CommercialEdge – National Office Report, Mar 2025

The main topic of the report concerns the development and expansion of flexible office space offerings, such as coworking spaces, in the United States.

Key findings include the continued growth of coworking spaces, providing an alternative to traditional office and remote work models. The number of coworking spaces increased by 25% year-over-year, reaching 7,814 locations by February 2025. Coworking space grew by 15.2% over the year, totaling 140.1 million square feet. Regional differences in coworking growth were observed, with the Southeast leading in the number of locations and space. The average size of coworking locations decreased, especially in the Northeast, with expectations of further reductions in the future.