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Regus Expands in Austin as Businesses Boost Demand for Flexible Space

AUSTIN, TX - (Nov 8, 2012) – Regus, the world’s largest provider of flexible workplaces, continues to experience robust demand in Austin as more professionals flock to the city to take advantage of new opportunities offered by a strong economy. The company today announced the opening of its fifth full service business center in the northwest corner of the city located at 13785 Research Blvd.

An attractive and cost-effective alternative to traditional space, flexible workspaces are more adaptable to modern business needs allowing individuals to access a professional location as well as business services on demand. Regus’ investment in Austin comes as the city continues to be a magnet for businesses of all sizes looking to take advantage of opportunities, particularly in the areas of technology, energy and professional services.

“Austin has weathered the financial crisis better than most markets in terms of job growth and new business activity,” said Jeff Doughman, Regus’ Regional Vice President. “These economic factors along with our ability to get a company up and running quickly with minimal risk and no upfront capital are why we are experiencing a surge in demand.”

Regus’ network of Austin of business centers is supporting both domestic and international companies that are entering the market for the first time and are looking for cost-effective, turnkey space. The new northwest location is easily accessible by surrounding suburbs, providing thousands of local professionals with a place to drop in and work minutes from their home.

Regus’ model provides entrepreneurs, small- to medium-sized businesses as well as international companies a range of options, including fully equipped offices and virtual offices as well as meeting rooms and business lounges. Terms are flexible allowing clients to choose the amount of space they use and the length of time they stay.

“Another major driver reason for our growth is the traditional desk and the conventional way of working is quickly becoming a relic of the past,” said Doughman. “Most of our customers are mobile who use multiple locations throughout our network. This center gives customers another location they can use for work, meetings or support services.”