Obsolete or vacant US retail buildings are ripe for converting into co - working locations , according to a report by architects . It said such buildings are generally centrally located , providing flexible retail access to shops and restaurants , while at the same time generating revenues for businesses above the standard retail rate . JLL reported in 2018 co - working firms occupying a total of 75,000 sq ft of vacant Los ##cale retail space .
Obsolete or vacant US retail spaces are ripe for converting into co-working locations, according to a report by JLL. It said such buildings are generally centrally located, offering flexible workers access to shops and restaurants, while at the same time generating revenues for landlords above the standard retail rate. JLL said in 2018 co-working firms leased a total of 75,000 sq ft of vacant Los Angeles retail space.