CBRE acquired Industrious, a flexible office company, and saw a 58% increase in global footprint in 2025 with over 250 units in 100 cities. The flexible office market is projected to grow from $54.59 billion in 2025 to $147.2 billion by 2033. Large companies are focusing on workplace experience for remote workers, driving demand for flexible office spaces like Industrious.

Industrious ranks third in the flexible office sector, behind International Workplace Group and WeWork. The company’s asset-light approach, partnering with landlords to split profits, makes it resilient during economic downturns. Industrious specializes in hospitality-focused environments, attracting a diverse tenant base. The company’s strategy has helped it thrive in the current office market environment.

Industrious focuses on opening workspaces in neighborhoods rather than central business districts, catering to individuals who prefer working close to home. Landlords of Class B office buildings are refurbishing properties to attract tenants, benefiting companies like Industrious. The company’s boutique hotel-like spaces appeal to a wide range of tenants, creating a unique and engaging office experience.

Despite potential risks during economic downturns, Industrious is thriving in the current office market. The company’s approach to flexible office spaces has allowed it to outperform traditional leasing models in good times. While the sector may see fluctuations during economic challenges, Industrious is well-positioned to adapt and continue providing innovative office solutions.

Read more at CNBC: Flex office firm Industrious is seeing major growth