Last Updated: February 2024
The coworking office space industry has experienced a remarkable transformation, which has reshaped the traditional office landscape. As a result, coworking spaces have seen great demand by professionals seeking flexibility, networking opportunities, and innovative work environments. In the United States, this trend is epitomized by the rise of major coworking companies, each offering unique spaces and services to meet the evolving demands of the modern workforce.
Top 5 Coworking Companies in the United States
Below we delve into the profiles of these top companies, exploring their history, services, and the role they play in shaping the coworking industry in the United States. These industry leaders are ranked based on factors such as number of properties, revenue, among other things.
1. WeWork
WeWork Key Statistics:
- Services Offered: Hot desks, dedicated desks, private offices, custom build-outs, event spaces, and meeting rooms.
- Number of Locations: Over 256 locations in the U.S.
- Geographical Areas: Major U.S. cities, with a strong presence in New York, and a significant global footprint.
WeWork has revolutionized the concept of shared workspaces, combining modern aesthetics with a community-centric approach. Known for its rapid expansion, WeWork caters to freelancers, startups, and even large corporations with its versatile rental office space solutions. Its spaces are designed to foster collaboration and creativity, making it a popular choice for a dynamic workforce. WeWork’s global presence and strong brand identity have made it a leading name in the coworking industry.
2. Regus
Regus Key Statistics:
- Services Offered: Private offices, coworking spaces, virtual offices, meeting rooms.
- Number of Locations: Part of a network with over 3,000 locations worldwide.
- Geographical Areas: Wide coverage across the United States and globally.
As part of IWG plc, Regus is a pioneer in the coworking space, known for its extensive global network. Offering a professional environment, Regus serves a wide range of clients from freelancers to large businesses. Its flexible office solutions and worldwide reach make it a preferred choice for many. Regus emphasizes convenience and practicality in its service offerings.
3. Industrious Office
Industrious Office Key Statistics:
- Services Offered: Private offices, coworking spaces, virtual offices, meeting and event spaces.
- Number of Locations: Approximately 135 locations in the U.S.
- Geographical Areas: Primarily in major U.S. cities, especially on the East Coast.
Industrious Office stands out for its high-end, service-oriented coworking spaces. With a focus on creating elegant and inspiring work environments, it appeals to professionals seeking luxury and comfort. Industrious has rapidly expanded across major U.S. cities, establishing a reputation for quality and excellence in coworking solutions. It combines hospitality with productivity, offering a unique workplace experience.
4. Spaces
Spaces Key Statistics:
- Services Offered: Office space, coworking desks, meeting rooms, and virtual offices.
- Number of Locations: 177 locations in the U.S.
- Geographical Areas: Strong presence in California and Texas, with locations in various U.S. cities and a global reach.
Spaces, another brand under IWG plc, is known for its creative and flexible working environments. It focuses on providing inspiring spaces that cater to the needs of modern professionals and entrepreneurs. With a strong emphasis on design and community, Spaces has become a popular choice for those seeking a vibrant and dynamic workspace. Its rapid growth is a testament to its appeal in the coworking sector.
5. Premier Workspaces
Premier Workspaces Key Statistics:
- Services Offered: Private and shared office spaces, virtual offices, meeting rooms.
- Number of Locations: 87 locations across the U.S.
- Geographical Areas: Concentrated in Southern California, with locations in other parts of the U.S. including the East Coast and Midwest
Premier Workspaces, previously known as Premier Business Centers, offers a wide range of flexible office solutions. With a focus on the U.S. market, it has established a strong presence, particularly in Southern California. Premier Workspaces is known for its ability to reposition and manage coworking spaces effectively, catering to a diverse clientele. It emphasizes convenience and affordability in its service offerings.
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Largest Coworking Companies FAQ
Who are the Top 10 Coworking Companies in the United States?
The student coworking market in the United States has become increasingly competitive, with various companies catering specifically to the needs of students. These spaces provide not just a place to work, but also foster a sense of community and collaboration among students.
Top 10 Coworking Companies in the U.S.:
- WeWork
- Regus
- Industrious
- Spaces
- Premier Workspaces
- Knotel
- Convene
- Techspace
- Serendipity Labs
- Expansive
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What are Top Publicly Traded Coworking Rental Companies?
As the coworking space industry grows, several companies have gone public, offering investors an opportunity to be a part of this expanding market. These publicly traded real estate companies vary in size and scope, each presenting a unique investment profile. Here are five notable publicly traded coworking companies, including their stock tickers.
How Do The 5 Largest Coworking Companies Differentiate Themselves?
The largest coworking rental property companies differentiate themselves through various strategies including unique branding, diverse service offerings, and targeting specific market segments. Below is a table highlighting their differentiating factors.
| Company | Differentiating Factors |
| WeWork | Focus on community building, modern design, and global presence |
| Regus | Extensive global network, professional atmosphere, diverse client base |
| Industrious | Luxury interiors, high-end service, focus on corporate clients |
| Spaces | Creative and flexible design, community events, entrepreneurial focus |
| Premier Workspaces | Affordable options, strong U.S. presence, focus on convenience |
What are Current Trends Influencing Coworking Rental Companies?
The coworking sector is currently influenced by several key trends. Firstly, the increase in remote work and the gig economy is driving demand for flexible workspace solutions. Secondly, there’s a growing emphasis on creating community-driven spaces that foster networking and collaboration among professionals. Thirdly, coworking spaces are increasingly incorporating technology to enhance the user experience and operational efficiency. Lastly, there’s a trend towards niche coworking spaces, catering to specific industries or demographic groups, which allows companies to offer tailored services and amenities to their members. These trends are shaping the strategies of major coworking companies and contributing to their growth.
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About the Author
Ryan Nelson
I’m an investor, real estate developer, and property manager with hands-on experience in all types of real estate from single family homes up to hundreds of thousands of square feet of commercial real estate. RentalRealEstate is my mission to create the ultimate real estate investor platform for expert resources, reviews and tools. Learn more about my story.