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  5. Managed Office

Office & Commercial

Managed Office

Managed Office illustration

The managed or flex office sector, characterized by its flexible leasing terms and shared amenities, has seen substantial growth, particularly in the wake of changing workplace dynamics. As of 2023, the global market size for flexible workspaces is estimated at around $26 billion, a clear indicator of its increasing popularity in the business world. This sector caters to a diverse range of clients, from freelancers and startups to large corporations seeking agility in their office space commitments.

A major trend in the managed office sector is the rising demand for hybrid work models, blending remote and in-office work. This shift has led companies to reconsider their long-term real estate needs, often opting for flexible office solutions that reduce overheads and provide scalability. Managed offices offer fully furnished spaces, equipped with high-speed internet, meeting rooms, and administrative services, allowing businesses to focus on their core operations without the hassle of managing office facilities.

Sustainability and wellness are becoming key considerations in flex office development. Providers are increasingly focusing on eco-friendly designs, energy-efficient buildings, and wellness features like ergonomic furniture and natural lighting to enhance the work environment.

Another trend is the integration of advanced technology, including contactless access, booking systems, and virtual collaboration tools, making these spaces more adaptable and efficient. The managed office sector is expected to continue evolving, driven by the need for flexibility, innovation, and sustainability in the workplace. This approach is reshaping the traditional office landscape, offering a more dynamic and responsive solution to modern business needs.

Developers building in Managed Office

88 in the database
Urban Story Ventures
Urban Story Ventures
Chattanooga, TN
Urban Story Ventures cover image
Employees11–50
Principals3
Markets1
Last updated: Aug 17, 2026
Urban Realty Partners
Urban Realty Partners
750 Glenwood Ave SE Suite 330 Atlanta, GA
Urban Realty Partners cover image
Employees11–50
Principals5
Markets3
Last updated: Aug 17, 2026
Tillman Redevelopment
Tillman Redevelopment
Springfield, MO
Tillman Redevelopment cover image
Employees2–10
Principals2
Markets1
Last updated: Aug 17, 2026
Terrapin Development Company (TDC)
Terrapin Development Company (TDC)
PA, United States
Terrapin Development Company (TDC) cover image
Employees2–10
Principals1
Markets1
Last updated: Aug 17, 2026
Spaces
Spaces
#892 Marina del Rey, California
Managed Office
Employees51–200
Principals1
Markets41
Last updated: Aug 17, 2026
Reddcore Development Company
Reddcore Development Company
1523 Redstone Manor Dr Spring, TX
Reddcore Development Company cover image
Employees2–10
Principals1
Markets2
Last updated: Aug 14, 2026
View all 88 developers in Managed Office

Top markets for Managed Office

  • New York· 23
  • Florida· 21
  • Pennsylvania· 17
  • Delaware· 13
  • United Kingdom· 13
  • California· 12
  • District of Columbia· 12
  • Georgia· 12

Typical unlevered yield on cost

6.0 - 9.0%

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