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CBRE's Industrious Acquisition Could Signal More Deals by Brokerages To Buy Coworking Firms

Brokerage Deals Reflect Vote of Confidence in Coworking Model as Companies Look Beyond Pandemic for Workforce Flexibility
Industrious plans to operate a flexible office location at a downtown Salt Lake City building owned by developer Hines. (Hines)
Industrious plans to operate a flexible office location at a downtown Salt Lake City building owned by developer Hines. (Hines)
CoStar News
February 23, 2021 | 3:03 AM

CBRE Group Inc.'s purchase of a stake in Industrious, the second major commercial real estate brokerage to agree to acquire a shared office provider in a matter of weeks, comes amid increasing demand by commercial real estate clients for workplace flexibility in the pandemic.

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News | CBRE's Industrious Acquisition Could Signal More Deals by Brokerages To Buy Coworking Firms