most competitive real estate markets. Similarly, Los Angeles (6.5 million square feet) and Denver (3.7 million square feet) demonstrated robust coworking footprints, each reporting a share of 2.2 percent, slightly above the national average of 1.9 percent.
Chicago, Atlanta and San Francisco followed closely, with coworking locations comprising 2.1 percent of their total rentable space inventory, CommercialEdge data shows. Chicago encompassed 260 locations and 6.8 million square feet of coworking space, while Atlanta’s 242 locations accounted for 4.4 million square feet. As of November, San Francisco had 125 locations offering 3.6 million square feet of coworking space.
Meanwhile, Dallas-Fort Worth had 5.3 million square feet of coworking space, representing 1.8 percent of its rentable office space stock. Boston and Houston rounded out the rankings with coworking pipelines of 4.8 million and 4.5 million square feet, respectively. In both markets, coworking space represented 1.8 percent of the total rentable office inventory.
—Posted on November 27, 2024
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