"One year ago, commercial real estate behemoth CBRE acquired Industrious, a flexible office company that opened its first space in 2013 and grew at an impressive pace in the aftermath of the pandemic. At the time, CBRE said in a release that Industrious' success was "the result of an ongoing investment into understanding what makes for a great workplace, paired with continuous operational improvement.""
"Industrious currently ranks third in its sector, by number of spaces and total square footage, behind International Workplace Group (owner of Regus) and WeWork. The global flexible office market is poised to grow from a value of $54.59 billion in 2025 to $147.2 billion by 2033, according to SkyQuest. While the mainstream office sector is still slowly recovering from the pandemic and the new work-from-home culture, flexible office, which encompasses co-working spaces, is benefiting from that slow recovery."
CBRE acquired Industrious, a flexible office operator that opened its first space in 2013. Industrious increased its global footprint 58% in 2025 to more than 250 units across over 100 cities and projects 100% growth in new signings for 2026. Industrious ranks third in the sector by spaces and square footage, behind International Workplace Group and WeWork. The global flexible office market is projected to grow from $54.59 billion in 2025 to $147.2 billion by 2033. Growth is driven by companies upgrading midsize and smaller offices to match headquarters quality and by a slow recovery in mainstream office occupancy.
Read at www.cnbc.com
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