{"id":1004756404,"date":"2025-05-01T06:39:19","date_gmt":"2025-05-01T14:39:19","guid":{"rendered":"https:\/\/www.commercialsearch.com\/news\/?p=1004756404"},"modified":"2025-07-01T09:10:54","modified_gmt":"2025-07-01T17:10:54","slug":"coworkings-growing-place-in-business","status":"publish","type":"post","link":"https:\/\/www.commercialsearch.com\/news\/coworkings-growing-place-in-business\/","title":{"rendered":"Coworking\u2019s Growing Place in Business"},"content":{"rendered":"
\n
\"Suzann
Suzann D. Silverman, Editorial Director<\/figcaption><\/figure><\/div>\n\n\n

As a sociology fan, I find it interesting to observe patterns of adaptation in business as well as society. Historically, individuals have had to adapt to business much more than the other way around (with the obvious exception of larger social movements like campaigns for workplace protection laws).  <\/p>\n\n\n\n

More recently, business has become more sensitive to the workplace preferences of large incoming generations, notably Millennials and Gen Z, which have bucked previous generations\u2019 willingness to just fit in. But the shifts in how and where work is conducted have been much more significant in the past few years, as individuals and companies alike have responded to the necessities and flexibilities brought on by the pandemic. <\/p>\n\n\n\n

<\/div>\n\n\n\n
\n
READ THE MAGAZINE<\/strong><\/a><\/div>\n<\/div>\n\n\n\n
<\/div>\n\n\n\n

The coworking sector has been a big beneficiary of this more recent shift, and its continued ability to adapt is expected to result in even greater expansion. The industry will nearly triple by 2028, according to CommercialEdge projections, to $37.4 billion from $14.3 billion last year. What\u2019s more, it\u2019s likely to become a much more significant player in the office space, comprising 30 percent of all office inventory by 2030, up from just 2 percent currently.<\/p>\n\n\n\n

That\u2019s a mindboggling change, which couldn\u2019t come just from individuals striving to get out of their homes without commuting to an established office or working as independent contractors. In fact, the relatively small but growing number of large corporations requiring workers to spend more time in their established offices would seem to put at least some limitations on that growth. However, increasingly, corporations themselves are making use of coworking space to establish satellite and shorter-term locations, as Jordan Mann discusses in this month\u2019s feature article, \u201cCoworking’s the New Satellite Office<\/a>.\u201d <\/p>\n\n\n\n

So-called enterprise users have become more comfortable with this option as coworking providers have coordinated with them to set up dedicated sections, complete with corporate branding and input into how the space is organized. So while such usage won\u2019t replace the traditional (and generally less expensive) lease, Savills Vice Chairman Gabe Marans told Mann, it can be a valuable addition to the corporate officing strategy.<\/p>\n\n\n\n

For office-building owners grappling with smaller traditional leases and competition from better-located or newer properties, the growing presence of coworking facilities represents another leasing opportunity, and one that could make the asset more attractive to other tenants. It isn\u2019t the answer for every vacant space, but it offers possibilities.<\/p>\n\n\n\n

And it\u2019s likely to offer more possibilities as businesses and their workers continue to evolve in their use of space. <\/p>\n\n\n\n

<\/div>\n\n\n\n
<\/div>\n\n\n\n

<\/p>\n\n\n\n

<\/div>\n\n\n\n

Read the May 2025 issue of CPE.<\/a><\/em><\/p>\n\n\n\n

<\/p>\n","protected":false},"excerpt":{"rendered":"

Corporations\u2019 increasing need for short-term and flexible space is driving greater demand.<\/p>\n","protected":false},"author":755,"featured_media":1004180489,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"_acf_changed":false,"_jetpack_memberships_contains_paid_content":false,"footnotes":""},"categories":[1521,21788],"tags":[34107],"class_list":["post-1004756404","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-digital","category-editors-notes","tag-savills"],"acf":[],"yoast_head":"\nCoworking\u2019s Growing Place in Business - Commercial Property Executive<\/title>\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<link rel=\"canonical\" href=\"https:\/\/www.commercialsearch.com\/news\/coworkings-growing-place-in-business\/\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"Coworking\u2019s Growing Place in Business\" \/>\n<meta property=\"og:description\" content=\"Corporations\u2019 increasing need for short-term and flexible space is driving greater demand.\" \/>\n<meta property=\"og:url\" content=\"https:\/\/www.commercialsearch.com\/news\/coworkings-growing-place-in-business\/\" \/>\n<meta property=\"og:site_name\" content=\"Commercial Property Executive\" \/>\n<meta property=\"article:publisher\" content=\"https:\/\/www.facebook.com\/CPExecutive\" \/>\n<meta property=\"article:published_time\" content=\"2025-05-01T14:39:19+00:00\" \/>\n<meta property=\"article:modified_time\" content=\"2025-07-01T17:10:54+00:00\" \/>\n<meta property=\"og:image\" content=\"https:\/\/www.commercialsearch.com\/news\/wp-content\/uploads\/sites\/46\/2017\/06\/SSilverman_101713_04-800x620.jpg\" \/>\n\t<meta property=\"og:image:width\" content=\"800\" \/>\n\t<meta property=\"og:image:height\" content=\"620\" \/>\n\t<meta property=\"og:image:type\" content=\"image\/jpeg\" \/>\n<meta name=\"author\" content=\"Suzann D. Silverman\" \/>\n<meta name=\"twitter:card\" content=\"summary_large_image\" \/>\n<meta name=\"twitter:creator\" content=\"@cpexecutive\" \/>\n<meta name=\"twitter:site\" content=\"@cpexecutive\" \/>\n<script type=\"application\/ld+json\" class=\"yoast-schema-graph\">{\"@context\":\"https:\/\/schema.org\",\"@graph\":[{\"@type\":\"WebPage\",\"@id\":\"https:\/\/www.commercialsearch.com\/news\/coworkings-growing-place-in-business\/\",\"url\":\"https:\/\/www.commercialsearch.com\/news\/coworkings-growing-place-in-business\/\",\"name\":\"Coworking\u2019s Growing Place in Business - Commercial Property Executive\",\"isPartOf\":{\"@id\":\"https:\/\/www.commercialsearch.com\/news\/#website\"},\"primaryImageOfPage\":{\"@id\":\"https:\/\/www.commercialsearch.com\/news\/coworkings-growing-place-in-business\/#primaryimage\"},\"image\":{\"@id\":\"https:\/\/www.commercialsearch.com\/news\/coworkings-growing-place-in-business\/#primaryimage\"},\"thumbnailUrl\":\"https:\/\/www.commercialsearch.com\/news\/wp-content\/uploads\/sites\/46\/2017\/06\/SSilverman_101713_04-800x620.jpg\",\"datePublished\":\"2025-05-01T14:39:19+00:00\",\"dateModified\":\"2025-07-01T17:10:54+00:00\",\"author\":{\"@id\":\"https:\/\/www.commercialsearch.com\/news\/#\/schema\/person\/c76ee9cae0414c33cc46212296dda6b9\"},\"breadcrumb\":{\"@id\":\"https:\/\/www.commercialsearch.com\/news\/coworkings-growing-place-in-business\/#breadcrumb\"},\"inLanguage\":\"en-US\",\"potentialAction\":[{\"@type\":\"ReadAction\",\"target\":[\"https:\/\/www.commercialsearch.com\/news\/coworkings-growing-place-in-business\/\"]}]},{\"@type\":\"ImageObject\",\"inLanguage\":\"en-US\",\"@id\":\"https:\/\/www.commercialsearch.com\/news\/coworkings-growing-place-in-business\/#primaryimage\",\"url\":\"https:\/\/www.commercialsearch.com\/news\/wp-content\/uploads\/sites\/46\/2017\/06\/SSilverman_101713_04-800x620.jpg\",\"contentUrl\":\"https:\/\/www.commercialsearch.com\/news\/wp-content\/uploads\/sites\/46\/2017\/06\/SSilverman_101713_04-800x620.jpg\",\"width\":800,\"height\":620,\"caption\":\"From the Editor\"},{\"@type\":\"BreadcrumbList\",\"@id\":\"https:\/\/www.commercialsearch.com\/news\/coworkings-growing-place-in-business\/#breadcrumb\",\"itemListElement\":[{\"@type\":\"ListItem\",\"position\":1,\"name\":\"Home\",\"item\":\"https:\/\/www.commercialsearch.com\/news\/\"},{\"@type\":\"ListItem\",\"position\":2,\"name\":\"Coworking\u2019s Growing Place in Business\"}]},{\"@type\":\"WebSite\",\"@id\":\"https:\/\/www.commercialsearch.com\/news\/#website\",\"url\":\"https:\/\/www.commercialsearch.com\/news\/\",\"name\":\"Commercial Property Executive\",\"description\":\"\",\"potentialAction\":[{\"@type\":\"SearchAction\",\"target\":{\"@type\":\"EntryPoint\",\"urlTemplate\":\"https:\/\/www.commercialsearch.com\/news\/?s={search_term_string}\"},\"query-input\":{\"@type\":\"PropertyValueSpecification\",\"valueRequired\":true,\"valueName\":\"search_term_string\"}}],\"inLanguage\":\"en-US\"},{\"@type\":\"Person\",\"@id\":\"https:\/\/www.commercialsearch.com\/news\/#\/schema\/person\/c76ee9cae0414c33cc46212296dda6b9\",\"name\":\"Suzann D. Silverman\",\"image\":{\"@type\":\"ImageObject\",\"inLanguage\":\"en-US\",\"@id\":\"https:\/\/www.commercialsearch.com\/news\/#\/schema\/person\/image\/\",\"url\":\"https:\/\/www.commercialsearch.com\/news\/wp-content\/uploads\/sites\/46\/2022\/03\/SSilverman_101713_04_cropped-for-headshot.jpg?w=96\",\"contentUrl\":\"https:\/\/www.commercialsearch.com\/news\/wp-content\/uploads\/sites\/46\/2022\/03\/SSilverman_101713_04_cropped-for-headshot.jpg?w=96\",\"caption\":\"Suzann D. Silverman\"},\"description\":\"Suzann D. Silverman is editorial director of CPE. She has covered the commercial and multifamily real estate industry since 1995, becoming editor-in-chief of Commercial Property Executive (formerly Commercial Property News) in 1998 and editorial director of both CPE and Multi-Housing News in 2016. She is also a longtime board member of the National Association of Real Estate Editors, currently serving as vice president. You can reach her at suzann.silverman@cpe-mhn.com.\",\"url\":\"https:\/\/www.commercialsearch.com\/news\/author\/suzann-d-silverman\/\"}]}<\/script>\n<!-- \/ Yoast SEO Premium plugin. -->","yoast_head_json":{"title":"Coworking\u2019s Growing Place in Business - Commercial Property Executive","robots":{"index":"index","follow":"follow","max-snippet":"max-snippet:-1","max-image-preview":"max-image-preview:large","max-video-preview":"max-video-preview:-1"},"canonical":"https:\/\/www.commercialsearch.com\/news\/coworkings-growing-place-in-business\/","og_locale":"en_US","og_type":"article","og_title":"Coworking\u2019s Growing Place in Business","og_description":"Corporations\u2019 increasing need for short-term and flexible space is driving greater demand.","og_url":"https:\/\/www.commercialsearch.com\/news\/coworkings-growing-place-in-business\/","og_site_name":"Commercial Property Executive","article_publisher":"https:\/\/www.facebook.com\/CPExecutive","article_published_time":"2025-05-01T14:39:19+00:00","article_modified_time":"2025-07-01T17:10:54+00:00","og_image":[{"width":800,"height":620,"url":"https:\/\/www.commercialsearch.com\/news\/wp-content\/uploads\/sites\/46\/2017\/06\/SSilverman_101713_04-800x620.jpg","type":"image\/jpeg"}],"author":"Suzann D. Silverman","twitter_card":"summary_large_image","twitter_creator":"@cpexecutive","twitter_site":"@cpexecutive","schema":{"@context":"https:\/\/schema.org","@graph":[{"@type":"WebPage","@id":"https:\/\/www.commercialsearch.com\/news\/coworkings-growing-place-in-business\/","url":"https:\/\/www.commercialsearch.com\/news\/coworkings-growing-place-in-business\/","name":"Coworking\u2019s Growing Place in Business - Commercial Property Executive","isPartOf":{"@id":"https:\/\/www.commercialsearch.com\/news\/#website"},"primaryImageOfPage":{"@id":"https:\/\/www.commercialsearch.com\/news\/coworkings-growing-place-in-business\/#primaryimage"},"image":{"@id":"https:\/\/www.commercialsearch.com\/news\/coworkings-growing-place-in-business\/#primaryimage"},"thumbnailUrl":"https:\/\/www.commercialsearch.com\/news\/wp-content\/uploads\/sites\/46\/2017\/06\/SSilverman_101713_04-800x620.jpg","datePublished":"2025-05-01T14:39:19+00:00","dateModified":"2025-07-01T17:10:54+00:00","author":{"@id":"https:\/\/www.commercialsearch.com\/news\/#\/schema\/person\/c76ee9cae0414c33cc46212296dda6b9"},"breadcrumb":{"@id":"https:\/\/www.commercialsearch.com\/news\/coworkings-growing-place-in-business\/#breadcrumb"},"inLanguage":"en-US","potentialAction":[{"@type":"ReadAction","target":["https:\/\/www.commercialsearch.com\/news\/coworkings-growing-place-in-business\/"]}]},{"@type":"ImageObject","inLanguage":"en-US","@id":"https:\/\/www.commercialsearch.com\/news\/coworkings-growing-place-in-business\/#primaryimage","url":"https:\/\/www.commercialsearch.com\/news\/wp-content\/uploads\/sites\/46\/2017\/06\/SSilverman_101713_04-800x620.jpg","contentUrl":"https:\/\/www.commercialsearch.com\/news\/wp-content\/uploads\/sites\/46\/2017\/06\/SSilverman_101713_04-800x620.jpg","width":800,"height":620,"caption":"From the Editor"},{"@type":"BreadcrumbList","@id":"https:\/\/www.commercialsearch.com\/news\/coworkings-growing-place-in-business\/#breadcrumb","itemListElement":[{"@type":"ListItem","position":1,"name":"Home","item":"https:\/\/www.commercialsearch.com\/news\/"},{"@type":"ListItem","position":2,"name":"Coworking\u2019s Growing Place in Business"}]},{"@type":"WebSite","@id":"https:\/\/www.commercialsearch.com\/news\/#website","url":"https:\/\/www.commercialsearch.com\/news\/","name":"Commercial Property Executive","description":"","potentialAction":[{"@type":"SearchAction","target":{"@type":"EntryPoint","urlTemplate":"https:\/\/www.commercialsearch.com\/news\/?s={search_term_string}"},"query-input":{"@type":"PropertyValueSpecification","valueRequired":true,"valueName":"search_term_string"}}],"inLanguage":"en-US"},{"@type":"Person","@id":"https:\/\/www.commercialsearch.com\/news\/#\/schema\/person\/c76ee9cae0414c33cc46212296dda6b9","name":"Suzann D. Silverman","image":{"@type":"ImageObject","inLanguage":"en-US","@id":"https:\/\/www.commercialsearch.com\/news\/#\/schema\/person\/image\/","url":"https:\/\/www.commercialsearch.com\/news\/wp-content\/uploads\/sites\/46\/2022\/03\/SSilverman_101713_04_cropped-for-headshot.jpg?w=96","contentUrl":"https:\/\/www.commercialsearch.com\/news\/wp-content\/uploads\/sites\/46\/2022\/03\/SSilverman_101713_04_cropped-for-headshot.jpg?w=96","caption":"Suzann D. Silverman"},"description":"Suzann D. Silverman is editorial director of CPE. She has covered the commercial and multifamily real estate industry since 1995, becoming editor-in-chief of Commercial Property Executive (formerly Commercial Property News) in 1998 and editorial director of both CPE and Multi-Housing News in 2016. She is also a longtime board member of the National Association of Real Estate Editors, currently serving as vice president. You can reach her at suzann.silverman@cpe-mhn.com.","url":"https:\/\/www.commercialsearch.com\/news\/author\/suzann-d-silverman\/"}]}},"jetpack_featured_media_url":"https:\/\/www.commercialsearch.com\/news\/wp-content\/uploads\/sites\/46\/2017\/06\/SSilverman_101713_04-800x620.jpg","jetpack_sharing_enabled":true,"_links":{"self":[{"href":"https:\/\/www.commercialsearch.com\/news\/wp-json\/wp\/v2\/posts\/1004756404","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/www.commercialsearch.com\/news\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/www.commercialsearch.com\/news\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/www.commercialsearch.com\/news\/wp-json\/wp\/v2\/users\/755"}],"replies":[{"embeddable":true,"href":"https:\/\/www.commercialsearch.com\/news\/wp-json\/wp\/v2\/comments?post=1004756404"}],"version-history":[{"count":8,"href":"https:\/\/www.commercialsearch.com\/news\/wp-json\/wp\/v2\/posts\/1004756404\/revisions"}],"predecessor-version":[{"id":1004756472,"href":"https:\/\/www.commercialsearch.com\/news\/wp-json\/wp\/v2\/posts\/1004756404\/revisions\/1004756472"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/www.commercialsearch.com\/news\/wp-json\/wp\/v2\/media\/1004180489"}],"wp:attachment":[{"href":"https:\/\/www.commercialsearch.com\/news\/wp-json\/wp\/v2\/media?parent=1004756404"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.commercialsearch.com\/news\/wp-json\/wp\/v2\/categories?post=1004756404"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.commercialsearch.com\/news\/wp-json\/wp\/v2\/tags?post=1004756404"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}