New data from Yardi Cube confirms that the co-working sector in the United States has achieved remarkable growth, evolving from a niche option to a core component of the modern office market.
Between January 2025 and January 2026, the number of co-working locations increased by 15% to reach 8,973 sites, while flexible office space grew by 16% to exceed 161 million square feet. Despite continued growth, the sector is moving toward a structural transformation, as co-working spaces have become integral to corporate real estate strategies.
The number of workspace operators rose from 3,729 to 4,338, a net increase of 609, indicating sustained interest from investors and entrepreneurs. Major companies expanded their networks, while other brands made enhancements to their existing locations.
Major cities led this expansion. Los Angeles added 50 new locations, while Chicago recorded the largest increase with 64 sites and an additional two million square feet of space. Dallas and Washington also experienced strong growth, while Manhattan maintained its lead with more than 12.4 million square feet of flexible office space.
Secondary markets showed the fastest growth: Richmond jumped by 34%, and Jacksonville added more than 241,000 square feet, an increase of 43%. Regions such as California’s Central Valley and Southwest Florida also saw significant gains, reflecting a shift toward regional economies outside the major metropolitan centers.
