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Shared Workspace Future

Over the past two years, the future of shared workspaces seemed dark and at a dead end. With demand for coworking space at an all-time low and with COVID-19 creating a transition to remote working, it felt like major companies like WeWork were quickly losing relevance. However, recent events prove that the shared workspace industry is still alive, and has so much potential for innovation and growth.

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Recently valued at over $47 billion, WeWork made it their mission to be a major asset to the commercial real estate industry. Boasting over 45 million square feet of office space, WeWork set out to create access to diverse workspaces for many small businesses itching to save operating costs. However, the company is facing serious monetary concerns …

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