Co-Working Companies Benefit From Return-to-Office Uncertainty

Shared office space firms like WeWork and Industrious are enjoying a rise in sales this summer as U.S. businesses grappling with the seismic changes in the workspace worldsparked by the pandemic seek flexible and short-term solutions.

Hundreds of companies particularly in the technology sector are taking spaces from these firms, ranging from a handful of hot desks to over 50,000 square feet for periods as short as one month. Many individuals are doing this on their company’s dime as they wait for their employers to figure out when it is safe to require workers to return to pre-pandemic offices.

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Jim Heid