Economic recovery on the way!
We're not experts in finance, but what can we say about the increase in home sales and personal spending news released by the BEA today?
Compared to last month, home sales went from negative to positive and personal spending rose 0.4%
How is that reflected in the executive suites industry?
The market is ready to end the economic slowdown and Business Centers are ready for the challenge.
California and NY seem to be the hottest areas for new openings.
This year Servcorp introduced it's Irvine, San Francisco and Los Angeles office spaces.
Carr workplaces with it's brand new center in San Francisco and Chicago in the AON Center is aiming to grow it's presence in cities with great potential.
Barrister just opened their second location in Marina del Rey, CA.
Regus is not staying behind. Opening 3 locations in Manhattan, 1 in Northern Chicago, 1 in Missouri and still more to be announced.
Meridian Business Centers recently opened 3 locations in Dallas.
Bevmax Offices and Virgo Business Centers are opening new Centers in Manhattan as well.
Stark Business Solutions will launch a new concept for the industry. An executive suite in a hotel! This innovative space will be in Stamford, CT.
And last but not least, Corporate Office Centers recently opened it's first NY location in Midtown.
This is a clear sign confidence is growing and we're headed towards an economic recovery.
If you would like to have more information about these new serviced offices, give us a call and one of our local experts will be able to provide details.