Ben Wright from The Instant Group shares some shocking numbers, noting that just 30% of recently closed fully built-out coworking spaces are now occupied by another operator.

When asked, some say they are waiting for a traditional tenant, but only 18% of these closed spaces have been taken by such tenants. Ben notes that this does leave over 500 "ready-to-go" spaces that other operators could activate, and asks what we as an industry are going to do about it.

I have two of my own questions. 1. Are any of those 500+ spaces now landlord-run flex spaces? 2. Some of those landlords need to chat to the folks at DenSwap about maybe listing those turnkey spaces on their marketplace for buying coworking businesses.