Coworking & Flexible Office Space

COWORKING

New York City boasts significantly more coworking space than any other market, with approximately 12 msf as of midyear 2018, of which 10.7 msf are in Manhattan.

Coworking Inventory in Gateway Markets

12

3.0%

10

2.5%

8

2.0%

6

1.5%

4

1.0%

2

0.5%

0

0.0%

Manhattan Los

DC Metro

Chicago San

Boston

Angeles

Francisco

Coworking (MSF)

As % of All Inventory (right)

Source: Cushman & Wakefield Research; CoStar Group

CUSHMAN & WAKEFIELD

8