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Q3 Industry Report: Atlanta’s Coworking Losses

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Q3 Industry Report: Atlanta’s Coworking Losses

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Here’s how the coworking market performed in the last quarter:

  • In Q3, Atlanta dropped to the 7th spot for the number of coworking spaces, with a total of 203 flexible workspaces – a 3% decrease compared to Q2.
  • The market dropped one spot, now coming in the 8th position in terms of the total square footage covered by coworking spaces – with over 4.18 million sqft. – a 5% drop in this area.
  • When looking at the square footage per market, Atlanta has an average of 20,613 sqft. – a decrease of 2% compared to Q2.
  • Looking at the coworking subscriptions in the Atlanta market, virtual office median prices increased to $179 from $163 in Q2. Dedicated desks dropped to $298 from $299 in Q2. In the meantime, open workspaces stagnated at $139.
  • Nationally, the coworking space stock reached a total of 6,172 spaces, representing a slight 0.15% increase from Q2 of 2023.

You can read the full industry report here: https://www.coworkingcafe.com/blog/national-coworking-report/

You might also be interested in our State of the Industry Report Q1 or State of the Industry Report Q2.

Image Source: CoworkingCafe Created with Datawrapper

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The 2024 virtual Men’s Round Table will be held Q4, 2024, date TBD.

2024 Virtual Men’s Round Tables

2023 Virtual Men’s Round Table was held on November 7th, 2023 via Zoom.


 

2024 Virtual Women’s Round Table

2023 Women’s Round Table #1 was held on October 20th, 2023 via Zoom

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