CHICAGO—In the past dozen or so years, shared office spaces have started spreading throughout the CBDs of many US cities. The greater flexibility desired by companies and workers has increased the sector’s popularity, but after several years in business, more shared office providers are realizing its time to bring in changes.

Ron Bockstahler, chief executive officer of Amata Office Solutions, which operates six shared office centers in downtown Chicago, tells GlobeSt.com that just as every McDonald’s gets an update every few years, shared office spaces need periodic refreshing. The hospitality industry in particular has generated “statistics that show if you don’t update every several years you will go into decline.”

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