NewsCase StudiesEvents

Austin and Dallas dominate flexible office space market in Texas

Also in the news...

Moving Abroad For Work: How To Manage Your Finances

Relocating to a new country to start a business or get an exciting new role is an exhilarating process, but you need to make sure that you’re fully prepared.

International Trade Secretary opens the Global Investment Summit

Secretary of State for International Trade, Anne-Marie Trevelyan, welcomes overseas investors and delegates to the Global Investment Summit in London.

Croatia: providing services and travelling for business

Guidance for UK businesses on rules for selling services to Croatia.

Prime Minister and Bill Gates launch £400m partnership to boost green investment

The strategic partnership with the Breakthrough Energy Catalyst will mobilise £200 million of private sector funding over 10 years.

What is the Superbonus and how to benefit from it, even if you don’t pay Italian income tax

It’s recent news the Superbonus 110% has been recently extended to 2023, and this is great if you intend to renovate your home. Superbonus 110% isn’t the only available tax break on house renovations; find out how you can save on your taxes whilst renovating your Italian home.

Austin and Dallas dominate flexible office space market in Texas

Back to News

Austin and Dallas dominate flexible office space market in Texas

Increasing demand for flexible options in these three key states has seen center supply increase by 12% YoY, compared to 10% in emerging markets, according to a report by Instant Offices

With more businesses looking to swap conventional office space for flexible options across the US, the trend in co-working, serviced and hybrid offices is still growing and more than 20 years of data shows businesses can save up to 73% by choosing flexible office space over conventional leased space in the world’s major cities.

Key areas Austin and Dallas are two of the highest growth cities in Texas. Over the last year, both experienced robust growth, strong desk prices and a surge in flexible workspace centers by 6% overall.

Despite rising demand in Texas, desk prices have cooled over the last year. This indicates supply might finally be catching up to demand as new entrants hit the market and existing operators expand.

Average flexible desk rate in Austin reached $896 while Dallas saw average rates of $728 during the year. Both cities were dominated by the opening of hybrid centers, with Dallas seeing a 46% increase YoY and Austin an increase of 49%.






According to data, there is an estimated 80m square feet of flexible space across the US compared to between 50 and 60m square feet in the UK, the world’s second-largest market. Serviced offices or executive suites used to dominate the market, but the recent focus on hybrid locations from large providers and the strong growth from independent co-working centers has meant that, as of the first half of 2018, these more traditional serviced spaces only make up 46% of the market.



No. of Flex Working Centers



Growth 2017 vs 2018















Explore flexible office space options across Texas here.

You are not logged in!

Please login or register to ask our experts a question.

Login now or register.