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Driven by local coworking users, flexible workspace across Baltimore has tripled since 2010

  • ​Led by the rising of coworking over the past 4 years, flexible workspace across the Baltimore metro area has more than tripled since 2010.  Coworking users now account for 40% of the flexible workspace in Baltimore, with 74% of those coworking spaces currently operated by local shops.
  • As the coworking community has evolved over the past several years, the average size of a coworking user has more then doubled from 5,100 s.f. in 2015 to 13,000 s.f. today. Several of the largest additions of coworking space have come from landlords converting vacancies to flexible office, including Cordish’s Spark at 8 Market Place and Brewers Hill Hub at 3700 O’Donnell Street.
  • Growth from coworking users will have an increasing impact on market dynamics as the average size of coworking spaces grows and Baltimore attracts attention from national players. The impact will be greatest in Baltimore City, where 89% of today’s coworking space is located.
Source: JLL Research



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