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🌎 Vast reports strong performance and continued expansion in 2025
Vast, closed 2025 with strong year-over-year performance across systemwide sales, membership growth, Expand 👇 franchise development, and international expansion. Venture X reported an 11% increase in annual revenue, while Office Evolution reported a 13% increase. Venture X grew its global membership base by 67%, Office Evolution by 50%, and Intelligent Office surpassed 4,800 members across its locations and virtual service channels.
ICYMI: I chatted with Jason Anderson, the group’s CEO, about their recent move to spin out of UFG.
Vast, closed 2025 with strong year-over-year performance across systemwide sales, membership growth, Expand 👇 franchise development, and international expansion. Venture X reported an 11% increase in annual revenue, while Office Evolution reported a 13% increase. Venture X grew its global membership base by 67%, Office Evolution by 50%, and Intelligent Office surpassed 4,800 members across its locations and virtual service channels.
ICYMI: I chatted with Jason Anderson, the group’s CEO, about their recent move to spin out of UFG.
🇺🇸 US coworking market reaches 8,420 locations over 152M sqft
Yardi shares in a CoworkingCafe report that the US coworking market reached 8,420 locations covering Expand 👇 152M square feet in Q3 2025, representing 2.1% of total office space with national median pricing at $225/month for memberships, $30 for day passes, $45/hour for meeting rooms, and average site sizes of 18,080 square feet.
Manhattan leads in square footage with 12.06M square feet across 287 locations averaging 42,000 square feet each, while Los Angeles has the highest location count at 322 spaces, followed by Dallas-Fort Worth (310) and Chicago (287 locations with 8.74M square feet).
Regus dominates operator presence with 1,185 locations nationwide, followed by HQ (274), VAST Coworking (180), Industrious (150+), and Spaces (150+), while Manhattan maintains premium pricing at $339/month for memberships and $67/hour for meeting rooms compared to efficiency markets like Salt Lake City and Columbus at approximately $150/month. Texas emerged as one of the country’s largest coworking ecosystems with Dallas, Houston, Austin, and San Antonio collectively hosting over 600 flexible workspaces.
Yardi shares in a CoworkingCafe report that the US coworking market reached 8,420 locations covering Expand 👇 152M square feet in Q3 2025, representing 2.1% of total office space with national median pricing at $225/month for memberships, $30 for day passes, $45/hour for meeting rooms, and average site sizes of 18,080 square feet.
Manhattan leads in square footage with 12.06M square feet across 287 locations averaging 42,000 square feet each, while Los Angeles has the highest location count at 322 spaces, followed by Dallas-Fort Worth (310) and Chicago (287 locations with 8.74M square feet).
Regus dominates operator presence with 1,185 locations nationwide, followed by HQ (274), VAST Coworking (180), Industrious (150+), and Spaces (150+), while Manhattan maintains premium pricing at $339/month for memberships and $67/hour for meeting rooms compared to efficiency markets like Salt Lake City and Columbus at approximately $150/month. Texas emerged as one of the country’s largest coworking ecosystems with Dallas, Houston, Austin, and San Antonio collectively hosting over 600 flexible workspaces.
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