Vast Coworking Group, the biggest franchisor in the coworking space, says it’s a new era of opportunity for entrepreneurs looking to leverage commercial real estate holdings as flexible workspace.
In a March 16 announcement, Vast Co-founder and CEO Jason Anderson explained, “The way I see it, we’re now in the era of ‘Coworking 4.0’ with commercial real estate having a flex-first approach. Everywhere, Fortune 500 companies and other major enterprises – even the government – are turning to flex to accommodate their hybrid and geographically distributed workforces without having to commit to long-term leases.”
This signals a major shift in the way leading businesses approach office space. In the past, large teams were generally looking for long-term stability when they invested in a physical office. Now, with the rise of decentralized teams, hybrid employees, and flexible schedules, that model doesn’t make much sense anymore.
Anderson and Vast believe they are well-equipped to capitalize on this transition.
Vast operates three brands in the coworking space: Venture X®, Office Evolution®, and Intelligent Office®. Collectively, that makes Vast the largest privately owned franchisor of coworking spaces and the second-biggest flexible workspace network in North America. Their portfolio includes more than 2.7 million square feet of office space around the world.
Anderson’s declaration of a new era is based on some powerful learnings from Vast’s 2025 business data and early 2026 growth.
In 2025, Venture X increased total membership by 67%, while Office Evolution membership grew 50%. That trend across both brands illustrates the booming demand for flexible commercial real estate.
Vast is also growing rapidly from a franchise development perspective. Last year, they opened 17 new locations and expanded others, significantly growing their presence in Canada, the United Kingdom, India, and South Africa. Their 2025 efforts yielded 50 new franchise agreements, and across all three brands, there are already 34 locations in the pipeline for 2026.
Based on that data, Vast is anticipating strong domestic and international expansion in 2026 as they continue to help commercial real estate owners and enterprise businesses connect in ways that bring value to both sides.
Anderson says, “The performance of our brands in 2025 underscores the strength of our portfolio and franchise model and validates the demand for diversified coworking concepts that can serve different customer segments and real estate profiles around the world.”
For more information about opportunities with Vast Coworking Group, visit https://vastcoworking.com/contact-us/
