WeWork WeWork in South LakeUnion is part of the 1 million square feet of coworking spacelocated in Seattle.

SEATTLE—Despite coworking inventory growth, coworking still accounts foronly 1%—47.8 million square feet—of the total 5 billion square feetof office inventory across the 87 markets tracked by Cushman &Wakefield. The firm's coworking and flexible office space reportexamines coworking and flexible-office trends, and the implication forthe commercial real estate industry and its participants.

“Based on current near-term projections, coworking space couldeasily triple from its current share in gateway markets over thenext decade,” said Revathi Greenwood, Cushman & Wakefield headof Americas Research and the report's lead author. “Total inventorycould increase to over 5% of office space in many urban markets andas high as 10% in some markets.”

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Lisa Brown

Lisa Brown is an editor for the south and west regions of GlobeSt.com. She has 25-plus years of real estate experience, with a regional PR role at Grubb & Ellis and a national communications position at MMI. Brown also spent 10 years as executive director at NAIOP San Francisco Bay Area chapter, where she led the organization to achieving its first national award honors and recognition on Capitol Hill. She has written extensively on commercial real estate topics and edited numerous pieces on the subject.