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Photo of Diane Vrkic “The impact of shared workspaces goes beyond the corporate work environment,” writes Vrkic.

SAN FRANCISCO—In 2017, North American offices average 151 square feet per worker, down from 225 square feet in 2010, according to real estate data provider CoreNet Global. Why the shift? Companies, which have historically been constrained by space limitations, are moving toward proactively reducing their footprint, while capitalizing on the benefits of shared office space such as increased flexibility for employees and more collaborative work environments.

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