NEW YORK CITY – What is known as the WeWork phenomenon, where companies have essentially adopted flex space and layered on amenity offerings, has become far-reaching, beyond start-ups to corporate America, Michael Beckerman, CEO of CREtech, a global real estate tech-focused media, event and advisory platform, tells GlobeSt.com.

Co-working companies have served as a model for corporate firms, who desire to offer flex office space to their workforce that spans different cities and countries, according to Beckerman. "The WeWork phenomenon has brought so much attention to co-working and gave corporate America comfort tools to adopt flex-space," he said.

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Mariah Brown

Mariah Brown is the New York Bureau Chief and Real Estate Reporter for GlobeSt.com, covering the New York Metro area, Northeast region and national real estate trends. She is responsible for producing multi-media content, including articles, podcasts and video. Before joining the GlobeSt team, she served as a New York Times fellow, reported for the Associated Press in New York and Philadelphia and several other New York City-based outlets.