How Coworking Affects Asset Values

A CBRE analysis of recent office building sales found a majority of those with flexible workspaces sold for either more or roughly the same as properties without flex space and also had cap rates lower than national and market averages.

The study, which looked at 31 transactions of buildings with at least 10 percent of square footage devoted to flex space within the past five years, found nearly 40 percent of buildings sold achieved values greater than average for their market. Another 52 percent of those deals had values about the same as their market averages.