Coworking Spaces in Seattle, WA
Located in the Pacific Northwest, the Seattle metropolitan area is home to nearly 4 million people and is consistently ranked as the fastest growing major city in the U.S. The economy in Seattle is driven by a healthy mix of ‘old economy’ companies such as Weyerhaeuser and Costco, and ‘new economy’ companies in the internet and technology sectors like Amazon and Microsoft.
The coworking scene in Seattle is as diverse as the economy. From imagination incubators and creative studios to larger facilities from WeWork and Industrious, there are an almost countless number of choices for flexible office space in Seattle.
In 2017 the number of freelance workers in Seattle was just over 28,000. Over 11% of all freelancers in Seattle work in the information, scientific, and management services fields.
Coworking Market in Seattle, WA
Seattle is the 8th-largest coworking market in the U.S., according to Yardi Matrix. A recent report by JLL also ranks Seattle as the 8th-fastest growing market for shared office space in the country. Both the amount of coworking space in Seattle and traditional office space is growing due to demand from the technology sector, with over 9.2 million square feet of new office space currently under construction.
There is over 3.3 million square feet of space across 83 coworking locations in Seattle. Shared space in the Seattle urban area accounts for 3.5% of the total inventory. Suburban coworking office space makes up 1.3% of the total office space in Seattle nonurban areas, comparable to the suburban coworking areas of San Diego and Dallas.
Over the last 5 years nearly $10.6 billion in venture capital has been invested in the Seattle metro area. Businesses are attracted to the area’s vibrant economy, world-class growth, and highly educated workforce.
In just four years the number of residents holding bachelor’s degrees or higher has increased by 18%. Degree holders in business and science and engineering have increased by more than 29% and 22% respectively.
Update: COVID-19’s Impact on Commercial Real Estate
May 21, 2020
The economy has been devastated. We’re facing depression-level unemployment and all of us are wondering what our new normal will look like. While the stock market has recovered slightly it tells an uneven story of e-commerce, the expansion of tech and the devastation in retail, travel and experi...
COVID-19’s Impact on Commercial Real Estate
April 10, 2020
The economy was on a roll in February. Even as the severity of the pandemic was taking shape in China, the U.S. remained on the upswing. But, since then, the economy, markets, jobs and businesses have been dwindling. Last week, Yardi Matrix hosted a webinar on how COVID-19 is affecting commercia...
Why Coworking Options Are A Brilliant Employee Perk
March 23, 2020
Coworking is a great option for many people. But the flexible working opportunities these spaces offer also bring a range of benefits to enterprises. So, should you offer coworking as an employee perk? Benefits are an important component of your employment package. Research reveals 78% of worker...
What is coworking?
Coworking is a collaborative and flexible work style that involves a shared workplace or shared office space. The difference between coworking and traditional offices is that people who work in a coworking space don’t usually work for the same company or organization. This is why these collaborative work spaces appeal to freelancers, small businesses, solopreneurs, and independent workers. The coworking provider that manages the space handles all the services and amenities, to make sure all individual needs are covered. Many coworking spaces offer services such as event space and conference rooms, free wi-fi, virtual business addresses, 24/7 access, pet-friendly policies, printer and fax services, as well as the ability to rent office space by the hour, the day, the month, or long-term.
How to find the right coworking space in Seattle, WA
COMMERCIALCafé is your go-to source for finding coworking & shared spaces in Seattle, WA. Search our selection of in Seattle, WA coworking spaces and find the right provider for your workspace needs. Our database includes 58 coworking office properties, so you can easily find your space and start working. Use our advanced search feature and filters to find the right shared office space, by selecting your desired price, neighborhood, and amenities such as complimentary Wi-Fi, coffee and tea, printing and scanning services or pet-friendly policies. Whether you’re looking to rent office space for a day, trying to find an hourly office rental, or searching for a longer-term option, we’ve got you covered.