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CBRE has made a $100-million investment in flexible workspace leader Industrious

New York’s Flex Space Player Industrious Looking to Expand Overseas, Asia and Europe

Industrious, the New York flexible work space company, is looking to expand internationally, announcing two international acquisitions: The Great Room in Asia and Welkin & Meracki in Continental Europe. 

The deals will immediately add six new countries to Industrious’ portfolio across key European and Asia-Pacific markets – Singapore, Hong Kong, Thailand, France, Belgium, and The Netherlands – comprising approximately 1,000,000 SF of current and pipeline locations.

The deals will allow Industrious to better capture the growing global demand for experience-driven, flexible space from occupiers of all sizes. Motivated by employee demand for greater work flexibility, companies are increasingly leveraging workplace-as-a-service platforms to best support and engage hybrid and distributed teams.“We are thrilled to bring on The Great Room and Welkin & Meraki within the Industrious ecosystem,” said Jamie Hodari, CEO and co-Founder at Industrious. “We look forward to expanding our offering on a global scale to best support emerging work models, while keeping our commitment to the highest customer satisfaction in the industry.”

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IndustriousThe Great RoomWelkin & Meracki

About Ted Jackson

A highly successful financial journalist, corporate financial writer and magazine entrepreneur with strong expertise in writing on fixed income and pass-through securities (ABS), finance and banking, the economy, economic developments, financial markets, investing and personal finance, the business of behavioral healthcare and more.

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