I
nternational Workplace Group (IWG) is bucking the trend in the traditional office market by expanding its flexible workspaces across Massachusetts. Despite the rise of remote work, IWG is adding seven new locations to meet the growing demand for hybrid and decentralized working models.
As the global leader in flexible office space, IWG is making a significant investment in the Bay State, bringing its Massachusetts footprint to nearly 50 locations. This move is part of a broader growth surge for IWG, which signed 899 new global locations and opened 624 centers in 2024 while posting record revenue, EBITDA, and cash flow.
"We're 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 an ideal place to boost our expansion plans."
IWG's new locations will offer co-working areas, private offices, meeting rooms, and collaborative spaces designed for businesses of all sizes. Through its Design Your Own Office service, companies can tailor workspaces to their exact needs.
Here are the seven new centers coming to Massachusetts:
* 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)
IWG's expansion comes through partnership agreements with building owners who are investing in the IWG platform to transform their real estate into branded flexible offices. This model allows landlords to benefit from IWG's global network and operational expertise while tapping into the high-growth hybrid workspace market.
As companies increasingly adopt "platform working" – where employees can access a network of locations – flexible workspace has become a critical component of business strategy. Research shows that hybrid working can boost productivity by 11% and generate up to $566 billion in added value to the U.S. economy annually.
"Our workplace model is proven to increase productivity and allows businesses to scale up or down at significantly reduced costs," Dixon said. "We're seeing strong demand from companies looking to enhance employee satisfaction while optimizing their real estate footprint."
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.
