MIAMI—How is coworking impacting the commercial real estate industry? Big coworking brands like NextSpace and WeWork are seeing a rapid rise thanks to venture capital, but is this really a seachange in the office space industry?
We asked David Behin, CEO and co-founder CityFunders, for his take on the question. He is also a partner and president of investment sales and advisory division at MNS Realty.
“Coworking spaces like WeWork and CoWork.rs are having a tremendous impact on the commercial real estate industry,” Behin tells GlobeSt.com. “It is essentially the minimization of an individual space paired with a sharing of common space.”
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