Matt Matros shares that one of his biggest regrets in business is angel investing.

Why the f is this in a coworking recap? He uses his $8,436 post-exit check, for his $10k angel investment into Industrious in 2019, to make his point. Eek. Not a good signal to the capital markets.

Kylie VanBuren, Director of Real Estate Transactions for Industrious, joined Caleb Parker on the Brave Ideas podcast to discuss what successful partnerships between coworking operators and landlords look like, especially as the traditional lease model evolves into collaborative partnership agreements.

Fresh off his recent promotion to CEO of Building Operations & Experience at CBRE, prev-Industrious CEO Jamie Hodari joins Spencer Levy on The Weekly Take podcast where they discuss how all real estate is in-fact operational.

Charlie Moss at Interaction shares some notes for CFOs finding themselves with 40k sqft or more of unused office space. Pointing to CBRE and Industrious‘ model for Lever House as a blueprint, the case is made that larger companies could (and should) partner with experiences operators to manage and monetize additional space when it’s not being utilized.

This is an interesting approach, and is the flip-side of the coin to what Tashi Dorjee shared that he’s seeing in APAC – experienced coworking operators offering their solutions and services to the rest of the building as a revenue growth channel.

CoworkingCafe’s last quarterly report (using proprietary data as of December 2024) just dropped. Across the 25 largest US markets they saw:

National mean pricing remained stable for dedicated desks ($300), VO ($120), while hot desks saw a subtle $1 decrease to $149.

A 2% quarter-on-quarter growth nation-wide in number of coworking spaces, up to 7,695 from 7,500. This adds 3.3M sqft, bringing the total flex space to 136.8M sqft. Biggest growth in Salt Lake City (8%) and Austin (5%) by number of spaces. LA still leads the table of most coworking spaces with 292 spaces, followed by DFW (286), Washington D.C. (277) – bumping Manhattan (273) to fourth spot.

Regus remains the biggest individual brand (1,018 locations), with Industrious (147) replacing WeWork (137) in second spot. Spaces (124) and HQ (119) – both also IWG brands -top out the top 5 chart.

Comparing Q4 2024 vs Q4 2023 – 23% growth from 6,251 spaces and a 13% growth (or 16M sqft) in total square footage.