Thank you for sharing!

Your article was successfully shared with the contacts you provided.

The co-working market in Phoenix is rapidly expanding. While the office niche in Phoenix is still small compared to major West Coast hubs, like Los Angeles and San Francisco, co-working square footage is on track to double this year. Last year, there was 900,000 square feet of co-working space in the market, but expansion from groups like WeWork and Industrious, along with the arrival of new operators into the market, the office niche is growing quickly.

“Twelve months ago, our existing co-working footprint in Phoenix was 9,000 square feet, plus or minus,” Ryan Bartos, EVP at JLL, tells GlobeSt.com. “That was made up of 69 total sites, a bulk of those were Regus, which was essentially the first co-worker. Since that time, Industrious, Cross-Campus, Serendipity Labs and Spaces have entered the market.”

Want to continue reading?
Become a Free ALM Digital Reader.

Once you are an ALM digital member, you’ll receive:

  • Unlimited access to GlobeSt and other free ALM publications
  • Access to 15 years of GlobeSt archives
  • Your choice of GlobeSt digital newsletters and over 70 others from popular sister publications
  • 3 free articles* across the ALM subscription network every 30 days
  • Exclusive discounts on ALM events and publications

*May exclude premium content
Already have an account?

Kelsi Maree Borland

Kelsi Maree Borland is a freelance writer and editor living in Los Angeles whose work has appeared in such publications as Travel + Leisure, Angeleno and Los Angeles Magazine.

More from this author


Join GlobeSt

Don't miss crucial news and insights you need to make informed commercial real estate decisions. Join GlobeSt.com now!

  • Free unlimited access to GlobeSt.com's trusted and independent team of experts who provide commercial real estate owners, investors, developers, brokers and finance professionals with comprehensive coverage, analysis and best practices necessary to innovate and build business.
  • Exclusive discounts on ALM and GlobeSt events.
  • Access to other award-winning ALM websites including ThinkAdvisor.com and Law.com.

Already have an account? Sign In Now
Join GlobeSt

Copyright © 2020 ALM Media Properties, LLC. All Rights Reserved.