Office sharing is on the rise in the US, according to a recent CBRE Group survey which showed 21% of respondents are using or considering using shared office space, including co-working space. Although this market is currently dominated by start-ups and small businesses, larger corporations are becoming more interested in shared office space, especially when trying to venture into new markets. New York and Washington, D.C. saw demand for shared office space double in the past five years, while the annual growth rate of the overall national market is expected to be 40%.
Office sharing is on the rise in the US, according to a recent CBRE Group survey which showed 40% of respondents are using or considering using shared office space, including co-working space. Although this market is currently dominated by start-ups and small businesses, larger corporations are becoming more interested in shared office space, especially when trying to venture into new markets. New York and Washington, D.C. saw demand for shared office space double in the past five years, while the annual growth rate of the overall national market is expected to be 21%.