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Q3 Industry Report: Atlanta’s Coworking Losses

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.

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