1851

PROVIDENCE, RI –&nbsp;<a href="https://www.iwgplc.com/en-gb/develop-a-location?utm_source=1851franchise.com&utm_medium=article&utm_campaign=iwg-signs-agreement-for-new-regus-location-in-providence-rhode-island-2723968" target="_blank" rel="nofollow">International Workplace Group (IWG)</a>, the world’s largest flexible workspace organization with over 3,300 locations across 1,200 cities worldwide, recently announced the signing to open a new flexible workspace in Providence, Rhode Island. As a result of the growing demand for flexible workspaces, accelerated by the COVID-19 pandemic, IWG is poised for significant growth in both suburban and urban markets across North America. This prominent partnership is an important step as IWG expands its footprint in the region.The new Regus center is located at 235 Georgia Avenue. The space was renovated in 2022 and is located in the highly desirable area known as ManuCenter. Building amenities include a fitness center.&nbsp;“We are happy to bring more flexible workspace options to the Ocean State,” said&nbsp;<a href="https://ca.linkedin.com/in/wayne-berger-174a3a5?utm_source=1851franchise.com&utm_medium=article&utm_campaign=iwg-signs-agreement-for-new-regus-location-in-providence-rhode-island-2723968" target="_blank" rel="nofollow">Wayne Berger</a>, CEO of IWG Americas. “Providence is a wonderful city and we are happy to provide community members with the best workspaces to fit their needs.”Currently, 42% of the U.S. workforce is working remotely on a full-time basis, and the global&nbsp;flexible workspace industry is projected to&nbsp;<a href="https://www.businesswire.com/news/home/20210604005309/en/Coworking-Space-Global-Market-Report-2021-COVID-19-Growth-and-Change-to-2030---ResearchAndMarkets.com?utm_source=1851franchise.com&utm_medium=article&utm_campaign=iwg-signs-agreement-for-new-regus-location-in-providence-rhode-island-2723968" target="_blank" rel="nofollow">nearly double in size</a>, from $7.97 billion to $13.03 billion, by 2025.&nbsp;<a href="https://milehighcre.com/jll-predicts-30-of-office-space-will-be-flexible-by-2030/?utm_source=1851franchise.com&utm_medium=article&utm_campaign=iwg-signs-agreement-for-new-regus-location-in-providence-rhode-island-2723968" target="_blank" rel="nofollow">According to JLL,&nbsp;</a>by 2030, 30% of all commercial office space will represent flexible workspaces, whereas today, it is less than 4%.“The flexible workspace industry is growing exceptionally fast,” said Berger. “The pandemic forced most people to work from home for two years, creating a monumental shift in how employees want to work moving forward, and how companies are supporting their employees and their bottom line. People want flexibility, and progressive companies understand the financial and operational advantages of moving a percentage of their real estate portfolio from a traditional lease model to flexible workspaces. This signals that flexible workspaces are the future of the global work environment, and IWG offers investors an exciting opportunity to get in now while there is still room.”IWG offers four flexible workspace concepts under its umbrella to match every kind of business, work style and price point, including professional workplace brand&nbsp;<a href="https://www.regus.com/?utm_source=1851franchise.com&utm_medium=article&utm_campaign=iwg-signs-agreement-for-new-regus-location-in-providence-rhode-island-2723968" target="_blank" rel="nofollow">Regus</a>, creative workplace brand&nbsp;<a href="https://www.spacesworks.com/?utm_source=1851franchise.com&utm_medium=article&utm_campaign=iwg-signs-agreement-for-new-regus-location-in-providence-rhode-island-2723968" target="_blank" rel="nofollow">Spaces</a>, hassle-free workplace brand&nbsp;<a href="https://www.hq.com/?utm_source=1851franchise.com&utm_medium=article&utm_campaign=iwg-signs-agreement-for-new-regus-location-in-providence-rhode-island-2723968" target="_blank" rel="nofollow">HQ</a> and luxurious workspace brand Signature.&nbsp;With over three decades of experience, IWG has fine-tuned its business model to optimize revenue and provide business investors and property management companies with an attractive opportunity.&nbsp;“As opposed to a traditional capital lease, business investors can sign a partnership agreement with IWG and invest the capital in converting the space into a dynamic and productive flexible workspace, earning operating income from day one, a higher return on net assets and increased flexibility,” said Berger. “For business investors, IWG represents a unique opportunity to enter the booming flexible workspace industry, which offers wide open territory availability, low start-up costs, simplified operations and more.”The new signing in Providence is the latest addition to the IWG footprint, expanding rapidly as it capitalizes on the fast-growing demand for flexible workspaces. The team plans to open several more locations in the region.“The world is seeing a complete renaissance of the workplace,” said Berger. “90% of employees want to work in a flexible way, 88% of companies have instated flexible arrangements and 50% of employees say they will leave their job if they can’t work flexibly. We’ve been a big part of that evolution, and we are excited to continue expanding in markets across North America, from big cities to small towns.”&nbsp;Looking ahead, IWG aims to add 1,000 new locations in North America a year as it continues to attract a variety of business investors, property management companies, banks and asset managers.&nbsp;Commercial landlords can learn more about partnering with IWG&nbsp;<a href="https://work.iwgplc.com/PartnerWithUs/landlords?utm_source=1851franchise.com&utm_medium=article&utm_campaign=iwg-signs-agreement-for-new-regus-location-in-providence-rhode-island-2723968" target="_blank" rel="nofollow">here</a>. Property agents and brokers can review more information&nbsp;<a href="https://www.iwgplc.com/en-gb/brokers?utm_source=1851franchise.com&utm_medium=article&utm_campaign=iwg-signs-agreement-for-new-regus-location-in-providence-rhode-island-2723968" target="_blank" rel="nofollow">here</a>. For more information to become a business investor, visit&nbsp;<a href="https://franchise.iwgplc.com/en-gb?utm_source=1851franchise.com&utm_medium=article&utm_campaign=iwg-signs-agreement-for-new-regus-location-in-providence-rhode-island-2723968" target="_blank" rel="nofollow">here.</a>&nbsp;To join our ongoing Webinar series or catch up on past Webinars visit&nbsp;<a href="https://events.iwgplc.com/webinars?utm_source=1851franchise.com&utm_medium=article&utm_campaign=iwg-signs-agreement-for-new-regus-location-in-providence-rhode-island-2723968" target="_blank" rel="nofollow">here</a>.&nbsp;<h3>About IWG PLC</h3>IWG provides flexible workspaces in convenient locations alongside industry-leading technology, enabling teams to collaborate better and more seamlessly. It also offers shorter lease commitments, thereby allowing for ultimate flexibility.IWG companies help millions of people and their businesses to work more productively. It provides a choice of professional, inspiring and collaborative workspaces, communities and services.Digitalization and new technologies are transforming the world of work. People want the personal productivity benefits of living and working how and where they want. Businesses want financial and strategic benefits. IWG’s customers are start-ups, small and medium-sized enterprises, and large multinationals with unique business goals, people and aspirations. They want workspaces and communities to match their needs. They want choice.Through its companies, IWG provides that choice and serves the whole world of work: Regus, Spaces, No18, Basepoint, Open Office and Signature. It creates personal, financial and strategic value for businesses of every size, from some of the most exciting companies and well-known organizations on the planet to individuals and the next generation of industry leaders. All of them harness the power of flexible working to increase their productivity, efficiency, agility and market proximity.&nbsp;<a href="http://www.iwgplc.com/?utm_source=1851franchise.com&utm_medium=article&utm_campaign=iwg-signs-agreement-for-new-regus-location-in-providence-rhode-island-2723968" target="_blank" rel="nofollow">www.iwgplc.com</a>.

IWG Signs Agreement for New Regus Location in Providence, Rhode Island

1851 Franchise

IWG will bring a flexible workspace to Rhode Island with plans to meet the high demand in Providence. 


This brand page has been paid for by 1851. Content within this page that is paid will showcase a Sponsored icon. This means the brand has engaged 1851 FRANCHISE to write the content. Content without the Sponsored Icon is aggregated media placements the brand earned. Questions can be sent to editorial@1851franchise.com

iwg-signs-agreement-for-new-regus-location-in-providence-rhode-island

Comfort Keepers

How This Comfort Keepers® Franchisee Grew From One Acquisition to a Powerhouse

how-this-comfort-keepers-franchisee-grew-from-one-acquisition-to-a-powerhouse

Caring Transitions

What Makes Caring Transitions the Premier Franchise Choice for Senior Move Management

what-makes-caring-transitions-the-premier-franchise-choice-for-senior-move-management

Jollibee

Photo of Jollibee mascot and two smiling people in Jollibee pajamas

How Jollibee’s Culture Fuels a Global Brand People Love

franchise-culture-brand-success

petbar

petbar franchise logo tenth 10th anniversary

10 Years Strong: How petbar Turned One Dallas Boutique Into a Fast-Growing National Franchise

petbar-10-years-strong-franchise-growth

Griswold

Beaumont Enterprise: Local Woman Brings Griswold Home Care Franchise to Greater Beaumont, Texas

griswold-home-care-greater-beaumont-opening

Buying a Franchise Masterclass

 Franchise Opportunities

Get Support Buying a Franchise

How to Buy a Franchise White Paper

How to Buy a Franchise

How to Sell Franchises

How to Grow a Franchise

Find a Franchise Supplier

1851 Franchise Opportunities

Franchisor News

Franchisor Power Rankings

FranCamp Mastermind Summit

Franchise Development Website Builder

Franchise Resources

Website Awards

Power Rankings

About 1851

Advertise on 1851

Contact 1851 Editorial

Terms of Use

1851 Login

GROWTH CLUB LOGIN

facebook

instagram

twitter

linkedin

youtube

How AI Is Transforming Restaurant Operations and Franchises

ai-impact-restaurants-franchises-human-centric-technology

Round Table Pizza Franchisees Take FAT Brands to Court Over Marketing Fund Mismanagement

round-table-pizza-franchisees-take-fat-brands-to-court-over-marketing-fund-mismanagement

FAT Brands Nears Bankruptcy as Creditors Demand Repayment of $1.3 Billion Debt

fat-brands-nears-bankruptcy-as-creditors-demand-repayment-of-13-billion-debt

Callaway Sells Majority Stake in Topgolf to Private Equity for $770 Million

callaway-sells-majority-stake-in-topgolf-to-private-equity-for-770-million

Keith Sizemore headshot, Radiance Holdings

Radiance Holdings Names Keith Sizemore Chief Development Officer

keith-sizemore-radiance-holdings-cdo

AI-related job cuts, October U.S. job cuts, American job cut record

AI-Fueled Layoffs Reshape the U.S. Job Market — And Highlight Franchising’s Resilience

ai-job-cuts-franchising-path-forward

Senior Entrepreneurship - Franchising - 1851 Franchise

Senior Entrepreneurship Is Rising — And Franchising Is a Key Outlet

senior-entrepreneurship-franchising-silver-startups

A Practical Playbook: Who To Call First When Franchising Your Business

franchising-your-business-who-to-call-first

Photo of group of dogs standing together in day care facility

Top Pet Boarding and Day Care Franchise Opportunities for 2025

top-pet-boarding-daycare-franchises

image of jerome hanway from right at home Las Cruces, New Mexico 1851 franchise franchisee spotlight

Jerome Hanway Is Building His Right at Home Franchise Around His Mission To Serve

IWG Signs Agreement for New Regus Location in Providence, Rhode Island

MORE STORIES LIKE THIS