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🇺🇸 US sees 58% suburban vs 4% urban coworking growth
Yardi Kube’s latest analysis on suburban and urban coworking evolution across the 50 largest U.S. Expand 👇 metropolitan areas is now out.
Leveraging CoworkingCafe data from January 2023 to January 2025 we learn that suburban coworking space expanded from approximately 55.5 million square feet in 2023 to over 68.2 million square feet in 2024, surpassing 87.6 million square feet at the beginning of 2025.
Nationally, flex space coverage stood at a total of over 150.8M sqft in January 2025, from over 116.1M in January 2023.
We also see a switch in distribution, with suburban locations representing 58% of the national market, up from 48% two years ago.
Where? Los Angeles has the 7.2M sqft of suburban spaces. NYC has 14.8M sqft of urban flex space. Indianapolis, IN and Virginia Beach, VA saw 83% of their shared space development being suburban.
Yardi Kube’s latest analysis on suburban and urban coworking evolution across the 50 largest U.S. Expand 👇 metropolitan areas is now out.
Leveraging CoworkingCafe data from January 2023 to January 2025 we learn that suburban coworking space expanded from approximately 55.5 million square feet in 2023 to over 68.2 million square feet in 2024, surpassing 87.6 million square feet at the beginning of 2025.
Nationally, flex space coverage stood at a total of over 150.8M sqft in January 2025, from over 116.1M in January 2023.
We also see a switch in distribution, with suburban locations representing 58% of the national market, up from 48% two years ago.
Where? Los Angeles has the 7.2M sqft of suburban spaces. NYC has 14.8M sqft of urban flex space. Indianapolis, IN and Virginia Beach, VA saw 83% of their shared space development being suburban.
💸 Where did $557 BILLION in office building value go?
Bloomberg dropped some major data points pointing to major shifts in the commercial real estate Expand 👇 market. Of note, the outperformance of offices in the suburbs and a shocking global shrinkage of 17% in overall tenancy – representing 1B sqft of space no longer needed.
Bloomberg dropped some major data points pointing to major shifts in the commercial real estate Expand 👇 market. Of note, the outperformance of offices in the suburbs and a shocking global shrinkage of 17% in overall tenancy – representing 1B sqft of space no longer needed.
🏡 US sees 1% growth in suburban coworking spaces in 2024
According to CoworkingCafe’s annual Coworking Suburbs Report, the number of coworking spaces in Expand 👇 suburban areas in 2024 saw a 1% increase nationwide compared to the previous year. There are 43 suburbs nationwide that each boast at least 10 coworking spaces. At the metro level, they focused on the ones that have at least three such suburbs, to highlight the top 5.
Other findings include that in 2024, 45% of all US spaces were in suburban areas, totaling over 2,500 suburban spaces vs 3,100 urban ones. Regus led the suburban expansion (with 427 locations) followed by OpusVO and HQ with 79 and 61 spaces, respectively.
Los Angeles metro area takes the crown for the highest number of US suburban coworking (303), with Irvine as the top suburb in the nation, featuring 38 flex spaces. Washington, D.C., and Dallas round up the podium, checking 84 and 66 flex spaces, respectively. Los Angeles, Washington, D.C., Boston, Dallas and San Francisco all have more coworking spaces in their suburbs than their urban centers, highlighting a significant shift in coworking space distribution.
According to CoworkingCafe’s annual Coworking Suburbs Report, the number of coworking spaces in Expand 👇 suburban areas in 2024 saw a 1% increase nationwide compared to the previous year. There are 43 suburbs nationwide that each boast at least 10 coworking spaces. At the metro level, they focused on the ones that have at least three such suburbs, to highlight the top 5.
Other findings include that in 2024, 45% of all US spaces were in suburban areas, totaling over 2,500 suburban spaces vs 3,100 urban ones. Regus led the suburban expansion (with 427 locations) followed by OpusVO and HQ with 79 and 61 spaces, respectively.
Los Angeles metro area takes the crown for the highest number of US suburban coworking (303), with Irvine as the top suburb in the nation, featuring 38 flex spaces. Washington, D.C., and Dallas round up the podium, checking 84 and 66 flex spaces, respectively. Los Angeles, Washington, D.C., Boston, Dallas and San Francisco all have more coworking spaces in their suburbs than their urban centers, highlighting a significant shift in coworking space distribution.
🏡 45% of coworking spaces are in the burbs.
Roughly 45% of the coworking spaces across the country are now in the suburbs, "with 37 areas Expand 👇 across that offer at least 10 coworking locations", according to research by Coworking Café/Yardi, based on their data.
LA tops the list with 361 suburban locations, with Washington DC following in second with 160 coworking spaces.
Roughly 45% of the coworking spaces across the country are now in the suburbs, "with 37 areas Expand 👇 across that offer at least 10 coworking locations", according to research by Coworking Café/Yardi, based on their data.
LA tops the list with 361 suburban locations, with Washington DC following in second with 160 coworking spaces.
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