The Future of Coworking Spaces in Houston

What to expect from the Coworking Space industry in Houston?

Returning to a stale, worn-out office environment can be depressing. That is not to say that people do not want to work outside the home. Consider a work environment that includes all of the benefits of a premium world-class fitness center, modernist Herman Miller furniture, and cool flexible coworking spaces that take the ordinary office to a new level.

Enlightened work environments in Houston are luring more Texans back to a collaborative setting. These cutting-edge coworking spaces are redefining the concept of an office. For today’s workers, the dreaded classic cavernous pre-pandemic office space simply will not suffice.

The coworking phenomenon has certainly disrupted the commercial real estate (CRE) market in recent years, as well as altered our perception of office space. With a possible economic downturn looming, the question of how the coworking trend will be affected has become a hot topic among CRE professionals and office building landlords.

Growth of Coworking Spaces in Houston

 

According to a new CBRE report, Houston’s coworking market is having a moment, despite the industry’s growing vacancy rates and weak demand.

Indeed, Houston was discovered to be the largest metro in the United States to see an increase in coworking and flexible office space.

According to the report, which examined flexible office supply in 49 North American markets between the fourth quarter of 2020 and the third quarter of 2021, Houston’s net supply increased by 5.3 percent, making it one of the few regions that saw an increase in space.

Most flexible office operators in major US cities were forced to relinquish space to landlords as a result of the pandemic. As a result, the industry’s total footprint in the country was reduced by 12.2 million square feet.

Houston, on the other hand, added 153,000 square feet during the study period, bringing its total supply to 3.1 million square feet.

The expansion of coworking operator Common Desk, which accounted for 84 percent of new space during this time period, contributed significantly to the accelerated supply. WeWork acquired the Dallas-based firm last month, and it has been rapidly expanding its footprint since 2020.

According to CBRE brokers, the increase in flexible office supply is also assisting landlords in meeting new demand from tenants seeking flexible lease options rather than long-term leases.

Coworking Spaces in Houston

Whether you’re a digital nomad looking for a new location or a Houston resident thinking about becoming a remote worker, there are plenty of coworking spaces to choose from. Check out our pricing table for the latest available coworking spaces in Houston.

Here are more coworking spaces to check out in Houston. Let us know your requirements, and we’ll provide you the top options based on your needs.

Common Desk – East End

Houston’s East End, just east of Downtown Houston, is quickly becoming one of the city’s hottest submarkets, with quirky and unique destinations such as the evolving EaDo District and staples such as the original Ninfa’s. Common Desk is a Texas-based company that enjoys being in the most walkable, desirable, and enjoyable neighborhoods in a city, which is why their first Houston coworking location was chosen for the East End. Common Desk has a wide range of memberships to accommodate teams of all sizes, from shared desks to large hospitality suites. In comparison to neighboring Downtown Houston, the East End offers exceptional parking opportunities at no additional cost.

Servcorp

Servcorp has over 160 locations worldwide, including two in Houston, Texas. One is in the Bank of America Center, a beautiful, tall structure that will make you want to give it your all every time you walk into it. The second location is in the Galleria at Williams Tower. Aside from being connected to the mall, this location is only one minute from the West Alabama Street bus stop and five minutes from Starbucks, Cheesecake Factory, and Del Frisco’s Steakhouse.

The CoWork Lab

The CoWork Lab is in Houston Heights, a historic neighborhood in northwest-central Houston. There are numerous restaurants and activities available after work, such as a bike or brewery tour. This is an inexpensive coworking space. So, if you’re on a budget but still want a space with a wide range of high-quality amenities, this one is ideal.

Regus – Downtown Greenstreet

This workspace, located in the heart of Houston’s central business district, offers a comprehensive suite of amenities and services. From the friendly administrative staff to the on-site cafe, this is an ideal professional home for your team. On the rooftop deck, you can host everything from collaborative meetings to client events.