MARKET DRIVERS

Flex is not just a trend... it's a movement.

Current Flex Situation

  • (2010 – 2020) – Exponential growth: Regus to WeWork and everything in between
  • Operators largely in control of building flex experience and tenant relationships
  • Evolution of tenant expectations around flex accessibility and managed services
  • Advancements in technology have driven mobility, efficiency, and workplace strategy
  • Consumer mindset shift toward on-demand, hospitality-based space-as-a-service
  • Flex Operators adapt to target enterprise accounts vs. freelancers and start-ups
  • The CRE landscape has forever changed, driven by disruptive services and technology

The Future of Flex

  • Owners regain control of their flexible strategy through partnership or self-delivery models
  • Rethink legacy space products with a focus on delivering services and experiences
  • Asset management will require greater emphasis on technology and hospitality-driven solutions
  • Enterprise Occupiers evolve their portfolio strategies to include more flexible and remote solutions
Speak to a Specialist about Defining your Flexible Office Strategy

“The coming transformation will use a portfolio of space solutions: owned space, standard leases, flex space, co-working space, and remote work.”

- MCKINSEY

Flex Stats Global

5,000+

Different Operators

35,000+

Different Spaces

500M SF

Occupied

Largest absorption of any industry across most major office markets

THE "WHY" FOR OWNERS