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The Blade: Coworking Office Set to Open in Toledo's Franklin Park Neighborhood

The Ohio flexible workspace is one of the International Workplace Group's first franchise locations in the US.

International Workplace Group (IWG), the world's largest provider of flexible workspace solutions with more than 3,300 locations in over 120 countries worldwide, is stepping in to help employees, employers and landlords adapt to the shifting hybrid workspace landscape of the post-COVID world. As a part of this strategy, IWG is partnering with landlords, building owners and institutional developers who want to fill empty spaces and generate revenue and operating income. IWG is also partnering with franchise owners as well.

Earlier this year, for example, IWG opened a flexible workspace facility in Toledo's Franklin Park neighborhood, one of the company’s first franchise locations in the U.S., The Blade reports. The Ohio location, which is operating as a Regus, is part of a five-center deal from franchise group Sikander & Boehm. The deal includes agreements for other IWG centers in cities like Dayton and Fort Wayne. 

“I am seeing significant shifts in the way people are working, and there is no doubt companies and employees are recognizing the benefits of working in a shared office environment?," franchisee Doug Boehm said in the announcement.? ?"For me, the shift to hybrid working presents exciting opportunities as companies are seeking flexible workspaces closer to their homes.”

IWG is currently aggressively targeting North America for expansion, looking to add 1,000 locations each year to its more than 1,200 locations in the U.S. and Canada and eventually surpass 10,000 locations. 

“The flexible workspace sector has reached a tipping point," IWG CEO Mark Dixon said in a statement. “Following many years of continuous growth, global demand for temporary offices, meeting rooms and coworking areas is set to explode.”

Read the full article here on The Blade.