---
title: "CNBC: Most Valuable Post-Pandemic Office Space Will Be Near Areas Where People Actually Live, Says IWG CEO"
url: https://burnaze.com/article/dbdbd168-edd2-4f17-ab11-fbb6a1be62bb
source: "1851 Franchise"
original_url: https://1851franchise.com/cnbc-most-valuable-post-pandemic-office-space-will-be-near-areas-where-people-actually-live-says-iwg-ceo-2720138
category: "Real estate"
industry: "Business Services"
segment: "Real estate"
topics: ["Technology","People"]
published: 2022-10-24T23:18:57.000Z
modified: 2026-11-01T02:09:22.819Z
image: https://newimage.1851franchise.com/cdn-cgi/image/quality=85,format=webp,width=1280,height=720/story/featureImage/c2fa73f9858acc715c2d51c81959e7463967.jpg
---

# CNBC: Most Valuable Post-Pandemic Office Space Will Be Near Areas Where People Actually Live, Says IWG CEO

**TL;DR:** IWG CEO Mark Dixon predicts that the most valuable post-pandemic office space will be near areas where people live, highlighting the shift towards flexible workspaces. IWG is expanding in North America, targeting 1,000 new locations per year.

*originally published in 1851 Franchise on 2022-10-24. [Read the original](https://1851franchise.com/cnbc-most-valuable-post-pandemic-office-space-will-be-near-areas-where-people-actually-live-says-iwg-ceo-2720138).*

## Story

International Workplace Group (IWG), the world's largest provider of flexible workspace solutions with more than 3,300 locations in 1,100 cities worldwide, is stepping in to help employees, employers and landlords adapt to the shifting hybrid workspace landscape of the post-COVID world.

In a video interview with CNBC, Mark Dixon, CEO of IWG, explained that while commercial office space occupancy is up across the board, major cities like New York City will never fully return to normal after the pandemic. This, as Dixon explains, is because the way workers want to use New York City has changed as more people work from home or from flexible workspaces in their local communities.

“The real enemy is commuting — that is what workers want to avoid, but they still want to use New York City as a place to meet and collaborate,” said Dixon. “There is no way to sugarcoat this — New York will never be the same again. Technology and the pandemic have changed the way the city will look in the future. Big cities like New York, where the commute is long and the houses are expensive, will need to reinvent themselves.”

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. Much of its expansion is through its landlord investor and property developer model.

## Entities

- 1851 Franchise (publication)
- Business Services (sector)
- new york (location)
- expansion plans (topic)
- IWG (company)
- North America (location)
- flexible workspaces (topic)
- Mark Dixon (person)
- office space (topic)
- post-pandemic (topic)

---
Originally reported by 1851 Franchise (https://1851franchise.com/cnbc-most-valuable-post-pandemic-office-space-will-be-near-areas-where-people-actually-live-says-iwg-ceo-2720138). Summarized by Burnaze (https://burnaze.com/article/dbdbd168-edd2-4f17-ab11-fbb6a1be62bb).