Paulika Ran shares that the second COhatch location in Georgia will be in Lawrenceville. Expected to open in early 2025.

The recent report by CoworkingMag (part of Yardi) highlights key developments and trends among the top 15 coworking brands in the U.S. this year.

The top 15 US brands (by number of locations) are: Regus (972), HQ (204), WeWork, (173) Industrious (145), Spaces (117), Premier Workspaces (86), Office Evolution (79), Workstyle Flexible Spaces (65), Venture X (46), Intelligent Office (43), Expansive (42), LocalWorks (36), COhatch (34), Serendipity Labs (28) and Lucid Private Offices (27).

What’s changed since the last report? Regus (part of IWG) saw a 17% growth since December 2022, keeping first position. HQ climbed to second place with a meteoric 240% growth from May 2022. WeWork dropped 1 place after closing 73 US locations. Lucid Private Offices joined the top 15 with the second largest growth rate of 23%.

Overall, the U.S. coworking market added 1,166 new locations from December 2022 to the beginning of May 2024 – a 20% increase in the span of more than one year. Meanwhile, the top 15 coworking operators grew their inventory by 14% in total – a sum of 252 new locations.

Ryan Fogelman from COhatch shares just one of the results from the ‘Boost’ and ‘Give’ Scholarship programs they’ve been running since 2016. This piece (and the included video interview) looks at how these programs supported Chad Porter on his entrepreneurial journey with CHVD JUSTIN.

Are you running a scholarship program? It’s remarkable what an impact a single desk, some coffee and a great community can have on someone’s life.

Congrats Kristina Rus and the Beachwood community!

The partnership between COhatch and North High Brewing formed in 2020 (that started with a food and beverage partnership in Dublin, Ohio) must have gone deliciously. Not only had North High expanded alongside COhatch’s growth, but the coworking firm has now acquired the remaining 3 brewpubs.

I do wonder if we’ll see other multi-location brans expand into establishing or acquiring complimentary F&B options.