A Regus studyshows a shift in jobs and capital moving out of city centers intosuburban areas (credit: Austin Distel).
DALLAS—The increasing migration of flexible office space andco-working locations to areas outside of major metropolitan citiesglobally is creating a flex economy that could contribute more than$127 billion to US local communities in the next decade, accordingto the first comprehensive socio-economic study of suburbanworkspaces from Regus. This global migration could contribute morethan $254 billion to economies around the world during that sametime period.
"This study reveals a shift in jobs and capital growth movingoutside of city centers, where it has been focused for the last fewdecades, into suburban locations," said Steve Lucas, report author."This can benefit businesses and people, from improvingproductivity and innovation, to reducing commuting time, whichleads to improved health and well-being."
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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.
