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CBRE Acquires Industrious Amid Booming Flexible Office Market

1/23/2026

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Story summary
  • In January 2026, CBRE Group, Inc., the commercial real estate firm, acquired Industrious.
  • In 2025, Industrious grew 58% and now operates over 250 units in more than 100 cities.
  • Industrious anticipates 100% growth in new signings for 2026.
  • The global flexible office market is projected to rise from $54.59 billion in 2025 to $147.2 billion by 2033.
  • Jamie Hodari, CEO of Industrious, says hybrid work aims to improve the office experience in smaller locations.