The Sharing Economy: Co-Working and Incubator Models
Many Co-Working and Incubator Models Exist

The Sharing Economy: Co-Working and Incubator Models

5 months ago 0 0 264

I recently asked the question, Does WeWork Work? And answered the question with a “We’ll see…” But there’s other co-working/incubator models out there worthy of discussion. Co-Working and Incubator Models On a recent panel at GSU’s Views From the Top was a Roam Innovative Workspace representative. Like WeWork, Roam is an alternative office model, but currently boasts only five locations. There are also Incubator tech business models out there. One such model is the Atlanta Tech Village. One model is not necessarily better than the other, but what is certain is they all disrupt the office market. Quick Thoughts on WeWork I dove deep into WeWork previously and questioned how the concept can compete with traditional landlords, REGUS and CBRE’s Hana concept, which can easily adapt to the changing market. Essentially, WeWork acts as a landlord, but offers more flexible leasing options. It is very much a real estate-based model, with

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CBRE Launches Flex Office Space Initiative to Compete with WeWork

CBRE’s Hana: A Threat to WeWork?

5 months ago 0 0 216

The Empire Strikes Back The Wall Street Journal’s recent article “CBRE Launches New Co-Working Business, Taking on WeWork” offers proof to points made in my recent blog, “The Sharing Economy: Does WeWork Work?” Here’s what I said: “[WeWork] does not have a monopoly on the concept. Ordinary landlords can easily replicate the model.” And that’s just what CBRE plans to do with its new offering, Hana. Hana’s main offering, Hana Team, offers professional teams (8 – 300+ people) customizable space with desirable amenities. Each Hana facility will also contain Hana Meet, on-demand meeting rooms, and Hana Share, shared desks and coworking space. In Stan’s Opinion There’s no doubt WeWork has changed the office leasing paradigm. But I do doubt the company will survive in the long run. Their concept can be easily replicated, and existing landlords control what happens in their buildings. In addition, companies like Regus have adapted their flex

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Will Sharing Economy Concepts Like WeWork Survive?

The Sharing Economy: Does WeWork Work?

6 months ago 0 4 313

“Merry New Year!” Why not recall Eddie Murphy in the classic Trading Places and start the new year off with a smile? I usually start my new year attending GSU’s industry conference Views From the Top. The 2019 version did not disappoint. This year, I was intrigued by the Industry Panel: “New Faces, New Spaces, and the Shared Economy.” Ideas being birthed from the sharing economy concept should be of great interest to us folks in the commercial real estate industry. Current innovations will certainly impact the CRE business—and in many cases, change the way an entire segment of the industry does business. Just think about WeWork—one concept that is disrupting the office market—and whose rep sat on the conference’s panel. I Work, You Work = WeWork?  Many different opinions about WeWork exist, but regardless of what you think, they are a force in the office market that cannot be

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