Top Markets With the Largest Coworking Footprints

As flexible workspaces remain a vital component of the office sector, several markets continue to stand out for their expansive coworking presence. February CommercialEdge data offers insights into the coworking landscape across these top-performing markets, highlighting shifts in footprint and market share.

Nationwide, coworking spaces add up to 58.5 million square feet across 7,776 locations, accounting for 2 percent of the country’s total leasable office stock. At the forefront, Manhattan retained its position as the largest coworking hub, with more than 7.8 million square feet spread across 275 locations, representing 2.3 percent of the metro’s total rentable office inventory. This underscores the enduring demand for flexible space in one of the world’s most competitive real estate markets.

Other metros with large coworking shares

Chicago and Los Angeles followed closely, each with coworking stocks amounting to 2.2 percent of total leasable office supply—above the national average, according to CommercialEdge. Chicago’s 269 coworking locations encompassed 2.9 million square feet as of February, while Los Angeles led in site count with 293 locations totaling nearly 4 million square feet. Atlanta also matched this 2.2 percent share, with 244 coworking spaces collectively covering close to 2.1 million square feet.

Denver and Phoenix posted comparable figures, with coworking making up 2.1 percent and 1.9 percent of their respective office stocks. Denver recorded 1.4 million square feet across 236 locations, while Phoenix followed with 1.3 million square feet across 155 sites.

Dallas-Fort Worth continues to be a one of the top coworking markets, with 2.3 million square feet spread across 284 locations, representing 1.8 percent of its total office space. As per CommercialEdge data, Boston and Houston report similar proportions, with Boston’s 2.7 million square feet—211 locations—and Houston’s 1.7 million square feet—232 locations—each comprising 1.8 percent of their markets’ rentable inventory.

Washington, D.C., rounds out the top 10 with 2.8 million square feet of coworking space distributed in 279 locations, representing 1.6 percent of the metro’s total office supply.

—Posted on February 18, 2025