Forecast of office rent growth in the U.S. 2015-2016

Forecast of office rent growth in the United States from 2nd quarter 2015 to 4th quarter 2016

by Statista Research Department, last edited May 31, 2015
Forecast of office rent growth in the U.S. 2015-2016 This statistic presents a forecast of office rent growth in the United States from second quarter of 2015 to fourth quarter of 2016. It was expected that office rent would grow by one percent in the fourth quarter of 2016 in the United States.
Coworking worldwide – additional information

Coworking is an alternative to the traditional office space, wherein independent workers, such as freelancers and remote workers, share a working environment. It allows for collaboration and community amongst independent workers, which can be missed when working alone from home or a coffee shop. "Coworkers" pay a daily or monthly rate for access to the space and its amenities, such as free drinks, WiFi, conference rooms, computers etc. Most coworking spaces are open plan, but some have individual or team offices also.

There is an upward trend in the number of people using coworking spaces. In 2010, 21,000 people worldwide were working this way, which rose to 510,000 in 2015. The U.S. had the highest number of coworking spaces in 2013, followed by Germany and Spain.

The growth in demand has naturally led to an increase in coworking spaces. In 2007, there were 75 coworking spaces worldwide, which rose to 7,800 in 2015. By 2018, it’s estimated that there will be 37,000 coworking spaces in total. Two companies, Impact Hub and WeWork, dominated the serviced office industry in 2015. Impact Hub originated in London and had 77 coworking spaces worldwide. The American WeWork followed closely behind with 76 coworking spaces.
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Forecast of office rent growth in the United States from 2nd quarter 2015 to 4th quarter 2016

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