|Courtesy of The Regus Group|
This year welcomes us with the confirmation of an important
news for the office suite industry.
Regus has bought two major office providers: Regent
Business Centers and Corporate Office Centers. Although there had been some
noise about the news, during the last weeks of December the decision was
But what does this mean for Regus
Let’s start with Regent Business Centers, a company that was
founded in 1993 and had 13 business centers; 5 of them in prestigious buildings
in New York
, 7 centers in California including two spaces in San Francisco
and 1 center in Denver, Colorado. Regent was known
for their top quality spaces.
And Corporate Office Centers was another big player in the
office suite industry.
Headquartered in Arlington Texas, they owned 36 business
centers in 13 markets spread among 10 states. The company had just opened their
last center in Anaheim, CA and just a month ago they were celebrating their 20th
This way, Regus, who handled 1100 locations worldwide and
550 in the USA, now adds 49 new centers to their portfolio and confirms its
dominance in markets like Texas and shows some interest to increase competition
in markets as California.
What might 2013 surprise us with? If Regus plans to maintain its growth expectations of 10%, that means almost 60 new centers opening this year. We will have to see how competitors react and how the economy behaves. We can only guarantee that an exciting year awaits ahead of us.
Labels: COC, Corporate Office Centers, Executive Suite News, Regent Business Centers, Regus