The concept of co-working spaces has been on the upswing for a few years for freelancers and startups, but demand for this type of working structure continues to extend to other workers. This is happening for various reasons, and many businesses are moving towards remote work structures and hybrid structures.
As a result of these trends, businesses are downsizing physical space to cut overhead expenses. Yet, people are finding they still want to work outside of their home or with the company of other professionals, at least for a part of the time. Co-working is going to be one of the top office trends that attract tenants; keep reading to learn why commercial real estate investors should be prepared.
How Big is the Co-Working Market?