What’s next for the co-working business?

WeWork’s implosion could be the hard reset needed for L.A.’s co-working industry. “We didn’t really estimate the magnitude of what that fallout meant for Industrious and throughout the industry,” said Katherine Lau, senior director of real estate for flexible space firm Industrious. “What we see is a normalization of the growth rate of co-working. In many ways, WeWork propped up the real estate markets, drove up rents and drove down vacancy. We’ll see what the

source https://therealdeal.com/2019/11/21/whats-next-for-the-co-working-business/