Office Evolution – the nation’s largest and fastest-growing coworking franchisor – ended the first half of 2020 with an expanding network, a growing member base, and an optimistic outlook for the rest of the year. The brand’s growth has been driven by the rapidly rising demand for suburban office space as professionals continue to seek out convenient, collaborative and inspiring workspaces in the suburbs.
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“Our continued growth despite the Covid-19 pandemic is a testament to our strong business model, the rising demand for our nationwide network of locally owned suburban locations, and the power of our Ohana – which is Hawaiian for ‘family’– culture,” stated Office Evolution CEO and founder Mark Hemmeter. “In June alone we opened four new Office Evolution locations, helping us extend our network and serve a larger number of suburban-dwelling workers and small business owners. We are determined to provide members with a safe, healthy and productive work environment where they are inspired.”
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Since the start of 2020, Office Evolution has opened a total of nine new business centers, six of which have opened since the start of the pandemic. Covering regions across the U.S., Office Evolution added:
- Two new locations in Colorado (Denver, Colorado Springs)
- One new location in Houston, Texas
- Three new locations in Florida (Tampa, Plantation and Jacksonville)
- One new location in Flowood, Mississippi
- One in Fishers, Indiana
- One in Bellevue, Washington
In addition to opening new locations, Office Evolution has signed five new development deals since the start of the year, signaling a parallel demand from business professionals looking to take more control over their financial future with a semi-absentee business opportunity that yields 93% recurring revenue. Those new offices will be located throughout parts of Virginia, Wisconsin, California, Texas, and Michigan.
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