Coworking Space NJ

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Coworking Trends
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• Coworking has a major impact on how the
  commercial real estate industry performs.
  Coworking operators have delivered a large amount
  of positive net absorption in major metropolitan
  markets.
• Coworking has also encouraged traditional
  landlords to provide upgrades and increased
  amenities.
• Landlords have been investing heavily not only
  in the structure of the building but also in
  their communal spaces.
• Coworking Spaces Will Expand
• Years ago, coworking spaces typically did not
  exceed 20,000 square feet. In todays market, it
  is not rare to see coworking spaces lease over
  100,000 square feet, targeting corporations and
  long-standing businesses..

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• Many large enterprise users like Verizon, Toyota,
  and IBM have realized the benefits of coworking
  space, proving that outsourced, temporary leasing
  structures are appealing to companies of all
  sizes, from corporate users to startups and
  entrepreneurs
• Increased Focus on Niches
• Coworking operators are focusing on niches and
  finding exponential growth and higher profit
  margins. By focusing on specific niches,
  coworking facilities are able to create a
  community of people that support each other and
  develop a shared economy.
• This type of specialization can deliver more
  access to expertise, industry-specific knowledge,
  and a community of people with similar interests.

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• Big Corporations are Utilizing Coworking Spaces
• Large corporate companies like KPMG, Microsoft,
  and Toyota are starting to test out using
  coworking. Some are even looking at funding new
  co-working ventures.
• For certain big corporations, entire teams are
  shifting into coworking offices allowing them
  better access to education, innovation, and
  talent with lower initial real estate costs and
  greater flexibility.
• Coworking has a Global Reach
• Coworking spaces are located in almost every
  major market in the world. The largest coworking
  company, IWG, was founded in Belgium but now has
  a large footprint in the United States. Many
  other coworking operators have entered markets
  across the globe, turning this trend into a norm
  for countries around the world.

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• Why Coworking Will Remain Popular
• As work styles change and new generations enter
  the workforce, coworking will remain a viable
  option.
• Millennials want to work how they want and when
  they want, which is something coworking spaces
  can offer.
• With technology allowing professionals to be more
  mobile than ever, traditional office space does
  not offer the right environment for certain
  professionals and businesses to be the most
  productive and efficient.
• Landlords have even started to partner with
  coworking operators to include entire floors to
  attract and retain new tenants.

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Contact UsCoworking Space NJ
Phone No 201-210-8255    Email
hello_at_worksocial.works Address 111 Town
Square Place  Jersey City, NJ, 07310