Co-Working - An Ever-Evolving Trend

The co-working office space model has established itself over the past decade throughout most of the world. Canada’s major cities have a thriving co-working market, as do many smaller communities with some real estate industry experts estimating 20% of all leased space to be accounted for in the next decade by giants like WeWork and Spaces.

With global co-working spaces projected to increase to 30,430 locations by 2022 with an expected 5.1 million members, tenants can use the support of a savvy real estate professional to help identify the costs and benefits of co-working space vsleased space based on individual company needs.

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