The volume of office space in Chicago has doubled over the last four years , according to new figures from property firm Colliers International . A new report from the company showed that the sector has grown from occupying just 500 sq ft at the start of 2014 to nearly 2.6 million sq ft across 99 locations . Chicago’s co-working market has tripled in the last four years, adding some 1.8 million square feet of shared office space Downtown and on the Near North Side. The development has brought consolidation of providers , with the share operated by Regus falling from 54 % to just 15 % over the period , whilst industry leader WeWork will hold 23 % of the market by year end , spread across eight locations .
The volume of office space in Chicago has doubled over the last four years , according to new figures from property firm Colliers International . A new report from the company showed that the sector has grown from occupying just 500 sq ft at the start of 2014 to nearly 2.6 million sq ft across 99 locations . The development has brought consolidation of providers , with the share operated by Regus falling from 54 % to just 15 % over the period , whilst industry leader WeWork will hold 23 % of the market by year end , spread across eight locations .