{"id":21813,"date":"2023-03-06T15:09:41","date_gmt":"2023-03-06T15:09:41","guid":{"rendered":"https:\/\/www.anthonydidonato.net\/wordpress\/?p=21813"},"modified":"2023-03-06T15:09:41","modified_gmt":"2023-03-06T15:09:41","slug":"co-working-spaces-surge-amid-return-to-office-uncertainty","status":"publish","type":"post","link":"https:\/\/www.anthonydidonato.net\/wordpress\/co-working-spaces-surge-amid-return-to-office-uncertainty\/","title":{"rendered":"Co-Working Spaces Surge Amid Return-to-Office Uncertainty"},"content":{"rendered":"\n<p>Co-working spaces continue to have a big moment in the commercial sector as more businesses are drawn to flexible and short-term solutions amid COVID-19 and its latest fast-spreading delta variant.<\/p>\n\n\n\n<p>Technology companies are reportedly one of the major industries that are snatching up co-working spaces, such as WeWork, <em>The Wall Street Journal<\/em> reports. Their rental contracts may be for \u201chot desks\u201d&nbsp;or for more than 50,000 square feet leases that span just a month.<\/p>\n\n\n\n<p>Some companies are turning to such short-term solutions while they make decisions on return to work policies in the pandemic. Many companies had originally planned for this fall, but a surge in COVID-19 cases may put that timeline in jeopardy.<\/p>\n\n\n\n<p>\u201cIn a time of uncertainty we provide flexibility to corporations and small businesses trying to figure out what their employees want,\u201d Melinda Holland, WeWork\u2019s head of sales for the U.S. and Canada, told <em>The Wall Street Journal<\/em>.<\/p>\n\n\n\n<p>WeWork, a giant in this space, has seen business quickly climbing in the pandemic. It generated $215 million in revenue in July, one of the strongest desk sales months on record. Industrious, another shared space firm, also reported some of its strongest sales in the company&#8217;s nine-year history last month.<\/p>\n\n\n\n<p>\u201cInquiries are off the charts with very short lead times,\u201d Debra Larsen, chief executive and founder of WorkHouse, which rents out desks in New York. \u201cCompanies are solving for September.\u201d<\/p>\n\n\n\n<p>Companies are using flexible spaces to give employees who are working from home another option for work. Some firms are using these spaces as a substitute for their pre-pandemic headquarters that may congregate a higher number of people. Or they\u2019re using it as a way to recruit more employees\u2014without relocating them\u2014by offering them workspaces all across the country.<\/p>\n\n\n\n<p>While co-working spaces take off, leasing activity in the office market has been recovering much more slowly. Office vacancy has climbed to 18.5% in the second quarter, which is nearing a 19.7% record that was reached in 1991, according to Moody\u2019s Analytics.<\/p>\n\n\n\n<p>&#8220;Companies are still in that discovery phase that work is going to be done differently,&#8221; Julie Whelan, global head of occupier research at CBRE Group, told <em>The Wall Street Journal<\/em>. &#8220;The beauty of these [co-working] providers is that if something doesn&#8217;t work they can bail and try something new.&#8221;<\/p>\n\n\n<div class=\"wp-block-image\">\n<figure class=\"aligncenter size-full\"><a href=\"https:\/\/www.anthonydidonato.net\/wordpress\/wp-content\/uploads\/2023\/03\/office-g040034ea9_640.jpg\"><img loading=\"lazy\" decoding=\"async\" width=\"640\" height=\"427\" src=\"https:\/\/www.anthonydidonato.net\/wordpress\/wp-content\/uploads\/2023\/03\/office-g040034ea9_640.jpg\" alt=\"\" class=\"wp-image-21814\" srcset=\"https:\/\/www.anthonydidonato.net\/wordpress\/wp-content\/uploads\/2023\/03\/office-g040034ea9_640.jpg 640w, https:\/\/www.anthonydidonato.net\/wordpress\/wp-content\/uploads\/2023\/03\/office-g040034ea9_640-300x200.jpg 300w\" sizes=\"auto, (max-width: 640px) 100vw, 640px\" \/><\/a><figcaption class=\"wp-element-caption\">Image by <a href=\"https:\/\/pixabay.com\/users\/12019-12019\/?utm_source=link-attribution&amp;utm_medium=referral&amp;utm_campaign=image&amp;utm_content=95311\">David Mark<\/a> from <a href=\"https:\/\/pixabay.com\/\/?utm_source=link-attribution&amp;utm_medium=referral&amp;utm_campaign=image&amp;utm_content=95311\">Pixabay<\/a><\/figcaption><\/figure>\n<\/div>\n\n\n<p>\u00a9National Association of REALTORS\u00ae<br \/>Reprinted with permission<\/p>\n","protected":false},"excerpt":{"rendered":"<p>Co-working spaces continue to have a big moment in the commercial sector as more businesses are drawn to flexible and short-term solutions amid COVID-19 and its latest fast-spreading delta variant. Technology companies are reportedly one of the major industries that are snatching up co-working spaces, such as WeWork, The Wall Street Journal reports. Their rental &hellip; <\/p>\n<p><a class=\"more-link btn\" href=\"https:\/\/www.anthonydidonato.net\/wordpress\/co-working-spaces-surge-amid-return-to-office-uncertainty\/\">Continue reading<\/a><\/p>\n","protected":false},"author":1,"featured_media":0,"comment_status":"closed","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[16,8],"tags":[5,32,4,9],"class_list":["post-21813","post","type-post","status-publish","format-standard","hentry","category-news","category-real-estate-tips","tag-anthony-didonato","tag-news","tag-real-estate","tag-tips","item-wrap"],"yoast_head":"<!-- This site is optimized with the Yoast SEO plugin v27.5 - https:\/\/yoast.com\/product\/yoast-seo-wordpress\/ -->\n<title>Co-Working Spaces Surge Amid Return-to-Office Uncertainty - Real Estate Agent and Sales in PA - Anthony DiDonato Broomall, Media, Delaware County and surrounding areas in Pennsylvania<\/title>\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<link rel=\"canonical\" href=\"https:\/\/www.anthonydidonato.net\/wordpress\/co-working-spaces-surge-amid-return-to-office-uncertainty\/\" \/>\n<meta name=\"twitter:label1\" content=\"Written by\" \/>\n\t<meta name=\"twitter:data1\" content=\"admin\" \/>\n\t<meta name=\"twitter:label2\" content=\"Est. reading time\" \/>\n\t<meta name=\"twitter:data2\" content=\"2 minutes\" \/>\n<script type=\"application\/ld+json\" class=\"yoast-schema-graph\">{\"@context\":\"https:\\\/\\\/schema.org\",\"@graph\":[{\"@type\":\"Article\",\"@id\":\"https:\\\/\\\/www.anthonydidonato.net\\\/wordpress\\\/co-working-spaces-surge-amid-return-to-office-uncertainty\\\/#article\",\"isPartOf\":{\"@id\":\"https:\\\/\\\/www.anthonydidonato.net\\\/wordpress\\\/co-working-spaces-surge-amid-return-to-office-uncertainty\\\/\"},\"author\":{\"name\":\"admin\",\"@id\":\"http:\\\/\\\/www.anthonydidonato.net\\\/wordpress\\\/#\\\/schema\\\/person\\\/964792b6994e8cc4cbddc36ad4824908\"},\"headline\":\"Co-Working Spaces Surge Amid Return-to-Office Uncertainty\",\"datePublished\":\"2023-03-06T15:09:41+00:00\",\"mainEntityOfPage\":{\"@id\":\"https:\\\/\\\/www.anthonydidonato.net\\\/wordpress\\\/co-working-spaces-surge-amid-return-to-office-uncertainty\\\/\"},\"wordCount\":403,\"publisher\":{\"@id\":\"http:\\\/\\\/www.anthonydidonato.net\\\/wordpress\\\/#\\\/schema\\\/person\\\/964792b6994e8cc4cbddc36ad4824908\"},\"image\":{\"@id\":\"https:\\\/\\\/www.anthonydidonato.net\\\/wordpress\\\/co-working-spaces-surge-amid-return-to-office-uncertainty\\\/#primaryimage\"},\"thumbnailUrl\":\"https:\\\/\\\/www.anthonydidonato.net\\\/wordpress\\\/wp-content\\\/uploads\\\/2023\\\/03\\\/office-g040034ea9_640.jpg\",\"keywords\":[\"Anthony DiDonato\",\"News\",\"Real Estate\",\"tips\"],\"articleSection\":[\"News\",\"Real Estate Tips\"],\"inLanguage\":\"en-US\"},{\"@type\":\"WebPage\",\"@id\":\"https:\\\/\\\/www.anthonydidonato.net\\\/wordpress\\\/co-working-spaces-surge-amid-return-to-office-uncertainty\\\/\",\"url\":\"https:\\\/\\\/www.anthonydidonato.net\\\/wordpress\\\/co-working-spaces-surge-amid-return-to-office-uncertainty\\\/\",\"name\":\"Co-Working Spaces Surge Amid Return-to-Office Uncertainty - 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Skilled, smart and enthusiastic about his work and his life, Anthony DiDonato has the appealing combination of business sense and people skills gives him an edge in an industry that demands both. Educated at Drexel University with a dual major in accounting and finance and minors in management and psychology Anthony DiDonato offers over 25 years of experience in the real estate industry. He has been a real estate investor since 1985 and a member of H.A.P.C.O. (Landlord Association). He became a licensed Realtor in 1992 and a member of the Local, Pennsylvania and National Associations of Realtors. Anthony DiDonato is also a member of the Computerized Multiple Listings, (MLS) and Internet Marketing Programs. In 1997 Anthony DiDonato became Century 21 All-Elite, Inc. Corporate Secretary. Anthony DiDonato believes in taking his profession to the highest level of quality service. He is known for finding that \u201cperfect\u201d property in Philadelphia, Delaware County, Chester County, Montgomery County and surrounding areas in Pennsylvania for his buyers and helping his sellers prepare their properties so they sell quickly and efficiently. When it comes time to negotiate the terms of a contract, Anthony DiDonato has the knowledge, experience, and professionalism applied to meeting \u2013 or exceeding \u2013 his clients\u2019 expectations. His service to his clients is second to none. His honesty and integrity have been his claim to fame. For Superior Real Estate Representation in the Delaware Valley, Philadelphia, Delaware County, Chester County, Montgomery County and surrounding areas in Pennsylvania\u2026 call Anthony DiDonato.\",\"sameAs\":[\"http:\\\/\\\/www.anthonydidonato.net\"],\"url\":\"https:\\\/\\\/www.anthonydidonato.net\\\/wordpress\\\/author\\\/admin\\\/\"}]}<\/script>\n<!-- \/ Yoast SEO plugin. -->","yoast_head_json":{"title":"Co-Working Spaces Surge Amid Return-to-Office Uncertainty - Real Estate Agent and Sales in PA - Anthony DiDonato Broomall, Media, Delaware County and surrounding areas in Pennsylvania","robots":{"index":"index","follow":"follow","max-snippet":"max-snippet:-1","max-image-preview":"max-image-preview:large","max-video-preview":"max-video-preview:-1"},"canonical":"https:\/\/www.anthonydidonato.net\/wordpress\/co-working-spaces-surge-amid-return-to-office-uncertainty\/","twitter_misc":{"Written by":"admin","Est. reading time":"2 minutes"},"schema":{"@context":"https:\/\/schema.org","@graph":[{"@type":"Article","@id":"https:\/\/www.anthonydidonato.net\/wordpress\/co-working-spaces-surge-amid-return-to-office-uncertainty\/#article","isPartOf":{"@id":"https:\/\/www.anthonydidonato.net\/wordpress\/co-working-spaces-surge-amid-return-to-office-uncertainty\/"},"author":{"name":"admin","@id":"http:\/\/www.anthonydidonato.net\/wordpress\/#\/schema\/person\/964792b6994e8cc4cbddc36ad4824908"},"headline":"Co-Working Spaces Surge Amid Return-to-Office Uncertainty","datePublished":"2023-03-06T15:09:41+00:00","mainEntityOfPage":{"@id":"https:\/\/www.anthonydidonato.net\/wordpress\/co-working-spaces-surge-amid-return-to-office-uncertainty\/"},"wordCount":403,"publisher":{"@id":"http:\/\/www.anthonydidonato.net\/wordpress\/#\/schema\/person\/964792b6994e8cc4cbddc36ad4824908"},"image":{"@id":"https:\/\/www.anthonydidonato.net\/wordpress\/co-working-spaces-surge-amid-return-to-office-uncertainty\/#primaryimage"},"thumbnailUrl":"https:\/\/www.anthonydidonato.net\/wordpress\/wp-content\/uploads\/2023\/03\/office-g040034ea9_640.jpg","keywords":["Anthony DiDonato","News","Real Estate","tips"],"articleSection":["News","Real Estate Tips"],"inLanguage":"en-US"},{"@type":"WebPage","@id":"https:\/\/www.anthonydidonato.net\/wordpress\/co-working-spaces-surge-amid-return-to-office-uncertainty\/","url":"https:\/\/www.anthonydidonato.net\/wordpress\/co-working-spaces-surge-amid-return-to-office-uncertainty\/","name":"Co-Working Spaces Surge Amid Return-to-Office Uncertainty - 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Skilled, smart and enthusiastic about his work and his life, Anthony DiDonato has the appealing combination of business sense and people skills gives him an edge in an industry that demands both. Educated at Drexel University with a dual major in accounting and finance and minors in management and psychology Anthony DiDonato offers over 25 years of experience in the real estate industry. He has been a real estate investor since 1985 and a member of H.A.P.C.O. (Landlord Association). He became a licensed Realtor in 1992 and a member of the Local, Pennsylvania and National Associations of Realtors. Anthony DiDonato is also a member of the Computerized Multiple Listings, (MLS) and Internet Marketing Programs. In 1997 Anthony DiDonato became Century 21 All-Elite, Inc. Corporate Secretary. Anthony DiDonato believes in taking his profession to the highest level of quality service. He is known for finding that \u201cperfect\u201d property in Philadelphia, Delaware County, Chester County, Montgomery County and surrounding areas in Pennsylvania for his buyers and helping his sellers prepare their properties so they sell quickly and efficiently. When it comes time to negotiate the terms of a contract, Anthony DiDonato has the knowledge, experience, and professionalism applied to meeting \u2013 or exceeding \u2013 his clients\u2019 expectations. His service to his clients is second to none. His honesty and integrity have been his claim to fame. 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