Exclusive | Giant Commercial-Property Firm Goes All In on Co-Working With New Deal - WSJ


CBRE Group is acquiring a majority stake in Industrious, a co-working company, reflecting the growing interest in shared workspaces.
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Real estate-services firm CBRE Group is taking control of the co-working firm Industrious, a sign of the property market’s renewed interest in shared workspace as more employees return to the office. CBRE announced Tuesday that it has agreed to purchase the 60% stake that it didn’t already own in Industrious, a deal that values the co-working company at about $800 million. Industrious has more than 200 locations in over 65 cities globally that make office space available to businesses on flexible terms. 

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