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WeWork who? 8 Multi-location coworking spaces brokers should know

Jul 27, 2017

nastuh-abootalebi-284882.jpgWeWork might be the poster child of the coworking movement, but it’s not the only option getting the attention of burgeoning entrepreneurs and established businesses alike.

Since WeWork opened the doors of its first NYC location in 2010, thousands of coworking operators have set out in search of similar success. Deskmag estimates there are 14,000 coworking spaces operating worldwide, with over 1.2 million people having worked in one of the spaces at some time.

Despite the sleek decor and cushy perks like free beer and coffee, WeWork isn’t for anyone. Luckily, entrepreneurs now have thousands of coworking spaces to choose from—from serious and corporate to whimsical and fun, with everything in between.

With millions of businesses getting their start in coworking spaces, brokers need to keep their eye on the trend. Not only are coworking spaces a valuable reference for clients who aren’t yet ready for their own lease, smart brokers are leveraging coworking spaces as prospecting pools from which to source new clients in the midst of growing pains. 

The following coworking spaces are worth keeping an eye on as they expand their presence across the U.S. and beyond.

1. Industrious

Companies with up to 150 employees can secure private space in any of Industrious’ 26 locations across the U.S.

What makes it unique? Industrious is like WeWork’s mature older brother. Rather than catering to the typical startup “bro-grammer,” Industrious aims to be accommodating and inclusive to everyone. They focus on hospitality and make it easy for members to get work done by taking care of the little stuff like daily breakfast and office supplies.

2. Workbar

A coworking space that blends “The professionalism of a corporate office, the flexibility of a gym, and the comfort of a cafe” with 7 locations across Massachusetts:  Boston, Cambridge, Somerville, and Arlington.

What makes it unique? Workbar isn’t just for startups. Large companies are leveraging Workbar’s flexible, community-centric environment as well. Notable member companies include Upworthy, Constant Contact and Postmates.

3. Galvanize

Truly a one-stop shop for entrepreneurs, Galvanize provides access to training, talent, coworking, investors, mentorship and much more. The first location opened in Denver and now has 8 coworking locations across the U.S.

What makes it unique? Galvanize raised a $45 million Series B which it plans to invest in its programming and data science schools.

4. Impact Hub

With 86 locations around the world and 21 in the works, Impact Hub has reached a huge audience with its message of inclusivity and positivity.

What makes it unique? Though Impact Hub is not a franchise per se, those who wish to bring an Impact Hub to their city can partner with the global HQ to found a location, so long as they have at least 3 cofounders willing to commit to a seriously time and resource intensive endeavor.

5. Knotel

Knotel, which paints itself as a “Headquarters as a Service” provider, boasts 22 locations across Manhattan and Brooklyn.

What makes it unique? Knotel takes coworking a step further by providing turnkey real estate solutions for larger clients who are ready to graduate from coworking. When clients need their own space, Knotel will take over a floor or a building and manage the buildout so clients can focus on their business.

7. GreenDesk

GreenDesk puts an eco-friendly twist on the traditional coworking model with 9 sustainable workspace locations across Brooklyn.

What makes it unique? GreenDesk was founded and eventually sold by Adam Neumann and Miguel McKelvey who went on to found WeWork. GreenDesk embraces many of WeWork’s signature features, but with a focus on sustainability.

8. NextSpace

The coworking veteran has been around since 2008 when it opened its first location in Santa Cruz, CA. NextSpace now has 7 locations across California and one in Chicago with plans to continue growing.

What makes it unique? While most coworking spaces make an effort to build a community in the cities they inhabit, NextSpace truly made this happen when entrepreneurs flocked to the original location in the wake of the 2008 financial crisis to reconnect and rebuild.

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Topics: Industry News

Nell Gable

Written by Nell Gable

Nell Gable is a freelance writer who specializes in creating compelling content for CRE companies and startups.

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