Atlanta’s Coworking Inventory Sees 5% Increase in Q2
Wednesday, July 17th, 2024
In Q2 2024, Atlanta’s coworking supply continued to grow, now standing at a total of 226 spaces.
CoworkingCafe’s latest coworking industry quarterly report leveraged the most recent proprietary data (June) to break down the coworking space stock availability in the 25 largest markets. To get a more granular overview of the coworking market, we also looked at the spaces’ size and distribution, the prices and the leading operators.
We also compared the most recent numbers to those registered in the first quarter of 2024 to determine the industry’s evolution throughout the nation.
Here’s how the coworking market performed in the last quarter:
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Atlanta saw a 5% increase in the coworking spaces supply. This translates to 10 more coworking spaces. The market kept its 7th spot nationally.
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In terms of total square footage, Atlanta dropped to the 8th nationwide with 4.36 million sqft., a very small decrease of 0.3% compared to Q1.
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The average sqft. in Atlanta dropped by 5% from 20,241 sqft. in Q1 to19,295 sqft. in Q2.
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In terms of pricing, virtual offices dropped $28, now standing at $148. Dedicated desks decreased by $5, now reaching $289 and open workspaces remained at $139.
You can read the full industry report at www.coworkingcafe.com