Co-working companies now take up close to 950,000 square feet of office space in Seattle and on the Eastside — the equivalent of the 44-story U.S. Bank Centre in downtown Seattle — and that number is expected to keep rising in a sign of the growing demand for flexible workspaces.
According to information from real estate brokerage Colliers International, co-working spaces account for 648,000 square feet in Seattle and another 301,000 on the Eastside.
Co-working spaces appeal to startups because they provide flexibility for small companies that don’t often know what their future employment and office needs will be.