IWG Announces 2 New Flexible Workspace Locations in Arizona, as Demand for Hybrid Working Rises

IWG, the world’s largest provider of hybrid working solutions with brands including Spaces and Regus, is opening state-of-the-art flexible workspaces in Tucson and Flagstaff as the demand for hybrid working rapidly accelerates. This opening is being delivered in partnership with TA Building Corporation for the Tucson property and CB Professional Building LLC for the Flagstaff location, who both chose the IWG flexible workspace platform and has entered into a management agreement with the Regus brand.

Unprecedented demand from companies of all sizes and workers looking for hybrid working solutions means IWG will add around 1,000 new locations over the next year. Hybrid working offers companies a significantly lower cost base with an average saving of $11k per employee.

Situated along the historic Route 66, Flagstaff is known as the gateway to the Grand Canyon, welcoming over 6 million tourists annually. The new Flagstaff center will serve residents and their surrounding suburban communities, providing a workspace for people seeking a professional environment while traveling, as more workers return to business travel and opt for “workcations.” This is IWG’s first location in Flagstaff and will be located at 1120 W. University Avenue.

Arizona locations

Tucson, home to the University of Arizona and nearly half of a million people, is Arizona’s second largest city. IWG’s second location in Tucson will be located at 177 North Church Avenue. Demand for workspaces in the area has performed strongly, with the number of enquiries for space in IWG locations continuing to sharply increase.

Both building owners decided to invest in the IWG platform to maximize the return on their real estate space by capitalizing on the rapidly expanding demand for hybrid working. With an annual investment of around $60M into its technology platform, IWG provides partners with access to all the company’s expertise as well as design and fit-out support and sales and marketing capabilities.

With nearly 30 operating centers in Arizona, IWG’s expansion is part of a drive by IWG to meet the sharply rising demand for top-class flexible working space in the area. The two new centers, slated to open in Q4 of this year, will provide space for established firms and start-ups across a range of industries including aerospace, defense and energy, while IWG’s Design Your Own Office service allows companies to tailor their space entirely to their requirements.

IWG is the world’s leading provider of flexible workspace – with 3,500 locations in more than 120 countries with members able to access all of the locations and business services via the IWG app.

Industry trends

As the ongoing shift towards hybrid working accelerates, conventional office occupancy will continue to fall as businesses require less traditional space and turn to flexible workspace instead. In 2022, IWG welcomed hundreds of new partner locations and is on track to add around 1,000 over the course of the next year. IWG already counts 83 per cent of Fortune 500 companies among its customer base.

“We are excited to be partnering with IWG. Their platform, professionalism and global reach will add value for their users, our tenants and the TA building,” said Jill Hansen, of Tuscon’s TA Building Corporation.

Steve Jackson, managing member of CB Professional Building, LLC. added, “We are thrilled to join forces with IWG in bringing this innovative office rental and management system to the Flagstaff market. The demand for flexible office space in Flagstaff has grown exponentially in recent years and we are excited to help provide a needed alternative."

Company expansion

Mark Dixon, CEO & Founder of IWG, commented: “We are establishing a stronger and much-needed footprint in Arizona with these is latest openings. The need for high-quality flexible workspaces continues to soar as hybrid working becomes the new normal. We are very pleased to work in partnership with both TA Building Corporation and CB Professional Building to develop the Regus brand under a management agreement that will add a cutting-edge workspace to their building.

“Our openings in Flagstaff and Tucson come at a time when more and more companies are discovering that flexible working boosts employee happiness and satisfaction, while helping the environment. Our workplace model is also proven to increase productivity and allows for a business to scale up or down at significantly reduced costs.”

IWG’s multi-brand expansion strategy is designed to appeal to every type of business and entrepreneur. IWG 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.

IWG is the global leader in hybrid work solutions and workspace brands. We create 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 IWG’s hybrid working platform to increase their productivity, efficiency, agility, and market proximity.

IWG’s unrivaled network coverage includes approximately 3,500 locations across more than 120 countries and 83% of Fortune 500 companies are amongst our growing customer base.

Through our brands, including Regus, Spaces, HQ and Signature, we help millions of people and their businesses to work more productively. We do so by providing the world’s leading hybrid work platform with professional, inspiring and collaborative workspaces and digital services all available via the IWG app. For more information? visit www.iwgplc.com and for more information on partnering with IWG, see: ?