Despite Office Market Slowdown, International Workplace Group Expands Rapidly in Massachusetts with Seven New Flexible Workspaces

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Mark Dixon

BOSTON–At a time when the traditional office market continues to face headwinds from the rise of remote work, International Workplace Group (IWG) is bucking the trend—adding seven new flexible workspaces across Massachusetts to meet the surging demand for hybrid and decentralized working models.

The global leader in flexible office space—best known for brands like Regus, Spaces, and HQ—is making a bold bet on the Bay State, bringing its Massachusetts footprint to nearly 50 locations. The move is part of a broader growth surge for IWG, which signed 899 new global locations and opened 624 centers in 2024, while also posting record revenue, EBITDA, and cash flow.

“We are establishing a stronger and much-needed footprint in Massachusetts with these latest openings,” said Mark Dixon, CEO and Founder of IWG. “As the need for high-quality flexible workspaces continues to soar, Massachusetts is a fantastic place to boost our expansion plans.”

New Centers Opening Across the State

IWG’s new locations will offer co-working areas, private offices, meeting rooms, and collaborative spaces designed for businesses of all sizes—from startups to Fortune 500 companies. Through its Design Your Own Office service, companies can tailor workspaces to their exact needs.

Here’s a look at the seven new centers coming to Massachusetts:

Address Brand Opening Date
200 Rivers Edge Dr, Medford Signature Aug 4, 2025
10 Post Office Sq., Boston Regus Aug 4, 2025
27 Mica Lane, Wellesley HQ Sep 2, 2025
1274 Osgood St, North Andover Regus Oct 6, 2025
100 Foxborough Blvd., Foxborough HQ Oct 13, 2025
49-55 Davis Sq., Somerville Regus Oct 20, 2025
460-480 Franklin St., Holbrook HQ Dec 22, 2025

The expansion comes through partnership agreements with building owners who are investing in the IWG platform to transform their real estate into branded flexible offices. The model allows landlords to benefit from IWG’s extensive global network and operational expertise while tapping into the high-growth hybrid workspace market.

Riding the Wave of Hybrid Work

As companies increasingly move away from centralized offices and embrace “platform working”—where employees can access a network of locations—flexible workspace has become a critical component of business strategy.

According to research from IWG and Arup, hybrid working can boost productivity by 11% and generate up to $566 billion in added value to the U.S. economy annually. Meanwhile, companies save an average of $11,000 per employee by switching to more flexible workspace models.

“Our workplace model is proven to increase productivity and allows businesses to scale up or down at significantly reduced costs,” Dixon added. “We’re seeing strong demand from companies looking to enhance employee satisfaction while optimizing their real estate footprint.”

A Sector in Rapid Growth

Despite ongoing softness in the traditional office market, the flexible workspace sector is experiencing explosive growth. Experts predict that 30% of all commercial real estate will be flexible by 2030, with a total addressable market exceeding $2 trillion globally.

IWG already counts 83% of the Fortune 500 as customers and operates thousands of locations in over 120 countries, all accessible via its unified platform and mobile app.

As the shift toward hybrid and decentralized work continues, IWG’s aggressive expansion in Massachusetts signals a confident—and strategic—investment in the future of work.

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