From the CEO
Reed K. Thompson
October 7, 2026

By Reed K. Thompson, CEO, Deskworks
Commercial real estate brokers do not need another lecture about whether a flex office is a “real” office. They need a clear view of what their clients are already demanding.
Coworking and flex office are not the same. Both are growing because office users now expect shorter commitments, faster occupancy, better amenities, and more choice in where and how their people work.
I have toured more than 30 commercial buildings over the past year—primarily conventional commercial assets, not coworking properties. Virtually all had some meaningful form of flex: furnished suites, short-term offices, spec suites, shared meeting space, a shared kitchen, tenant amenity floors, managed offices, or flexible lease structures.
That is not a trend on the edge of the market. It is the market adapting. See table below:
Coworking began as a solution for freelancers, entrepreneurs, startups, and small teams that wanted a professional workplace without taking on a traditional lease.

Its core value is shared infrastructure and community:
Coworking changed the market because it proved that customers value more than square footage. They value access, convenience, experience, professional presentation, and the ability to use office space when it makes sense—not because a lease requires it.
Flex office is the larger category. Coworking is one type of flex office.
Flex office is built around adaptable occupancy. It can include:

The primary difference is simple:
Coworking is a shared-workplace and community model. Flex office is a flexible way for companies to consume office space.
Coworking can include private offices. Flex office can include shared space. The lines blur in practice. The customer’s real question is not, “Is this coworking?” It is, “Does this solve my business need without creating unnecessary cost, risk, or delay?”
Certain customers still need conventional office leases. A headquarters, specialized buildout, secure operations center, life-science facility, major regional office, or a stable long-term occupancy requirement may justify a traditional lease.
But far fewer businesses want every workplace decision locked into one model.
They want the ability to:
The “work from anywhere” shift does not mean the office is gone. It means the office must earn the commute and justify the cost.
For many companies, the answer is not headquarters or remote work. It is a portfolio: headquarters, hubs, managed offices, memberships, meeting space, and home-based work.

Flex should not be viewed as competition to brokerage. It is another tool in the broker’s toolkit—and often the right first step in a larger client relationship.
A client that begins with a 10-person flex suite may become a 50-person conventional tenant. A company entering a market through a flexible location may later commit to a full-floor lease. A tenant using flex space as swing space may need permanent expansion. A company that cannot make a five-year decision today may still need space immediately.
If the broker’s answer is only, “Here are the traditional listings available,” the client will find flexible alternatives without them.
The broker who understands flex can advise at a much higher level:
This is not about recommending flex in every transaction. It is about understanding when flex is the better answer—and recognizing when it can lead to a conventional lease later.

Traditional commercial real estate has historically been driven by location, square footage, lease term, tenant improvements, and rental rate. Those remain essential.
They are no longer enough by themselves.
Occupiers increasingly assess a building based on how quickly they can use it, how well it supports employees, whether it offers modern amenities, the quality of the service experience, and how easily the space can adjust as their business changes.
That is why landlords are introducing:
The label does not matter much. The capability does.
Buildings that offer only traditional long-term space are narrowing their addressable market. Buildings that offer a range of occupancy options can serve companies at more stages of growth and capture demand that might otherwise be lost.
Flex workspace is not merely a leasing format. It is an operating business.
A credible flex offering must manage the full customer experience: inquiry, tour, agreement, move-in, access, meeting-room reservations, billing and payment collection, support, and ongoing changes in space needs. The customer is not simply leasing an office. They are buying a service experience that must work from the first interaction through daily use.
For brokers, that matters. The quality of the operator—and the technology behind the experience—can determine whether a flex solution strengthens a client relationship or creates unnecessary friction. A well-run operation makes it easy for a customer to occupy space quickly, manage access, reserve rooms, receive support, and adjust as the business changes.
Technology is not the headline. But it is part of what makes a flexible office credible at scale. When it works, the building is easier to buy, easier to use, and more valuable to the customer.

Coworking created a more accessible, shared, community-oriented workplace model. Flex office applies the same underlying principle—choice and adaptability—to a far broader range of office users.
Commercial real estate is not being replaced. It is being forced to become more responsive.
The brokers who win will not treat flex as an inconvenience, a temporary fad, or a separate category. They will use it to solve real client problems: speed, uncertainty, distributed teams, changing headcount, underused space, and the need for a better workplace experience.
The market is already moving.
The question is not whether flex office will matter in commercial real estate. It is whether your clients will see you as the broker who understood it early enough to help them use it well.
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Reed K. Thompson is CEO of Deskworks, a workspace management solution built by people with deep experience operating coworking and flexible workspace businesses. Deskworks provides flex office software for managing members, spaces, reservations, billing, payments, access, reporting, and multi-location operations.
From the CEO
Reed K. Thompson
October 7, 2026