Atlanta ranked sixth for number of flexible coworking spaces with 210 – a 12-percent increase over Q1.
Atlanta was seventh for total square footage covered by coworking spaces – with over 4.4 million square feet – an 8-percent growth.
Yardi Matrix Business Intelligence Manager Doug Ressler said many companies still aren’t certain the number of employees who will be in their physical office space in the near or long term.
“To survive, property owners are asking, ‘How do I make sure my company/property is still around to take advantage of the opportunity when it comes?’” noted Ressler. “Coworking/shared space is one of the creative solutions which addresses this question. Loan extensions for commercial properties are being made possible because there are proven opportunities to restore occupancy and increase cash flow in the commercial office space.”
Angela Noote is a native of Northern California and graduated from Chico State with a degree in public relations. After college she moved to the Central Coast and worked first in ad sales then in editorial, eventually spending more than a decade as a print reporter and editor. She detoured into design work at a printer/publisher, and with a partner eventually opened a boutique full-service marketing agency. Moving into corporate communications, she built and managed several successful marketing teams in the hospitality, financial services, and nonprofit industries. Most recently she was an internal comms manager in the tech sector. After a long stint spent in Georgia (Go Dawgs), she moved to Baton Rouge, LA and has written for clients in the financial, luxury imports, higher ed, commercial cleaning, and medical equipment industries. Her son is a media arts major at the University of South Carolina, and her husband owns a comedy theater in Baton Rouge, where you can often find Angi teaching improv classes, leading corporate training events, or doing an occasional stand up set.