Members who seek a big network consisting of many other co-workers, though, should definitely consider joining a coworking space chain. 6 Outstanding Trends to Reinvigorate Your Brand In 2022. Industrious Office uses a different business model than most of the other large flexible space companies. Although its locations are primarily in the Southwest, its growing footprint also includes Portland and Minneapolis with many other markets on the horizon. Serendipity Labs offers coworking spaces at 19 locations in the United States. 10 Largest Coworking Space Companies from US in 2023 The company primarily focuses on enterprise rather than individual freelancers or remote workers. They offer locations across the District, from Georgetown to the Northwest to M Street to Pennsylvania Avenue. These shared spaces primarily target remote workers, small business owners, fast-growing ventures, and established enterprises. The company acquired Spaces in 2014 to be a direct competitor with WeWork, now operating 180 locations in 50 countries. Here are the 10 largest co-working operators in the nation, according to CommercialEdge data reported by CoworkingCafe, a Yardi-owned platform: 1) Regus | 832 locations IWG is far and away the. the largest coworking operators in the U.S. Morgan Stanley Grows Office Footprint at in Palm Beach Gardens, Oaktree Gives Bunker Hill Office New Lease on Life, Samsung Relocates to Vornado-Owned Office in Penn District, Freight Carrier Leases 134,000 Square Feet at South Florida Warehouse. Balazs Szekely is a qualified journalist with extensive experience as a real estate writer for several Yardi publications, covering a wide range of market studies and real estate news. WeWork counts a whopping 800 locations in 119 cities around the world. Talent Garden is one of Europe's largest network of coworking spaces, with 21 campuses in eight different countries. Some of the biggest companies today first began as a coworking startuplike Uber, for example, which operated out of RocketSpace in San Francisco when the company was co-founded in 2011 with a team of eight entrepreneurs. Headquarters: Chicago, IL Website Link: https://knotel.com/experience/. More than half of their U.S. offices are located along the East Coast preponderantly in the Northeast markets with 50 locations distributed among New York, Washington, D.C. and Boston, 12 in the major hubs of Florida, and nine in Atlanta alone. The study is a snapshot of the industrys biggest names that are shaping todays working landscape with the largest number of locations in the nation. can you check it and give me some new marketing ideas. Total U.S. WeWork Seoul 5-Ho Yuhan Hoesa, Justin Bradley Jones. While the industry is set to grow at a slower pace in 2020, we expect growth to rebound and develop even more rapidly from 2021 onwards, with a yearly growth rate of 21.3%. Serendipity Labs provides modern, flexible space thats specifically aimed at enterprises. Check out the complete list of coworking operators with 25 or more U.S. locations: The businesses on this list are expanding at an impressive rate fueled partially by the paradigm shift brought about by the pandemic, but also thanks to a variety of business models, from franchising to more specialized, boutique services. With just two spaces less than Intelligent Offices location count the Chicago-based owner-operator rounds out the top 10 list with 43 shared spaces nationwide. The Colorado-based company was founded in 1995 counts five locations each in its home state and, intriguingly, Virginia. You can connect with Balazs via email. The bulk of Spaces leverage is in Southern California and the Bay Area with a total of 29 spaces, followed by Texas with 15 spaces and New York City with 10 Spaces-branded locations. Website Link: https://www.spacesworks.com/about/. Brands were treated as separate entities even if they are partially or wholly owned or managed by the same business. This concept ensures familiarity and liveliness within the office buildings. Common Desk is a renowned workspace provider with 22 locations across Texas and North Carolina. CommonGrounds is a newer addition to the industry and is expanding rapidly. Intelligent Office is a large, franchise-owned flexible space company that caters to one and two-person private offices, much like Regus and Premier Workspaces. Total U.S. While Studio doesnt yet offer as many locations as others, its expansion is inevitable considering its ownership. It then went on to become one of the fastest-growing lessees of New York office space. Locations: 135. All rights reserved 2023 The Real Deal is a registered Trademark of Korangy Publishing Inc. Bill Fuller, Martin Pinilla win $63M verdict against Joe Carrollo, Carlyle pays $100M for two-tower 421a site in Gowanus, How Blackstone shrunk office holdings to 2 percent, Houston REIT turning entire 7M sf portfolio into self-storage, Industrious adds apartment sites to coworking footprint, WeWorks bleeding continues as firm cuts 40 locations, IWG, Instant Group creating flex office space giant, close 40 locations on its pursuit of profitability. The industry also refers to such space as Flex HQ, where a company like Knotel is able to build out space specifically for an enterprises culture and particular needs. Established: 1989 While they dont offer the true shared space with a collaborative atmosphere that is synonymous with coworking, their strengths are elsewhere. Worldwide Coworking Statistics [2022] - Corporate Suites Passionate and keen to learn, he is excited to put his writing experience to use, covering everything real estate. trending companies, startups, investments and M&A activities, notable investors of these companies, their management team, and recent news are also included. The company primarily focuses on enterprise rather than individual freelancers or remote workers. Established: 2008 Headquarters: New York Users can rent an office or coworking space by the day or use the typical monthly membership fees. HQ has 17 locations in Texas and 10 in California, but most of its domestic locations are along the East Coast, excluding a notable absence from New York. Total U.S. 2023 - Yardi Systems, Inc. All Rights Reserved. Techspace brings forth nine coworking spaces in New York, Los Angeles, Orange Country, San Francisco, Austin, Houston and Washington D.C. Techspace offers well-equipped workspaces, meeting rooms, lounges and event spaces at affordable prices. Its a very professionally run organization that focuses on flexible office space for enterprises, although it does offer a full spectrum of solutions that range from private suites to open seating. CoworkingCafe analysts cross-checked the proprietary data with the number of publicly available listings on each operators own website. Ucommune's latest round of funding at the end of 2018 put the company's valuation at $3 billion, and their growth is not slowing down. The flexible office space industry is growing by leaps and bounds, averaging 23% annual growth since 2010. Here are some of the largest coworking companies in 2021 according to Coworking Resources: Regus (3,000 locations) WeWork (800 locations) Spaces (400 locations) Impact Hub (100 locations) Industrious (100 locations) Venture X (45 locations) TechSpace (6 locations) This allows for quite a uniform national coverage, Midwestern and East Coast markets getting most of their attention. The company also has a significant number of locations in Europe and Asia. The Cannon opens new location Amegy's space in The Woodlands - Houston Fast forward a few years and video game designer Bernard DeKoven coins the term coworking, albeit referring to the way we work and not the space we work in. Talent Garden offers fantastic coworking spaces along with high-quality amenities at 23 locations. It offers virtual office plans, coworking spaces, and full offices for rent around the world at competitive prices. CommonGrounds is a newer addition to the industry and is expanding rapidly. We list it here as the majority of the location will keep on operating under the new management, although that may or may not be under the Knotel brand. Check out our in-depth analysis of the coworking industry. Established: 2003 Headquarters: Luxembourg As youll see, even after narrowing the list to 14 of the largest coworking companies, businesses still have a tremendous variety to choose from. However, the company recently announced dropping a significant share of their U.S. locations WeWork is terminating 40 leases as part of a consolidation strategy, most of them by year-end. A reputable international company is a part of the IWG plc holding group. However, Studio is already a significant global coworking brand with locations in marquee markets like Beverly Hills, New York City, Chicago, and Washington, DC. Alley is a smaller chain, compared to others on our list, but there are many more locations coming soon! However, Studio is already a significant global coworking brand with locations in marquee markets like Beverly Hills, New York City, Chicago, and Washington, DC. This list of companies and startups in United States in the coworking space provides data on their funding history, investment activities, and acquisition trends. How To Sign Out Of Outlook On Desktop And Mobile? However, although Spaces caters to freelancers, entrepreneurs, and small businesses looking for an innovative and collaborative environment, its also a good fit for enterprises looking for those same traits in a workspace. How to make a post shareable on Facebook? Workstyle Flexible Spaces also operates exclusively in the U.S. A large majority of its locations are in Texas, including 27 in Houston alone, where Workstyle is based. There are currently 466 coworking locations operating under the Spaces flag in more than 50 countries in Europe, Africa, the Americas, Asia, and the Pacific. Easiest Way to Find Best Coworking Space Near You! They are often self-employed and therefore not colleagues. Website Link: https://novelcoworking.com/locations/, Filed Under: Coworking Tagged With: Best coworking space in USA, coworking home, largest coworking companies in the USA, largest Coworking space in United States of America. Read more about the advantages of this concept and the worlds biggest coworking companies. Owned by Boxer Property Management, Texas-based Workstyle Flexible Spaces takes 7th place on our list with 67 active locations nationwide at year-end. They have multiple locations in most major cities, which means wherever you are, there will most likely be one close to your home or even your Airbnb when you're traveling. Best Coworking Spaces in the World - Digital Nomad World DPR Construction | Homepage (source). Free access to our best guides, industry insights and more. DISM.exe /Online /Cleanup-Image /Restorehealth commands. Save my name, email, and website in this browser for the next time I comment. As of now Spaces has offices in Europe, Africa, the Americas, Asia, and the Pacific. Total U.S. Like Breather, Knotel offers private flex office space, not coworking or shared space. Like most of the other coworking space chains, they offer virtual office memberships, open desk memberships and private offices. In 2016, Regus established new holding company, IWG, a group of hybrid-working brands including HQ Global Workplaces and Spaces. The growth of these organizations continues. At the moment, it has more than 600,000 members across the world. November 20, 2020 Christy Coworking, Coworking Sales, Coworking Trends 0 Comments Rates of entrepreneurship in the US and Canada are among the highest in the developed world. Despite WeWork's acquisition of the Chinese company Naked Hub, Ucommune seems to have enough resources to maintain its leadership in the Chinese market in 2021. The company's focus is on the community, providing coworking space, corporate partnership programs, and educational opportunities to members. The term coworking was once coined by Bernie DeKoven in 1999 and in 2005 it was used by Brad Neuberg when he started up a coworking concept called the Hat Factory in San Francisco. Regus is an authority in the coworking segment in other aspects too. And what is the meaning of a CCO? Big coworking operators also offer flexible membership options and boutique, customized services to match the membership base. Spaces is owned by the same company as Regus IWG. Coworking is far from finished. They have flexible leasing offers and members can choose between different types of offices and different tiers of monthly memberships. Furthermore, HQ is preparing to launch at least 19 new U.S. locations over the next few quarters, setting them up for an expansion of more than 30% in 2023. document.getElementById("ak_js_1").setAttribute("value",(new Date()).getTime()); All You Need to Know About Coworking Space Agreements, Introducing: Office Space Cost Calculator. Established in 2013, Industrious Office uses a different business model than most of the other large flexible space companies. Insights about top. In this post, we look at 15 largest coworking companies in United States, including their locations, amenities & addresses. The membership fees for hiring a hot desk start from $49 per month and a dedicated desk is $799 per month. Put this way it doesnt sound like a lot, but its still enough to secure HQ a respectable spot in the top 10. 91Springboard Get The Full List of Coworking Spaces in India by Fundoodata.com - Click Here ABL Workspaces Pvt Ltd ABL Workspaces was founded in 2017. We encourage you and freely grant you permission to reuse, host, or repost the images in this article. Occupying the third position with 135 U.S locations, Industrious Office is one of the rising stars of the coworking industry in the U.S. Its recent flurry of activity has seen the operator start 2023 on a strong note, opening new locations in multiple mixed-use developments. How to log out of the Amazon App and website using mobile and desktop? The company focuses on sole proprietors, small businesses, and similarly-minded enterprises. These leaders, the big 2, are the IWG Group (Belgium) and WeWork (USA). It is the second-largest provider to operate exclusively in the United States. Office Evolution is another rapidly growing coworking company with several new locations either currently under development or just opened. Total U.S. 2020 Insidenetwork.com - The place for business. SomaCentral coworking space is the first choice of tech startups. At present, Regus has more than 3,000 workspaces in the world. Among the most notable coworking spaces is Impact Hub, the world's largest global network and accelerator of positive change. At present, Spaces has expanded to Europe, Asia, South Africa, and America. The largest coworking space networks in Europe FLYDESK Coworking spaces are best suited for small business owners and corporates looking forward to expanding the business operation to a global level. Floor 3. Users can rent office or coworking space by the day or use the typical monthly membership fees. The flexible office space industry is growing by leaps and bounds, averaging 23% annual growth since 2010. Although Venture X has locations across the country, most of its spaces are in Florida and Texas, with several additional sites currently in development. If you're looking for your own space now (whether you're an entrepreneur, freelancer, telecommuter, or even just need a great place to work for a day), you might want to consider one of these 23. The Biggest Coworking Companies Include: Impact Hub WeWork Your Alley Knotel District Cowork Make Office Industrious Office Techspace Venture X Serendipity Labs Green Desk SomeCentral Spaces This list may include both state and private ventures providing the most value within the Coworking industry. WeWork boasts a robust U.S. presence with 256 locations nationwide out of a global portfolio thats 700 strong, even with the companys recently announced plans to scale back its footprint. What does a Chief Commercial Officer (CCO) do? Formerly known by Premier Business Centers, the company operates many of its locations in the Los Angeles area. Coworking, Featured, National, Office, Private offices| Ranking the Largest U.S. Coworking Operators. Since it owns its buildings, Novel uses a different model than most of the other well-known coworking space companies. Also, because it appeals to more enterprise-level tenants, Convene offers a variety of cutting-edge technology with 24/7 tech support for clients. Coworking spaces offered by the Spaces are spacious, flexible and well-equipped with ergonomic furniture. Check our list with the top, How to Secure the Odds of Living the Ultimate Digital Nomad Lifestyle, 8 Key Factors to Consider when Choosing a Coworking Space, Latest Coworking Space Management Software Solutions and Apps. Established: 1962 Interested in coworking statistics? Flexible workplace opportunities allow businesses to evolve and thrive. Locations: 135 Industrious Office currently operates 135 coworking locations in close to 40 U.S. cities as well as a sizable international portfolio in key European and Asian markets. The company targets both coworking tenants as well as enterprises and is already making a name for itself with the agility it affords tenants. Approximately 2.5 million people are currently using these locations. Although it was quickly becoming one of WeWork's main competitors, things changed drastically in 2020 and 2021. If it werent for the 10 locations in California, much of the West would be all but uncovered HQ has somewhat of a hotspot in Texas, with 17 locations, but their remaining offices are mostly scattered across the East Coast. Although Venture X has locations across the country, most of its spaces are in Florida and Texas, with several additional sites currently in development. With same vibrant community, inspiration, and a great place to work in mind, ImpactHub currently have 14 locations in US. Industrious is a global brand offering fantastic coworking spaces along with high-quality amenities to its members. We use cookies to enhance your experience and for marketing In the years to come, the impact these companies have on the industry, from the trends they introduce to the profits gained, will determine the future of coworking. Employees at Accenture rate their employer a 4.0 out of 5. continued rise in the share of freelance workers, employers requiring increased office presence, dropping a significant share of their U.S. locations, the company announced an ambitious long-term plan, Tails Wag a Little Harder in These U.S. Pet Cities Seattle is 2023s Best Place for Pets & Their Owners. I do have coworking space and expaned to 4 location in previous three years. Like Industrious, Convene emphasizes hospitality in their coworking spaces. Also, because it appeals to more enterprise-level tenants, Convene offers a variety of cutting-edge technology with 24/7 tech support for clients. Perhaps the most recognizable name in coworking, WeWork, is the second largest office occupier in North Texas among coworking companies with 668,000 square feet, according to CBRE research. The core of Premier Workspaces presence is in Southern California, with the mass of their coworking spaces located in the L.A. Metropolitan Area. The largest coworking companies in the US - topsocialite.com What Is The Average Coworking Space Cost? Many providers of coworking spaces have locations in several cities at home and abroad, making it possible to work in many places. Headquarters: Irvine, CA Some of its most notable client companies include AT&T, Google, and Toshiba. Navigate, like most of the other coworking space companies, offer virtual office memberships, open desk memberships and private offices. The U.S. portfolio of Spaces currently comprises 117 coworking offices, earning the brand 4th place in the national ranking by location count. December 7, 2020, 12:35 pm. It specializes in hospitality-based amenities for users, including perks like free food and beverages. Conveniently located in the heart of Frankfurt's banking district, WeWork's Taunusanlage serviced office space offers prime access to a major hub for finance, tech, and business development. When doing so, we only ask that you kindly attribute the authors by linking to CoworkingCafe.com or this page, so that your readers can learn more about this project, the research behind it and its methodology. When coupled with the real-time, comprehensive search engine on our website, youll find coworking space that truly serves as a springboard for your organization and team. When you choose Navigate, youre getting access to top-tier service and amenities, common spaces, conference rooms, and moreside-by-side with a vibrant network of local entrepreneurs. One of the coworking spaces is located in Washington D.C. and the other is located in Cambridge, MA. In contrast, its next-largest cluster is in Atlanta with only six locations. The major office of Knotel is located in New York and San Francisco. Your Alley has locations in New York City, Washington D.C. and Cambridge, MA (just a few minutes away from MIT). MindSpace has expanded to 15 locations, the most recent being Tel Aviv, which opened in January. Pedal Powerhouses: the Best Cities for Bike Commutes in the U.S. The market for coworking is huge and it's far from being saturated. Locations: 246. benw@upsuite.comt. Founded in 2010, WeWork currently has 49 locations in New York City alone, and it became the largest private office tenant in Manhattan already in 2018. This also enables clients to customize office spaces more easily. It specializes in hospitality-based amenities for users, including perks like free food and beverages. Servcorp has office spaces in 22 countries and nine locations in the U.S. alone. Venture X started in 2012 with a single location in Naples, Florida, and started franchising in 2016. Intelligent is spread thin throughout the nation, only having multiple locations in three cities: Denver, Las Vegas and El Paso. WeWork has a unique feature of We Membership providing private office spaces, open plan seating and dedicated desks at its locations. Virginia and their home state of Colorado are the most obvious expansion markets in Intelligent Offices portfolio, with five locations in each state. However, the firm recently decided to close 40 locations on its pursuit of profitability. It does, however, feature east coast and midwest locations as well as other regions of the Western United States. WeWork Inc. is a provider of coworking spaces, including physical and virtual shared spaces, headquartered in New York City. The IWG Group has about 3300+ locations spread over about 1000+ cities in about 110+ countries. They have flexible leasing offers and members can choose between different types of offices and different tiers of monthly memberships. This allows them to do more customization for their clients, whether thats simply removing a wall or providing full, custom buildouts to suit a companys specific needs. In addition to insights weve provided on choosing the ideal coworking space for your enterprise, we wanted to take a closer look at some of the biggest names in the industry. This allows them to do more customization for their clients, whether thats simply removing a wall or providing full, custom buildouts to suit a companys specific needs. WeWork coworking spaces are present in almost 65 cities, with almost 50 locations present in New York. When coupled with the real-time, comprehensive search engine on our website, youll find coworking space that truly serves as a springboard for your organization and team. In fact, Expansives pricing is up to 50% lower than some of its competitors. 55 Coworking Statistics 2020/2021: Market Share & Idustry Growth (Fun fact: Spotify was also born out of the same RocketSpace!) Spaces is owned by the same company as Regus IWG. New York, NY 10017. help@wework.com. Additionally, in Spring 2021, the company announced an ambitious long-term plan backed by investment from real estate holding company The Bascom Group, LLC to take over 100 such locations. We recommend using our downloadable guide, How to Choose Coworking Office Space: Find the Right Location & Terms For Your Budget, for additional, unbiased insights on your search for flex office space. Plus they often have flexible membership options that grant access to multiple locations, especially for members of larger coworking companies. But like most industries, a small number of operators have separated from the field, distinguishing themselves in some way. Despite an outsized reputation and meteoric rise after its debut in 2010, WeWork doesnt even have a third of the locations its chief competitor boasts. Required fields are marked *. These companies are experiencing tremendous growth by utilizing various business models, from franchising to more boutique, customized services. Locations: 45. Total U.S. In addition to insights weve provided on choosing the ideal coworking space for your enterprise, we wanted to take a closer look at some of the biggest names in the industry. Minor discrepancies are possible. The next two providers from the top 10 ranking have a targeted approach in their geographic distribution. What does PM mean on facebook? Knotel is looking forward to expanding business operations on a global level. Each location is a locally-owned franchise that focuses on small and entrepreneurial teams. Total U.S. Businesses in a Serendipity Labs space usually want a modern environment with more privacy and security than what other coworking companies provide. For the full breakdown of which operators have the most coworking locations in the U.S., as well as the methodological considerations behind the study, check out CoworkingCafes original story on the largest U.S. coworking operators. Headquarters: Louisville, CO Office Evolution is another coworking space company that uses a franchise model, specializing in flexible private office space primarily in key suburban markets across the country. Established: 2002 The basic on-demand membership, with ability to book a workspace when you need it, is $29 each day you book access. Knotel is one of the largest coworking spaces in United States, raising almost $95M during the funding. As an alternative to the more traditional business environments found in Regus sites, Spaces specializes in the larger, open, shared space that many people associate with the coworking industry. The biggest coworking companies in the world - Inside Network Chicago and Metro Phoenix are Expansives only markets with a strong focus, otherwise they typically only have one property per city.