Still, many have used co-working to fill vacancies in their buildings. The use of noncompete agreements are limiting options for co-workspace operators in Chicago. An analysis of Class A offices in downtown Chicago by Cushman & Wakefield found that 45 out of 86 properties have co-working tenants with a noncompete clause with their landlord or that are occupying a space large enough to exclude other co-working firms. In the case of the new office space, which is being built on an empty lot at 5300 W. Madison St., it will be used as a “shared work space” and not just a place
The use of noncompete agreements are limiting options for co-workspace operators in Chicago. An analysis of Class A offices in downtown Chicago by Cushman & Wakefield found that 45 out of 86 properties have co-working tenants with a noncompete clause with their landlord or that are occupying a space large enough to exclude other co-working firms. In the case of the new office space, which is being built on an empty lot at 5300 W. Madison St., it will be used as a “shared work space” and not just a place