Discussions » 🇺🇸 157 new US spaces, and DC bumps Manhattan from 3rd spot (🔗 Visit source)
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.
