As WeWork declares bankruptcy, other firms that simply lease and manage are booming. Industrious, a lease-only manager of co-working spaces, has seen its revenue grow by 40% since the pandemic. This article casts doubt on whether co-working space will ever account for more than a small fraction of total occupancy, but it’s a transition agent, a way of incubating the office of the future.
https://www.nytimes.com/2023/11/09/business/coworking-wework-office-space.html