Los Angeles

Co-working is a major driver of office leasing activity last year, but after WeWork's failed IPO launch, could co-working leasing activity fall this year? Actually, despite issues with WeWork, the co-working industry seems to be stable and growing. This year, co-working leasing volumes will likely increase over last year.

"Despite We-Work's recent challenges, I expect the co-working office leasing sector to continue to grow in 2020," Andrew Ouvrier is a partner at real estate-focused law firm Cox, Castle & Nicholson, tells GlobeSt.com. "Co-working will continue to be a major driver of leasing activity, in part due to changes in how users are looking at co-working space. The initial view of co-working space as being predominantly used by individuals and small companies has transformed, and now the co-working model is attracting more large companies."

Recommended For You

Want to continue reading?
Become a Free ALM Digital Reader.

Once you are an ALM Digital Member, you’ll receive:

  • Breaking commercial real estate news and analysis, on-site and via our newsletters and custom alerts
  • Educational webcasts, white papers, and ebooks from industry thought leaders
  • Critical coverage of the property casualty insurance and financial advisory markets on our other ALM sites, PropertyCasualty360 and ThinkAdvisor
NOT FOR REPRINT

© 2025 ALM Global, LLC, All Rights Reserved. Request academic re-use from www.copyright.com. All other uses, submit a request to [email protected]. For more information visit Asset & Logo Licensing.

Kelsi Maree Borland

Kelsi Maree Borland is a freelance journalist and magazine writer based in Los Angeles, California. For more than 5 years, she has extensively reported on the commercial real estate industry, covering major deals across all commercial asset classes, investment strategy and capital markets trends, market commentary, economic trends and new technologies disrupting and revolutionizing the industry. Her work appears daily on GlobeSt.com and regularly in Real Estate Forum Magazine. As a magazine writer, she covers lifestyle and travel trends. Her work has appeared in Angeleno, Los Angeles Magazine, Travel and Leisure and more.