--- title: "IWG Invests in More than 65K Square Feet to Open 7 New California Workspaces as Demand for Hybrid Working Rises" url: https://burnaze.com/article/ca120d12-306b-48b3-a639-5360c34e3349 source: "1851 Franchise" original_url: https://1851franchise.com/iwg-invests-in-more-than-65k-square-feet-to-open-7-new-california-workspaces-as-demand-for-hybrid-working-rises-2722425 category: "Real estate" industry: "Business Services" segment: "Real estate" topics: ["Technology","Development & multi-unit"] published: 2023-05-24T15:10:42.000Z modified: 2026-11-01T01:17:32.951Z image: https://newimage.1851franchise.com/cdn-cgi/image/quality=85,format=webp,width=1280,height=720/story/featureImage/a26f6fa4ef291f4fee746e0d952f1f8f1444.jpg --- # IWG Invests in More than 65K Square Feet to Open 7 New California Workspaces as Demand for Hybrid Working Rises **TL;DR:** IWG is opening seven new workspaces in California, totaling over 65,000 square feet, as demand for hybrid working rises. The company plans to add around 1,000 new locations globally over the next year. *originally published in 1851 Franchise on 2023-05-24. [Read the original](https://1851franchise.com/iwg-invests-in-more-than-65k-square-feet-to-open-7-new-california-workspaces-as-demand-for-hybrid-working-rises-2722425).* ## Story - The new CA centers comprise an impressive total of 65,215 sq. ft. of workspace, complete with co-working spaces, private offices, meeting rooms and creative spaces. - The new locations are part of the drive to provide top-class facilities in a wide variety of locations as hybrid working becomes a reality for more workers. - These openings follow a partnership agreement with the building owner, who has invested in the IWG platform to create a branded flexible workspace in their building. ## Expansion plans - The locations are a key milestone in IWG’s plan to add around 1,000 new locations globally over the next year. IWG , the world’s largest provider of hybrid working solutions with brands including Spaces and Regus, is opening seven state-of-the-art flexible workspaces across California, as the demand for hybrid working rapidly accelerates. These locations are delivered through managed partnerships across IWG’s HQ and Regus brands. 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 $11,000 per employee. IWG’s new centers span across the state of California, including San Jose (Silicon Valley), Danville (East Bay / Contra Costa County), Torrance (L.A. County), Santa Ana (Orange County), Temecula (Riverside County), El Dorado Hills and Rancho Cordova (Greater Sacramento). Demand for workspaces in the state has performed strongly, with the number of inquiries for space in IWG locations continuing to sharply increase. ## Hybrid working solutions The 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. Offering private offices, meeting rooms, co-working and creative spaces, the new California centers are located at: - 41877 Enterprise Circle, Temecula, CA (Regus) - 2790 Skypark Avenue, Torrance, CA (HQ) - 10940 White Rock Road, Rancho Cordova, CA (Regus) - 1-17 Railroad Avenue, Danville, CA (Regus) - 1264 Hawks Flight Court, El Dorado Hills, CA (Regus) - 901 Civic Center Drive, Santa Ana, CA (Regus) - 325 S 1st Street, San Jose, CA (Regus) ## Market demand growth IWG’s expansion in California is part of a drive by IWG to meet the sharply rising demand for top-class flexible working space in the area. The locations will provide space for established firms and start-ups across a range of industries including healthcare, business services, logistics and e-commerce, 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. 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. Mark Dixon, CEO & Founder of IWG, commented , “California continues to be a fantastic place for us to boost our expansion plans. The need for high-quality flexible workspaces continues to soar as hybrid working becomes the new normal. We are very pleased to work with our partners and the Regus and HQ brands under a management agreement that will add a cutting-edge workspace to their building. ” “Our continued expansion in California comes 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 ? ## Entities - 1851 Franchise (publication) - California (location) - Technology (sector) - Regus (company) - flexible workspace (topic) - IWG (company) - Spaces (company) - california expansion (topic) - Mark Dixon (person) - hybrid working (topic) - HQ (company) - workspace expansion (topic) --- Originally reported by 1851 Franchise (https://1851franchise.com/iwg-invests-in-more-than-65k-square-feet-to-open-7-new-california-workspaces-as-demand-for-hybrid-working-rises-2722425). Summarized by Burnaze (https://burnaze.com/article/ca120d12-306b-48b3-a639-5360c34e3349).