Real Estate

Industrious grows 58% in 2025 to 250+ flex offices in 100+ cities

Industrious expanded its footprint by 58% in 2025, topping 250 flex spaces across more than 100 cities. The growth follows CBRE’s acquisition of Industrious around January 2025, signaling a broader consolidation in the flexible-office market. The sector’s momentum is underscored by SkyQuest’s forecast that the flexible-office market will rise from about $54.59 billion in 2025 to $147.2 billion by 2033.

Industrious grows 58% in 2025 to 250+ flex offices in 100+ cities

Key Takeaways

  • Industrious expanded 58% in 2025 to 250+ spaces across 100+ cities.
  • CBRE Group, Inc. acquired Industrious around January 2025, expanding its flex-office platform.
  • Global flexible-office market forecast: $54.59B in 2025 to $147.2B by 2033 per SkyQuest.
  • Industrious operates an asset-light model, signing management agreements with landlords to run space and share profits.

People Involved

  • Jamie HodariFounder & CEO of Industrious
  • Anna Squires LevinePresident of Industrious

Entities Involved

  • IndustriousFlexible-office operator (asset-light)
  • CBRE Group, Inc.Acquirer of Industrious
  • International Workplace Group (IWG)Owner of Regus
  • WeWorkCompetitor in the flex-office space
  • SkyQuestMarket-research firm (flexible-office market forecast)

MarketMoodz Analysis

Investors should note that Industrious’ growth under CBRE’s ownership demonstrates the viability of an asset-light, landlord-partner model for scaling high-quality flex spaces. The combination of strong occupancy discipline and shared upside in management agreements can improve returns even as fixed rent exposure remains limited.

The broader market backdrop supports further expansion: the global flexible-office market has grown meaningfully as traditional office demand recovers, with landlords refurbishing Class B assets to attract flexible-tenants. SkyQuest’s forecast of the market rising to $147.2 billion by 2033 highlights upside for landlords and operators who can execute regionally with neighborhood-oriented spaces.

Watch for 2026 signings and occupancy data as the next read on demand: Industrious’ forecast for 100% growth in new signings is noted but unverified, so investors should track official disclosures and earnings commentary for confirmation and implications for rents and valuations.

Get AI-Powered Market Insights

Stay ahead of market-moving events with our real-time analysis and stock ratings.

Start Your Free Trial