IWG Ramps Up Expansion With 5 Fresh Centers Across Washington
Five new coworking spaces have been opened by International Workplace Group (IWG), which has announced its growth in the state of Washington. With these new facilities, IWG now has 36 locations around the state.
“Our openings in Washington come at a time when more and more companies are discovering that flexible working boosts employee happiness and satisfaction while helping the environment,” said Mark Dixon, CEO of IWG.
The new coworking spaces will be situated in the Spokane Valley, Bremerton, Bainbridge Island, Burien and Issaquah areas. Coworking areas, private offices, conference rooms and creative spaces will all be available at each location.
According to the Daily Journal of Commerce, the Issaquah location at 371 NE Gilman Blvd. is currently up and running under the HQ name. Later this year, the Burien location — which will also use the HQ brand — is expected to open. Then, the Regus name will be utilized by the Bainbridge Island and Bremerton centers, which are scheduled to debut in the first quarter of 2025. The Spokane Valley site will then open under the Regus name in the second quarter of 2025.
The company highlights its expanding presence in the flexible workplace industry by offering flexible office space options to about 83% of Fortune 500 organizations. These newest properties are part of a larger project: In the first half of 2024, IWG opened 465 new locations worldwide, including 200 in the United States.
The company’s extensive U.S. expansion demonstrates the rising demand for flexible workplaces as businesses look to cut expenses and accommodate workers’ needs for work/life balance.
The provider of flexible workspaces has also been steadily expanding into major global markets throughout the last year in response to the growing demand for hybrid and flexible work options.
Notably, IWG — which has more than 1,500 locations in the U.S. and more than 4,000 worldwide — has recently been under pressure from American stakeholders to withdraw its stock from the Stock Exchange of London and switch to a listing in the United States.