Demand for flexible workspace including coworking options has never been higher, according to a survey from Yardi Kube, a space management software provider that is part of Yardi Systems.
Coworking spaces are now considered a viable option by 39% of the 1,200 office tenants surveyed. The top two reasons for interest in coworking space are cost savings and flexibility to increase and decrease the office footprint as needed.
About two-thirds of commercial real estate professionals surveyed plan to embrace some version of hybrid work. That doesn’t translate into a sharp decrease in office space demand, though.
The vast majority (91%) of respondents said they were confident that their footprint will either stay the same or increase in the near future. Only 9% said they plan on reducing their footprint.
Related Stories
Office Buildings | Mar 7, 2017
Large creative office projects generate staggering returns for property investors
A new Transwestern report examines the adaptive reuse trend across the U.S.
Office Buildings | Mar 2, 2017
White paper from Perkins Eastman and Three H examines how design can inform employee productivity and wellbeing
This paper is the first in a planned three-part series of studies on the evolution of diverse office environments and how the contemporary activity-based workplace (ABW) can be uniquely tailored to support a range of employee personalities, tasks and work modes.
Office Buildings | Mar 2, 2017
Office renovation and addition give new life to a section of Huntsville, Ala.
The newly opened Freedom Center, near Redstone Arsenal, includes a 10,000-sf conference center.
Office Buildings | Feb 24, 2017
The sun’s rays helped shape this Studio Gang-designed NYC tower
Solar Carve Tower advances Studio Gang’s ‘solar carving’ design strategy.
Office Buildings | Feb 16, 2017
Bjarke Ingels Group wins competition to design S.Pellegrino Flagship Factory
The factory will immerse employees and visitors in nature from all sides.
Industry Research | Feb 15, 2017
Putting workers first should be every employer’s priority
The latest Sodexo report on workplace trends explores 10 factors that are impacting the global work environment.
Office Buildings | Feb 8, 2017
London office building employs transitional forms to mediate between the varied heights of surrounding buildings
Friars Bridge Court will provide a transition between the unvarying height of the buildings to the south and the more varied heights of the northern buildings.
Office Buildings | Feb 7, 2017
SOM-designed HQ will provide new riverfront space for C.H. Robinson
Over 1,000 employees will work in the HQ building when completed.
Office Buildings | Feb 6, 2017
The see-through office: Why interior glass is all the rage in workplace design
The hottest material in workplace design—interior glass—opens offices to light and collaboration. But what about privacy and acoustics?
Office Buildings | Feb 3, 2017
Zurich defies center-core office archetype with stacked, cantilevered HQ
The top bar is 500 feet long, spans 180 feet between the bottom two bars, and cantilevers out 60 feet to the east.
